Ichimokutrade – Forex 101
Archive : Ichimokutrade – Forex 101
In this recorded 2 hour course you will learn the “in’s and outs” of Forex Trading. Starting with the Forex Basics like: What is a pip? What is a currency pair? and How to read a Forex Chart. This course is designed for the Forex beginner. Once you’ve mastered this course you will be all set to understand forex trading and possibly move on to live trading. The topics covered in this course are:
- Basic and the Fundamentals of Forex
- Basic Technical Analysis: Moving Averages, Bollinger Bands, RSI and more.
- Support and Resistance
- Line Patterns
- Advanced Technical Analysis techniques such as Ichimoku, Elliot Wave Theory, Fibonnacci and more.
What is forex trading?
Forex, or foreign exchange, can be explained as a network of buyers and sellers, who transfer currency between each other at an agreed price. It is the means by which individuals, companies and central banks convert one currency into another – if you have ever travelled abroad, then it is likely you have made a forex transaction.
While a lot of foreign exchange is done for practical purposes, the vast majority of currency conversion is undertaken with the aim of earning a profit. The amount of currency converted every day can make price movements of some currencies extremely volatile. It is this volatility that can make forex so attractive to traders: bringing about a greater chance of high profits, while also increasing the risk.
Ichimoku Trade – Forex 101
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