Level 1 Home Study Professional Forex Traders Course

ForexPaydays.com supports its members with tools and training to effectively trade the $5.1 trillion Forex market. The Proven three-step process of Showing by Doing, Repetition for Reinforcement, Evaluation and Feedback help traders transition from hobby trading to Professional trading.

The Foreign Exchange (FOREX) market is responsible for $2 Trillion in daily transactions (trades). It is the largest and most liquid market in the world. Big players trade pure money not things that represent money but rather MONEY itself! With this package you will learn how to join this exciting market and be a true market insider making unheard of profits on a daily basis 24 hours a day 5 days a week!.

Lesson 1 About this Course Introduction to course format and the powerful tools taught to trade it!

Lesson 2 Introduction to Forex a concise explanation of the forex industry and why trading it is a better choice than trading other markets.

Lesson 3 Trading 101 covers the basics of currency pairs and trading on margin. Also discussed are the advantages of trading odd contracts and then downfalls of fixed contracts.

Lesson 4 Trading 102 this lesson teaches the mechanics trading. Order types covered are: market order, limit order, stop-loss and take-profit orders. This lesson also introduces custom orders and how to properly integrate them into an automated trading strategy.

Lesson 5 Trendlines this is the first lesson on charting and technical analysis. You will learn the proper way to begin your trading day and find the power of simple analytical tools.

Lesson 6 Candlestick 1 introduces the candlestick chart starting from candle anatomy and then beginning our endeavor in the ever so powerful recognition of single candlestick patterns.

Lesson 7 Candlestick 2 continues on from Candlestick 1 explaining the most important multiple candlestick pattern formations found in the forex market. These patterns are searched for by forex traders and when discovered have a major impact on price.

Lesson 8 Candlestick 3 explains the importance of pattern flexibility and spatial intelligence. This lesson teaches you how to recognize pattern variations and how to improve your chart reading skills.

Lesson 9 Candlestick Practice this lesson provides interactive practice to test your knowledge of chart reading and everything learned in lessons 6 8.

Lesson 10 & 11 Chart Patterns 1 & 2 explores the most searched for and most reliable chart patterns in the forex market. These chart patterns provide low risk, high probability trading opportunities.

Lesson 12 — Support and Resistance support and resistance in forex trading is like bread to a sandwich! You can trade successfully with this technique alone. This lesson also discusses how to trade round numbers another trick of the trade.

Lesson 13 Stop Loss without this lesson a trader would not have a surviving chance. Correct use of the stop loss is a key to your success. Simple placing a stop loss is only half the battle. You will learn proper stop loss placement how to trade the trade and not what you can afford. This may be the most important tool in this course!

Lesson 14 Take Profit it has been stated that taking profits is one of the most difficult things to do as a trader. How do you know when you should take money off of the table? You don’t want to do it too early and then again you don’t want to wait too long. This lesson will help you make the correct decision when it is time to reap your rewards.

Lesson 15 Multi-Screen View now that you know all the basics and more it is important to know how to begin your trading day. This lesson will discuss the importance difference of News vs. Non-News days and the best way to apply technical analysis and search for low risk, high reward trades.

Lesson 16 Risk Management this is something that no trade could do without. This lesson discusses the importance of a risk management plan and asset allocation as it relates to trade setup. We also explain the reason you need an equity builder plan. Most importantly this lesson will tell you the best way to automate your risk management, a tool that is unique and a true account saver.

An investment in knowledge pays the best interest —Benjamin Franklin