PROFFESIONAL FOREX TRADING COURSE.

[Audio] Welcome everyone! Today, I'm here to talk about Foreign Exchange Incorporated's Professional Forex Trading Course. This course is designed to equip students with the skills and instruction needed to become successful traders. Let's explore these exciting markets and uncover the mysteries of Forex, Stocks, and Crypto trading..

INCORORATED IS THE KNOWLEDGE ON STOCKS AND CRYPTO MARKETS.

[Audio] When it comes to foreign exchange, trading can be a great way to add diversity to your portfolio. However, it is imperative to understand its complexities and how to manage your investments efficiently. I offer a professional Forex trading course that will provide you with the skill set to make educated decisions when trading foreign currency. Don't miss the opportunity to get started and begin your investments immediately..

[Audio] If you want to enter the Foreign Exchange universe, this course is ideal for you. In the initial lesson, we'll go through the fundamental principles, from what Forex is to how to benefit from 'going short' and 'going long.' Additionally, we'll review the course's contents. In the next lesson, I'm going to unveil the secrets of successful trading and present a strategy that can bring positive results..

[Audio] We will be focusing on mastering technical analysis in Lesson Three of our Professional Forex Trading Course. This lesson will cover the basic components of technical analysis, including candlestick patterns, trends, support and resistance and supply and demand zones. We will also discuss the use of moving averages in technical analysis and how to utilise the MT4 and MT5 trading platforms. In Lesson Four, we will be exploring position sizing and money management for maximum gains. Knowing how to appropriately size your positions is essential for becoming a successful trader. Lastly, tips and tricks to help automate trading business with order management will be provided..

[Audio] This Professional Forex Trading Course lesson five focuses on the impulse pullback price action patterns and entry and exit rules for long and short setups. We analyze the significance of filtering for quality setups and effective trade management and exit rule strategies. In lesson six, we cover the psychology of a successful trader - we look into the thought process of traders who are regularly triumphant; how to cope with and conquer adverse emotions; and how to manage drawdowns whilst training your brain to think like a successful trader..

[Audio] In lesson seven of the Professional Forex Trading Course, we will be covering the Impulse Pin Bar strategy. This strategy involves using both bullish and bearish pin bar patterns to make entry and exit decisions for short set-ups. We'll also discover how to filter for quality set-ups. And in lesson eight, we'll be learning how to develop a winning trading plan. We'll look at creating a daily trading routine that can take as little as three to six hours per day. We will also discuss how to choose a Forex broker..

[Audio] Forex trading is a lucrative investment opportunity and an important part of the global financial markets. The foreign exchange market, also known as Forex, is the largest and most liquid of all financial markets, with a daily turnover of over 5 trillion dollars. This huge volume of daily trading provides investors with a wide range of different investment opportunities and the potential to create substantial profits. The Forex market is open 24 hours a day, five days a week, making it accessible to anyone who wants to get involved. With the right knowledge and tools, Forex trading can be a great way to diversify your portfolio and create income..

[Audio] Forex is a dynamic market where money is bought and sold around the world. In Forex, currencies are paired together and traded as pairs; for example EUR/USD. When trading currencies, you are investing in the economy of the country whose currency you are buying. Exchange rates represent the relative strength of a particular country's economy in relation to other countries, so monitoring Forex can give insight into the global economy. To learn more about the business of forex trading, the next slide will provide some additional information..

[Audio] Forex spot market offers investors the chance to benefit from a broad array of global currencies. This market gives traders the versatility to be on both buying and selling sides, which gives them the potential to benefit from market volatility. As banks are electronically connected, the spot market is open 24/7 over five days, allowing traders from all over the world to get in and out of trades as they desire. Moreover, as there is no physical exchange, cost of trading is kept low. With the precise information and tools, this market can be an incredible method to strengthen your investment portfolio..

[Audio] Forex is the largest and most liquid asset class in the world. It allows traders to buy and sell currencies of various countries, taking advantage of market changes. Some of the most frequently traded currencies are the US Dollar (USD), the Euro (EUR), the Japanese Yen (JPY), the Great Britain Pound (GBP), the Swiss Franc (CHF), and the Canadian Dollar (CAD). By being aware of the available currency pairs, traders can create strategies for maximising their profit..

[Audio] Foreign exchange trading offers investors the opportunity to take advantage of 24-hour markets to buy and sell currencies. For instance, the New York market is open from 3am to 12pm GMT, and the Tokyo market is open from 7pm to 4am GMT. By taking advantage of different market times, it is possible to increase potential profits through trading in the foreign exchange market..

