Forex Trading: Advanced Strategies

Course details

This course on Advanced Forex Trading provides a range of sophisticated trading strategies applicable to the Forex markets. Gain knowledge in trading statistics and probability fundamentals. Discover how to anticipate market movements through the application of both Fundamental and Technical Analysis, incorporating strategies employed by leading banks and financial institutions.

The course also covers demonstrations in Risk Management and Psychology to equip you with the necessary tools not only to engage in the markets but to do so with profitability.

Explore the practices and principles of renowned market wizards and understand their application in Forex trading. Acquire skills in advanced trade management, including scaling in and out of positions. Additionally, learn methods to enhance your trading system through the use of advanced position sizing techniques.

Learning Outcomes:

• Master advanced Forex trading strategies.
• Develop a foundation in trading statistics and probability.
• Predict market movements with Fundamental and Technical Analysis.
• Manage risk and cultivate psychological resilience for profitable trading.
• Apply professional trade management techniques, including scaling positions.
• Enhance trading systems with advanced position sizing and market wizard insights.

Course Outline:

Opening your trading / broker account:

• Why your choice of broker is KEY (FREE)
• Demonstration Video – Opening your trading account (FREE)
• 3 step process to opening your account

Economic News and Trading:

• Economic News Explained
• Why trade the news
• What news to trade
• What currencies to focus on?
• A brilliant Central Bank resource!
• Is a currency strong or weak? (The Long Term View)
• Trading strong vs weak
• Currency Watch-list Example

Setting yourself up like a PRO-TRADER:

• The resources you need
• Demonstration Video –
• Demonstration Video – FXPro Squawk Feed
• Forex News Gun – Download Instructions
• Demonstration video – Forex News Gun
• Demonstration video – News Impact DataFlash (replacement for the FNG)
• News Impact DataFlash Setup Instructions (replacement for the FNG)

Placing The Trade:

• Creating a trading plan / idea
• Executing the trade – Determining your Entry, Stop & Target
• Management of the trade & summary
• Demonstration Video – FXPro MT4
• Demonstration Video – Closing a trade after 1 hour if not done as expected

Risk Managing your trades:

• Risk management and working out your trade quantity
• Demonstration Video – Earn Forex Position Size Calculator

Your ongoing support:

• Next steps
• Trader Transformation Membership Service – Intro video!
• A small peek into our trader mentoring service
• Weekly market analysis video predicts USD move well ahead of time!

BONUS VIDEOS!:

• How to predict the largest movements from news
• Understanding & trading market turmoil successfully!

Practical Forex Trading:

• How a Forex system operates in real time
• The secret to success in forex trading
• What is a Spot Market?
• How You Make Money Trading Forex
• Know Your P’s and L’s
• Opening a Trading Account
• Types of Trading

Introduction to Investing in the Stock Market:

• Stock Market (FREE)
• Introduction to Investing
• What is the Stock Market
• Learn Stock Market History
• Advice on Financial Advisors
• Start Planning for Retirement
• Old School Investment Strategies
• Setup a Brokerage Account

Thinking Long Term:

• Think Rationally About Investing
• How the Housing Market Crashed
• Determine Risk Appetite for Investing
• Tempering Investment Expectations

Investing in Stocks to Maximize Return:

• How to Maximize Return on Investment
• Understand Price to Earnings Ratio of a Stock
• Calculate Textbook Stock Valuations
• What is the Worth of a Stock

Updated on 11 December, 2023