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Forex Education

fx education background

 

I. Forex Trading School

AllFXBrokers.com's Free Online FX Trading School - Educational Articles & Material

 

 


Forex education with AllFxbrokers gives you a structured course to learn about forex markets. Start as a novice and graduate as an expert in forex trading with our online forex learning course.


Forex trading is all about speculating the currency markets.

You cannot expect to master forex trading overnight, or even over a few years. Just as with any field of study or profession, forex trading requires time and constant efforts.

But as you can imagine, the forex markets are vast and there are many aspects that you should learn.

AllFxbrokers’ forex trading school gives you the chance to understand the concepts of trading before you can jump in. At the end of this course, you would be fairly confident in your trading and be able to start on a firm footing.

Trading can be simple, but there is a lot of work that goes behind the scenes.

Just like we all learn to walk before we can run, our course is structured along the same lines. Below is a quick summary of what you can expect from the AllFxbrokers forex trading school.


 

Novice Level1. Novice Level

 

Starting with the very basic, the Novice section outlines the concept of the forex or the currency markets.

Starting with an introduction to the forex markets we explain how it is different from other financial market structures.

You will learn important basics such as:

  • What is the forex market all about and how it is different from other markets
  • How your trades are executed in the market and the costs associated with trading forex
  • The role of regulation in the forex markets
  • Choosing the right forex broker
  • How to protect yourself from forex broker scams

By the end of this section you would be able to give a fair explanation of the forex markets, the difference to other financial markets and how you can avoid the traps of online forex trading.


 

Advanced Beginner Level2. Advanced Beginner Level

 

The Advanced Beginner section builds upon the knowledge gained from the Novice section. Here, we will walk you through the various technical jargons that are used. From understanding the meaning of a Pip to introducing you to the MT4 trading platform, this level brings closer to the action.

This section ties the concepts outlined in the Novice and prepares you for what’s to come. The articles are still basic, but we move from a more general approach to focusing on the forex markets.

In this section we cover:

  • How to read the price charts in forex
  • Introduction to the economic calendar and why it is important for forex traders
  • A basic introduction to the MT4 trading platform
  • Margin call and leverage in forex

At the end of this article, you will be ready to take on the more advanced concepts of trading. You will be familiar with the different types or orders and the MT4 trading platform, which is the most widely used forex trading platform.


 

Competent Level3. Competent Level

 

In the Competent section, you will learn everything about how to analyze the markets and how to trade. We explain concepts such as trading signals, building a routine and a lot more.

The Competent section allows you to dive into the forex markets as we cover topics such as:

  • Fundamental and technical analysis in forex
  • Introduction to trend lines, support and resistance levels
  • Forex managed accounts and automated trading systems
  • Using the MT4 platform to run expert advisors and using indicators

At the end of this section you should be able to read and analyze the price charts on your own. You would also be able to make your own trade. Unlike others, you would be able to differentiate between forex managed accounts or building your own trading strategies and automating them.


 

Proficient Level4. Proficient Level

 

The Proficient section dives into the more advanced concepts in forex. You will find these in your day to day trading. This is where the action happens! At the proficient level, we introduce you to the following:

  • Understand the meaning of reversals and retracements
  • The concept of divergence in the forex markets
  • Trading based on Fibonacci levels
  • Measuring volatility

And of course, a lot more!

At the end of this section you will be able to independently analyze the charts and identify potential trading opportunities. You will gain a strong understanding of the various concepts in technical analysis and use these in your trading.


 

The Expert Level5. The Expert Level

 

The Expert level is where ends!

Here, we introduce you to the concepts of using tools that will help you to fine tune your trading. This will give you an edge as it enhances your existing knowledge already.

In "The Expert" level some of the things you will learn about include:

  • Carry trades and reading and understanding market sentiment
  • Picking tops and bottoms with the CoT report
  • Correlations in the markets and much more.

The concepts in this section will be the last set before we can remove the training wheels for you.

At the end you should be very well versed with the forex markets and be able to start building your own trading strategies and trade with confidence.

Ready to start your journey as a forex trader?

