Welcome! Are you new to trading forex? This is my free course that helps beginners learn how to trade forex. If you've always wanted to learn to trade but have no idea where to begin, then this course is for you.
What is Forex, What Is Traded In Forex? Buying And Selling Currency Pairs.
How to Make Money Trading Forex , Know When to Buy or Sell a Currency Pair , Margin Trading or Leverage Account.
Don’t even think about trading until you are comfortable with pip values and calculating profit and loss.
Types of Forex Orders, Market order: Buy or Sell, Pending order: Buy Limit, Buy Stop, Sell Limit, Sell Stop An order is an offer sent using your broker’s trading platform to open or close a transaction if the instructions specified by you are satisfied. Basically, the term “order” refers to how you will enter or exit a trade.
Three Types of #Market Analysis To begin, let’s look at three ways on how you would analyze and develop ideas to #trade the market. There are three types of market analysis: #Technical Analysis #Fundamental Analysis #Sentiment #Analysis
What is #Technical #Analysis? Technical analysis is the framework in which #traders study price movement. The theory is that a person can look at historical #price movements and determine the current trading conditions and #potential price movement.
What is #Fundamental #Analysis? Whereas #technical analysis involves poring over #charts to identify #patterns or #trends, fundamental analysis involves poring over #economic data reports and #news headlines.
What is #Sentiment #Analysis? Sentiment analysis is used to gauge how other traders feel, whether it’s about the overall currency market or about a particular currency pair. Earlier, we said that price action should theoretically reflect all available market information.
