Module 01 - Market Fundamentals

Syllabus

Before You Begin Trading 💼📶 — Set Yourself Up for Success with the Right Tools, Market Knowledge, and a Clear Understanding of Forex Fundamentals.

  1. Before you begin
    • Good internet connectivity
    • Smart Phone and/or a Computer
    • A monitor if you can
  2. Financial Markets Basics
    • Stocks
    • Bonds
    • Forex
    • Derivatives
  3. What is Forex?
    • Is Forex gambling
    • How not to gamble in forex
  4. Currency Pairs
    • Base and quotes
    • Majors, Crosses, Exotics
    • Carry Trade
    • Correlation
  5. Market Participants
    • Central banks
    • Institutional traders
    • Hedge funds
    • Brokers
    • Retail Traders
  6. Forms of Market Analysis
    • Fundamental Analysis
    • Technical Analysis (charting & price action)
    • Algorithmic Trading
  7. Types of traders
    • Scalpers
    • Day Traders
    • Swing Traders
    • Position Traders
  8. Trading times and trading sessions
    • Tokyo Session
    • London Session
    • New York Sesion
  9. Setting up your trading platforms
    • TradingView
    • MT4 or MT5
    • News channels
  10. Some terminologies used in Forex
  11. Summary
Activity
  1. Take quiz
  2. Setup trading platforms before progressing to Core Mechanics