DAY 1
  • Why trade Foreign Currencies?
  • How Foreign Currencies and Forex trading works?
  • Setting up a Demo account
    (Demo vs. Live)
DAY 2
  • Trading Psychology and Your Trading Plan
  • Analysis Methods and Types of
    charts
  • Risk Management
DAY 3
  • Trend lines and Cyclicity
  • Price Action and Chart Patterns
  • Introduction to MT4
DAY 4
  • Technical Analysis – Trend Lines
  • Technical Analysis – Moving Average
  • Technical Analysis – MACD
  • Funding your account
DAY 5
  • The Reversion to Mean Trading Strategy

About this course

Admiral Markets is proud to present to you the "Learn Forex in Five days" video trading course. The course was designed to empower new and intermediate traders with the basic knowledge needed to become a successful Forex trader. This course covers such topics as:

  • Comprehensive coverage of Forex market
  • Making informed trade decisions
  • Actual trading strategies & techniques
  • And many, many more...

Please find the specific topics that will be covered on each day of the video course below.

Apply Here

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5
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DAY
DAY

Why trade Foreign Currencies?

In this section we will show you just how easy it is to understand the Forex market and how it works. A complete introduction will be presented in order to understand why Forex is the World’s largest financial market with an approximate volume of $4 trillion a day. You will understand what leverage is and what advantages Forex trading has over traditional share investing

Setting up a Demo account
(Demo vs. Live)

Setting up a Demo account is the easiest way to develop your skills and learn the basics and to start to use the different trading tools. Demo trading allows you to trade using the trading software with pretend money in a simulated trading environment without trading any money. You will learn which software package you can use to trade the Forex. The best part about this is Admiral Markets provides you with the software for free on both demo and the live account so right after you view this module you can start test trading straight away.

How Foreign Currencies and Forex trading works?

In this module you will under the concept of FX trading and you will start to understand how you can apply this trading in your own personal investing. You will learn why currencies are traded in pairs and how Forex prices work. Last but not least you will understand the unit of measurement used to express the change in value between two currencies, often referred to as a pip.

Trading Psychology and Your
Trading Plan

In this section you will learn how important the trading psychology and discipline is when you trade these markets. There are many characteristics and skills required by traders in order for them to be successful in the financial markets. The ability to understand its fundamentals and the ability to determine the direction of the trend are a few of the key traits needed, but not one of these is as important as the ability to contain emotions and maintain discipline. We will show you the key points you need to keep in mind when preparing your trading plan in order to avoid repeating costly mistakes many new traders make.

Risk Management

In Forex Trading Risk Management is a critical area to focus on in order to maintain your trading capital. Speculating as a trader is not gambling. The difference between gambling and speculating is risk management. In this section you will learn the importance of how to calculate Trade Sizing and use the right Risk: Reward Ratio. We will cover all of these new terms in depth.

Analysis Methods and Types of charts

We will introduce you and give you definitions on the 3 main analysis methods you can use to trade the Forex Markets. These include Fundamental, Technical and Sentimental Analysis. We will show you how to use them to analyze and forecast future currency values. You will also learn the types of charts and how to identify the trends, open and close trades and how to start to spot the high and low points in the market.

Trend lines and Cyclicity

In this section you will learn what trends lines are and how to identify the types of trends in order to trade more effectively. We will show you how to identify the up and downward movements on the market and when to enter a trade and how to avoid the common pitfalls most new traders face. In addition you will learn what cyclicity is and how the market moves in order to become more confident & efficient FX trader.

Introduction to MT4

We will show you to get started with the MT4 software platform. This is the free software you will receive from Admiral Markets to actually trade the markets. We will show you a step by step way on how to set up and create your chart layouts . We will also show you how to place a Buy or Sell order and an easy way as well as show you how to add different indicators to all your charts in order to help identify a trading opportunity

Price Action and Chart Patterns

You will learn what the term price action is and what it is used for. We will show you the main types and figures used:

1. Continuation Patterns – Ascending Triangles, Symmetrical, Pennants.
2. Reversal – Head & Shoulders, Double Top

In this section you will learn the importance of identifying these patterns in order to time your trade entries and exits.

Technical Analysis – Trend Lines

In this section you will learn more about technical analysis and how to apply basic knowledge in practice. You will understand the Up, down and sideways trends in order to identify the possible entry and exit positions on the market.

Technical Analysis – MACD

In this module you will learn about the MACD indicator and how to use it. The MACD is used to identify the changes in direction, strength, momentum and duration of a trend in the Currencies price. Not only will we show you how to add it to your charts but we will show you how to utilize this indicator for your own trading

Technical Analysis – Moving Average

Here you will learn the types of moving average traders use to analyze charts. Moving Averages are used by traders to identify trends, reversals and measure the strength of a currency trend. You will be shown in detail how to set up your charts and use Moving Averages in order to analyze the price trends.

Funding your account

We will guide you through the steps to open a live account in order to start your FX trading journey.

The Reversion to Mean Trading Strategy

On this day we completely focus on putting all of what you have learned in the previous days all together and actually showing you a trading strategy you may choose to implement in your own trading. This exciting strategy shows you from start to finish how to setup your charts, how to time your entries on the time you may want to trade. This is a complete strategy that traders can use to trade the markets.

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