Course Overview

This comprehensive course on Forex Trading offers a deep dive into the dynamic world of foreign exchange markets. From understanding market structures to mastering trading strategies, participants will gain invaluable insights into both fundamental and technical analysis techniques. Through practical applications and case studies, learners will develop the skills needed to navigate the complexities of currency trading confidently.

 

Prerequisites

  • Trainees should be proficient in web surfing. 
  • Able to communicate in English.
  • For in-person training, do bring along a laptop.

Target Audience

This course is tailored for working professionals in Singapore who seeks to learn forex trading. It is suitable for:

  • Finance professionals seeking to enhance their analytical skills in Forex.
  • Aspiring traders and investors looking to diversify their portfolio through Forex.
  • Individuals interested in pursuing careers in Forex trading.
  • Anyone curious about the intricacies of global currency exchange.

Course Highlights

  • In-depth exploration of Forex market structures and currency pairs.
  • Practical guidance on calculating profits, losses, and carry interest.
  • Analysis of macroeconomic indicators and their impact on currency values.
  • Comprehensive understanding of fundamental and technical analysis techniques.
  • Hands-on experience with trading strategies and risk management principles.
  • Real-world case studies illustrating successful and unsuccessful trades.

Course Objectives

Upon completion of the course, participants will be able to:

  • Understand the structure and functioning of the Forex market.
  • Analyse currency pairs, exchange rates, and trading conventions.
  • Interpret economic indicators and geopolitical factors affecting currency values.
  • Apply fundamental and technical analysis to identify trading opportunities.
  • Develop and backtest trading strategies based on risk tolerance and goals.
  • Implement effective risk management techniques, including leverage and diversification.
  • Utilize trading platforms and tools for executing trades and monitoring markets.
  • Evaluate trade performance and identify areas for improvement through case studies.

Course Outline

  • Understanding the forex market structure.
  • Exploring currency pairs and exchange rates.
  • Major vs Minor Pairs, Floating vs Fixed Regimes.
  • Role of central banks and economic indicators in forex trading.
  • Forex Convention, Computation Basics, Carry Interest.
  • Understanding tick calculations and value in Forex.
  • Lot sizing, profit, and loss calculations.
  • Calculating carry interest paid or received.
  • Understanding impact of economic indicators such as GDP, inflation, and employment data on value of a currency.
  • Assessing geopolitical factors and their impact on currency markets.
  • Analysing central bank rate policy decisions and generating view on it.
  • Impact of global commodity prices on certain pairs, correlations.
  • Evaluating economic indicators of 2 countries and comparing them.
  • Understand relative changes of indicators and effects of historical divergences.
  • Introduction to candlestick patterns and charting techniques.
  • Identifying support and resistance levels.
  • Advanced chart patterns and trend analysis.
  • Fibonacci retracement and extension levels.
  • Evaluating economic indicators of 2 countries and comparing them.
  • Understand relative changes of indicators and effects of historical divergences.
  • Introduction to candlestick patterns and charting techniques.
  • Identifying support and resistance levels.
  • Advanced chart patterns and trend analysis.
  • Fibonacci retracement and extension levels.
  • Basic understanding of calculations behind common indicators and their applications.
  • Usage of volatility indicators for risk management.
  • Indicator patterns and divergence.
  • Parameter selection, avoiding overfitting.
  • Develop trading plans based on risk tolerance and investment goals.
  • Explore different types of trading and time horizons- scalping, day trading, swing trading, and position trading strategies.
  • Backtest trading strategies using historical data.
  • Understanding leverage and margin requirements.
  • Setting stop-loss and take-profit levels.
  • Diversification and hedging techniques
  • Use trading platforms and tools to execute trades.
  • Scan and monitoring markets, best practices and set up.
  • Analyse real-world case studies of successful and unsuccessful trades.
  • Review trade performance and identifying areas for improvement.

Certification

A certificate of completion will be awarded upon successful completion of the course.

Course Fees

$788 $488

Forex Trading

Become a Forex Trading Expert and Master the Art of Currency Markets

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Become a Forex Trading Expert and Master the Art of Currency Markets

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