❗The content presented here is sourced directly from Udemy platform. For comprehensive course details, including enrollment information, simply click on the 'Go to class' link on our website.
Updated in [April 29th, 2023]
This course, Forex Trading For Beginners: Technical Trading, is designed to introduce new and aspiring traders to the basics of Forex trading. It covers topics such as understanding the background and foundation of forex trading, working confidently with forex charts with different timeframes, placing Buy and Sell trades, understanding common terminologies used in forex trading, differentiating between market types available, having a full understanding of chart and types of charts, understanding candlestick and its composition, understanding candlestick patterns, differentiating between the market phases and conditions, and spotting the significant points on any given chart.
The course is structured with the student in mind and is presented in slides, with live charts, that focus only on the key areas that are needed and relevant. It is two hours worth of content and is great value for money.
[Applications]
Upon completion of this course, students will be able to apply the knowledge they have gained to the real trading environment. They will be able to confidently use forex charts with different timeframes, understand common terminologies used in forex trading, differentiate between market types available, and spot the significant points on any given chart. Additionally, they will be able to identify and interpret candlestick patterns, and tell the difference between the market phases and conditions.
[Career Paths]
Recommended Career Paths:
1. Forex Trader: Forex traders buy and sell currencies in the foreign exchange market in order to make a profit. They use technical analysis to identify trends and make decisions about when to buy and sell currencies. This job requires a strong understanding of the market and the ability to make quick decisions. The job is becoming increasingly popular as more people become interested in trading currencies.
2. Forex Analyst: Forex analysts provide research and analysis on the foreign exchange market. They use technical and fundamental analysis to identify trends and make predictions about the future direction of the market. They also provide advice to traders and investors on how to best manage their portfolios. This job requires a strong understanding of the market and the ability to interpret data.
3. Forex Broker: Forex brokers provide access to the foreign exchange market for traders and investors. They provide advice on trading strategies and help traders to execute trades. This job requires a strong understanding of the market and the ability to provide advice to clients.
4. Forex Educator: Forex educators provide training and education on the foreign exchange market. They teach traders and investors how to use technical and fundamental analysis to identify trends and make decisions about when to buy and sell currencies. This job requires a strong understanding of the market and the ability to explain complex concepts in a simple way.
[Education Paths]
Recommended Degree Paths:
1. Bachelor of Science in Finance: This degree program provides students with a comprehensive understanding of the financial markets, including the principles of financial analysis, investment management, and risk management. Students will also learn about the latest trends in the financial markets, such as algorithmic trading, quantitative analysis, and financial technology. This degree program is ideal for those looking to pursue a career in finance or trading.
2. Master of Science in Financial Engineering: This degree program provides students with a comprehensive understanding of the financial markets, including the principles of financial engineering, quantitative analysis, and risk management. Students will also learn about the latest trends in the financial markets, such as algorithmic trading, quantitative analysis, and financial technology. This degree program is ideal for those looking to pursue a career in finance or trading.
3. Master of Business Administration in Finance: This degree program provides students with a comprehensive understanding of the financial markets, including the principles of financial analysis, investment management, and risk management. Students will also learn about the latest trends in the financial markets, such as algorithmic trading, quantitative analysis, and financial technology. This degree program is ideal for those looking to pursue a career in finance or trading.
4. Master of Science in Quantitative Finance: This degree program provides students with a comprehensive understanding of the financial markets, including the principles of quantitative finance, quantitative analysis, and risk management. Students will also learn about the latest trends in the financial markets, such as algorithmic trading, quantitative analysis, and financial technology. This degree program is ideal for those looking to pursue a career in finance or trading.