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What is Forex?
A brief introduction to the Forex market.
Currency Pairs and How to Read Them
It is obviously very important when looking at a currency pair that you know how to read the exchange rate correctly.
Or you could end up trading in the wrong direction.
The price chart depicts the price change of the underlying currency pair. We go through the charts characteristics. The chart is where you will spend a lot of time observing price behavior. Trade decisions will be aided by what you see.
Technical Analysis and Indicators
Technical analysis can aid the trader in making better-informed decisions on Risk, when to enter and exit a trade. As well as aid you in identifying trends and potential reversal points.
We delve into what a trading strategy is. What should be included in your strategy and also touch on the importance of a backtested trading strategy.
Placing A Trade
In this section, we look at a deal ticket and how to place a trade with a broker. We also take a look at the all-important margin and leverage.
Putting it All Together
We look at a smart approach to putting this all together to give you a fighting chance f becoming successful.