FX POWER COURSE

FX POWER COURSE - WHAT'S COVERED:

Part 1: The FX Market
- What Makes a Good Trading Market?
- Superior Liquidity
- Transparency of Market Information
- Perfect Market for Technical Analysis
- Unrivalled Leverage Capabilities
- Review: Forex Vs Equities
- Review: Forex Vs Futures

The FX Structure
- Hierarchy of Participants
- Market Participants
- A Closer Look at the Key Participants
- A Brief History of Electronic Trading in Foreign Exchange
- Overview of the Major Central Banks
- Market Hours
- Review: FX A Brief History

Part 2: Currency Trading Basics
- ISO Codes
- How an FX Trade Works
- Calculating Profit and Loss
- Other Key Components in Currency Trading
- Calculating and Approximation of Interest Rollover
- Types of Orders
- Phone Etiquette

Part 3: What Moves the Market
- What Moves the Market
- Key Factors in Fundamental Analysis
- Other Fundamental Factors That Impact Currency Movements
- How to Use Fundamental Analysis in Trading
- Candlesticks
- Fibonacci Retracement Levels
- Moving Averages, Bollinger Bands, Oscillators, Stochastics
- Moving Average Convergence / Divergence (MACD)

Part 4: Currency Profiles and Outlook
- Important Economic Indicators
- Important Currency Characteristics
- Monetary and Fiscal Policy Makers
- The Above Provided for the US, Canadian, European, Australian and New Zealand Dollars - As Well As the Japanese Yen, Swiss Franc and British Pound

Part 5: Trading Rules to Live By
- Trading Rules to Live by
- Money Management and Psychology