Series Overview

Forex can be a daunting market for new traders. This four-hour course - run as two, two-hour webinars - is aimed at all clients who are new to forex trading. It runs through the basics of risk management, technical analysis* and trading strategy and includes a live demonstration. The content is aimed at ensuring clients know how to establish the correct processes from the beginning of their forex trading. That includes knowing why it’s crucial to have a trading strategy and plan, the importance of technical analysis* in reading market trends, and the key role of risk and money management.

Part One: The 3 Keystones of Financial Trading

Have you wondered why some traders seem to be better than the rest? This webinar will help you understand the crucial importance of the key techniques that experienced traders are using to up their chances of getting consistent returns. In particular, we’ll focus on the 3 keystones of financial trading - technical analysis, trading strategy and risk management. Please note that the use of technical analysis may result in increased frequency of trading and, therefore, significantly higher transaction costs than a fundamental approach.

We’ll cover:

• What technical analysis* (TA) is and why it’s such a useful tool
• Why a trading strategy is crucial, what it is and how it forms part of a trading plan to help create consistency in a chaotic market
• An introduction to Risk and Money management and why this is so important
• We’ll also provide a live demonstration on how to set up and navigate the trading platform, with a forum where live trading questions can be answered

Part Two: A Basic Forex Trading Strategy for Trending Markets

In this webinar we explain how to define all aspects of technical analysis* to set up a basic trend-following strategy. Live examples will reveal exactly what happens when you follow the rules for your trading strategy.

We will:

• Show you how to create a trading plan with this strategy as a center point
• Explain how to set up risk and money management tools for this strategy
• Work through example trades to illustrate the learning points of the session
• Provide a live demonstration of the strategy on the Advanced Trading platform and go through each technical element of the strategy