Forex Trading Course

FXCourse.com Beginners forex trading course will teach traders how to mechanically trade via state of the art currency charting and electronic trading platforms. Once each trader has an understanding of chart and trade station manipulation they will be introduced to all the necessary Forex terminology such as: currency rates and currency pairs, market opens for European, New York and Asian sessions, lots, pips, support, resistance, barriers, pivot points and trends. From this point we will start to teach the basis of our short term trading strategy called SMAC, utilizing both leading and lagging indicators (moving averages) as well as oscillators (MACD) which when coupled together help create a very simple to trade strategy for beginner Forex traders. SMAC helps give traders a very simple, time based currency trading strategy that offers very basic visual objective reasons for entering and exiting Forex trades.

The Beginners course is very important for neophyte traders as we start to teach money management as well as trading psychology two of the most important facets of trading often overlooked by many ‘short term’ strategy companies. You will be taught how to properly start and maintain a proper Forex Trading Journal, utilize a strategy checklist for objectively entering into the trades as well as a ‘cheat sheet’ with all the charting set up, entry and exits rules for entering into your first ‘short term’ trading strategy.

It should take traders with a commitment to learn about 20-45 days to complete all the necessary pre-requisites through; lessons, quizzes, final exam and time spent in live market environments with coaches who understand how to trade and effectively communicate the trading strategies in live market environments called ITR's (Interactive Trading and Learning rooms).

This is where you will master the fundamental concepts of trading the FOREX and establish a solid foundation that will allow you to build on in upcoming courses. You will get plenty of practice with the basics and understand the elementary moves, as well as learn and begin to apply your first trading strategy: the SMAC.

Key Learning Objectives:

• Currency Chart Setup and Manipulation
• Trade Station Expertise
• Forex History
• Terminology such as: pips, lots, ISO codes, currency trading mastery, day trading, swing trading, position trading, up trend, sideways trends, down trends, support and resistance, barriers, pips, lots, margin, margin call, buy, enter, sell, exit, limit, break and bounce trades, candlesticks, open, high, low and close…
• Technical Analysis; leading and lagging indicators, moving averages, trend line development, MACD and Fibonacci Retracements.
• Short Term Trading Strategies; SMAC proprietary trading strategy as well as short term trendlines break trade analysis and trade re-entry.
• Trading Psychology
• Money Management; trade journal and objective trading checklist
• Live Trading in a trading community
• Segmental quizzes and final exams
• 24/7 training experience through FACTS archived information system
• Live online full day courses
• Ongoing email support from currency coaches and instructors
• Coaches take live trading opportunities in the market when they exist during Interactive Trading Sessions through ITRs. ITR's are our main support system where are students can watch and discuss the market live with one of our qualified Moderators online from their own home.