"Trending markets are one of the most cited market phases among trader. Regardless of which markets you look at, trending markets are most often talked about. A trending market occurs when the market positioning leads to either a demand in the prices, thus leading to higher prices or there is very less in the markets leading to a supply in…
"Fibonacci trading methods belong a type of technical analysis approach that makes use of Fibonacci numbers. These numbers are based on the discovery by Leonardo de Pisa who is attributed to finding the golden ratio. The golden ratio is something that exists not just in manmade architecture but also in nature. The nautilus shell is often used as an example…
"The Fibonacci based retracement method is one of the most common ways for trend traders to trade a trend. Using the retracement levels based off the Fibonacci numbers, traders are able to pick the turning points in the price. This gives them the optimal price point from which they can enter into a trend. While it sounds simple, to perfect…
"Moving averages are the basic technical indicators built upon mathematical values. These are one of the oldest technical indicators based on which, one can build up either a complex or a simple trading system. This includes automated trading systems as well. As the name suggests, a moving average simply shows the average of the price to which it is applied.…
"Moving averages are one of the oldest and commonly used technical indicators. This indicator is used as a trend determination indicator. The moving average allows traders to understand the price, based off technical analysis which uses indicators. There are a number of ways to gauge the trend in the markets. Therefore, you will find traders making use of different methods…
"In the world of trading, Holy Grail is a term that is often used. A holy grail is a trading system or a technical indicator that can generate profits. But in reality there is no such trading system that can be profitable 100% of the time. Traders tend to often wonder or continue to seek the best technical indicator in…
"Volatility is one of the key aspects when it comes to assessing the price of a security from a technical perspective. When volatility is high, the price tends to deviate quite a bit from its average level. This fluctuation can be in either direction. Volatility offers trades the opportunity to make profits but they are also risky at the same…
"When a beginner to forex trading is asked about what their biggest investment would be, they would often reply with money. This may be true to a certain extent. But it is time that is your biggest investment as a forex trader. Without dedicating the time required, you will not learn much about the markets. By dedicating time, you will…
"A trading journal is one of the most important aspects of trading. As a trader, your trading journal will help you to get focused and also helps you treat your trading system as a business. Many traders often start out with a trading journal but soon lose focus. This is because it obviously takes a lot of time to keep…
"Designing a forex trading system is something that will take time. Not every forex trader is able to get a level where they can design their own trading strategy. There are a number of things that you as a trader should be aware of before building a trading system. If you have come to a point where you can design…
"A mechanical trading system is something that you will come across during your journey as a forex trader. But what exactly is a mechanical trading system and why is it so widely talked about in the forex circles? A mechanical trading system, as the name suggests is a trading system that is based on technical indicators. The buy and sell…
"A currency carry trade is a type of strategy that is derived from what is known as a carry trade approach. A carry trade simply means that the trader or investor borrows funds and pays interest on it, in order to fund something else which gives a higher rate of return. Carry trade is commonly used across many markets but…
"A currency carry trade strategy might seem sophisticated. This is because many large institutional players often tend to take advantage of the economic and monetary policy conditions. For the retail forex trader, a currency carry trade strategy might seem like an alternative approach to regular technical analysis. But to be adept and to make a profit from currency carry trade,…
"Breakouts and fakeouts might seem like a fancy terminology. But you might have come across these terms if you have had some basic trading experience. Breakouts and fakeouts are quite popular with day traders. This is because these occur a lot more on the smaller time frame charts than on the longer time frame charts. While trading breakouts posts significant…
"Market sentiment is a term given to the general health of the markets at large. It is a broad and an umbrella term used to describe the general investor feeling for the stock markets. Market sentiment is a reflect of what investors feel based on the news such as the fundamentals that are coming out. Market sentiment is an important…
"When you trade the financial markets, you will come across some key reports. These reports can vary depending on the type of markets and the instruments that are being traded. Among the many reports, the Commitment of Traders report is one such report that traders closely watch on a weekly basis. Released on a Friday, the report shows how the…
"The Commitment of Traders report is no doubt something that will fascinate many traders. After all, the goal in trading is to find an edge in the markets. Some information that can put you ahead of the rest. The CoT report is one such report that aims to bring about some transparency. Because the markets are made up of large…
"The Commitment of Traders report is something that we have covered in the previous articles. They give you the basic foundation of what the Commitment of Traders report is all about and how this information can be used. In this article, we give you more insights into how you can use the Commitment of traders report into understanding the implications…
"Tops and bottoms are key levels in a price chart. This indicates that price has completed its trend and reached a top (and a bottom). When a top is formed, it infers that the previous uptrend is nearing its completion, or at the very least, price is due for a correction. Similarly, when a bottom is formed, it indicates that…
"Currency correlation is a method of applying correlations to understand which currency pairs exhibit the same behavior. Currency pairs can be positively or negatively correlated to each other. What this means is that positively correlated currency pairs move in the same direction. Meanwhile, a negatively correlated currency pair moves in the opposite direction. Correlations are often found in different markets…
"Trading multiple currency pairs can make forex trading a lot more exciting. Depending on the assets that you are trading, there is a good chance that the profits can be increased greatly. However, in doing so, traders do not realize whether they are taking on more risk. Of course, logic dictates that when you have an exposure in more than…
"Currency correlations are an important but often overlooked aspect when it comes to trading multiple currency pairs at the same time. Many traders do not pay attention to currency correlations because they fear that they will be missing out on trading opportunities. In fact, currency correlations are simple to understand. And by applying some logic you will be able to…
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