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Online Forex Course Begin Your Forex Education

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Chapter 1

Forex Basics

Chapter 2

Fundamental Factors

Chapter 3

Technical Tools

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Lesson 1. Introduction to the Foreign Exchange

This lesson will take you through the working of the largest market in the world. We will explore the Foreign Exchange market's operation and background.

1.1	What is Forex? Purpose Background
1.2	Operation The 8 Major Currencies A 24 Hour market Business Hours of the World’s Financial Centers

1.3

Aspects of Trading
Fundamental Analysis
Technical Analysis

Lesson 2. How Trading Works and Terminology

This lesson explains the main concepts behind Forex trading. It breaks down how trading in the Forex market works starting with how to read a Forex chart. Next, some terminology is dissected in easy to understand language. Finally we introduce two of the basic risk management tools, limit and stop orders.

2.1	How Forex Trading Works Going Long or Short How to Read a Forex Chart More Trading Terminology - Spread
2.2	Explanation of Margin and Leveraged Trading Contract Sizes and Pip values Leverage Margin Call Tying Everything Together in an Example

2.3

Risk Management
Limit and Stop Orders
Example – Euro vs. US Dollar

Lesson 3. A Sample Trade

This lesson will take a novice that has never used an online trading platform through opening two positions and then following how they change in value.

3.1Setting Up An Example
Reading Candlesticks
Initial Analysis

3.2Opening two Positions

3.3Initial Changes, 4 Hours Later

3.4The Next Day, 24 Hours Later

3.5	Candles Can Paint A Story of Wild Activity - 26 Hours Later
3.6	Retraction from a Big Move - 30 Hours Later
3.7	Two Days Later - 48 Hours Later Conclusion - a Tale of Two Positions

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	Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Increasing leverage may increase gains or losses on any given trade.