[Audio] Trading foreign currencies can offer numerous potential benefits, including no commissions, no middlemen and low transaction costs. Access to a 24-hour market, leverage, high liquidity, free demo accounts and useful tools such as news, charts and analysis for optimisation also exists. Additionally, there are "mini" and "micro" trading opportunities that may be beneficial..

[Audio] When trading Forex, you are buying and selling currencies in pairs. You are speculating on the relative values of the two currencies in order to make a profit from changes in the exchange rate. For instance, if you buy 10000 euros at an exchange rate of 1.18 and sell them back two weeks later at a rate of 1.25, you will gain 700 US dollars..

[Audio] Learning to read an FX quote is an important step in Forex trading. Currencies are always quoted in pairs - the base currency followed by the quote currency. When you buy a currency pair, you are buying the base currency and simultaneously selling the quote currency. The bid is the price the dealer is willing to buy the base currency in exchange for the quote currency while the ask is the price the dealer will sell the base currency in exchange for the quote currency. The difference between these two prices is known as the spread. Knowing how to read an FX quote correctly is vital for foreign exchange trading..

[Audio] Demo trading is an essential way to test your skills and get accustomed to the Forex market without taking the risk of losing money. To ensure you truly understand the features and tools available in the market, it is important to devote at least two months of demo trading before transitioning to trading with actual money. Make a resolute commitment to yourself and declare confidently: "I will demo trade for two months before I start trading with real money." Reaffirm that you are an intelligent and steadfast Forex trader today!.

[Audio] In Forex trading, having the discipline to stay consistent with your strategies is key to success. However, statistics demonstrate that 90 percent of traders lose money as a result of inadequate planning and training, and lack of strong money management rules. It is therefore important to obtain a comprehensive understanding of Forex trading before entering the market. Additionally, if you have difficulty in relinquishing perfectionism or aversion to failure, trading may be a challenge. To summarize, it is essential to shield yourself from overtrading and possible losses by making sure you are adequately informed and proficient in Forex trading before investing..

[Audio] Forex trading is not a get-rich-quick scheme; it is a skill that needs dedication, practice and commitment. Formulating a trading strategy and familiarizing oneself with the market takes time. To start off, one should use a demo account to put their knowledge to the test and hone their skills. Only then, when one is comfortable with trading on a simulator, should they attempt trading with real money. Similar to a casino, the long-term outcome of trading is ultimately profitable. Now, let's break down the wonders of a tornado in the next slide..

[Audio] Skills in technical analysis can be beneficial for traders of all types. Analysis of price patterns can provide indications of future price movements, which is done by interpreting collective emotions seen in stock, FX, and crypto charts. An example of this is the chart pictured, which reveals the collective psyche of traders. Through recognition of these patterns, traders can speculate on the probability of potential movements and adjust their strategies accordingly..

[Audio] Technical analysis is a method of predicting future price movements of an asset by examining its historical data or charting its performance. It is an integral part of Foreign Exchange trading as it gives traders an outline on which they can evaluate the present market landscape and distinguish trends, conceivable price movements and trading prospects. By utilising the power of charting, traders can acquire insight into past performance and judge future directions of the exchange rate. Technical analysis can help traders to locate the most favourable entry and exit points in the market and thus boost their odds of attaining a successful trade..

[Audio] Currency trading requires a comprehensive understanding of both fundamental and technical analysis. Fundamental analysis takes into account the economic, social, and political forces that affect supply and demand. Technical analysis, meanwhile, examines the historical price movements and identifies trends and patterns to use for potential future gains. It is essential to always follow the trend when utilizing technical analysis..

[Audio] In order to be successful in Forex trading, it is essential to be aware of the probability of future price movements, which is why technical analysis is so important. By combining technical indicators, such as moving averages, support and resistance and candlesticks, with price action, traders can obtain a slight edge in the markets and be able to generate considerable profits in the long-term. Understanding the concepts of technical analysis is thus essential..

[Audio] To trade in Forex successfully, one must be knowledgeable of the types of charts used. Line charts, bar charts, and candlestick charts are all widely used. However, this course will pay special attention to candlestick charts, thus providing the necessary information to make sound trading decisions..

[Audio] When trading in foreign exchange markets, recognizing distinct trends can be of great help in making decisions. The law of the trend has it that an established trend in price is more likely to persist from one interval to the next rather than reverse. Thus, being able to spot a downtrend or an uptrend can be used to your benefit..

[Audio] The price has been on an uptrend for the past few months, making higher highs and higher lows, signifying a bullish market and reflecting the optimistic view that this sector currently holds. With the knowledge you can gain from this professional Forex trading course, you can make the most out of foreign exchange trading..