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What you will learn with our Forex trading classes
How to analyze the global market and choose the right currency pairs for your trading objectives.
Learn to track and capitalize on market moves even if you don’t have access to complete research on underlying market conditions.
Each lesson focusses on a key topic and has been carefully crafted and delivered by our team to ensure easy comprehension.
Perfecting entry to help minimize risk
What is Currency Trading?
Trading currencies is the act of making predictions based on minuscule variations in the global economy and buying and selling accordingly. The exchange rate between two currencies is the rate at which one currency will be exchanged for another. Forex traders use available data to analyze currencies and countries like you would companies, thereby using economic forecasts to gain an idea of the currency’s true value.
The Benefits of Forex Trading
Unlike stocks, forex trades have low, if any, commissions and fees. Even so, new forex traders are always advised to take a conservative approach and use orders, like stop-loss, to minimize losses. High leverage, which should be prudently applied, gives traders the opportunity to achieve dramatic results with far less capital than necessary for other markets. Forex trading requires training and strategy, but can be a profitable field for individuals looking for a lower risk endeavor. Learning currency trading gives traders a range of exciting new opportunities to invest in.
It will include chart analysis, weekly webinars and more! We do not provide signals, however you will receive trading ideas from the team and I.
***The course is designed on a lock module basis. Meaning, you will have to complete each module to proceed to the next. If the module has a test, you will need to score at least a 70% to proceed to the next section. Homework is assigned as well.
Risk warning: Trading foreign exchange or contracts for differences on margin carries a high level of risk, and may not be suitable for all investors. There is a possibility that you may sustain a loss equal to or greater than your entire investment. Therefore, you should not invest or risk money that you cannot afford to lose. You should ensure you understand all of the risks. Before using Millionaire Forex Society services please acknowledge the risks associated with trading.
Course Curriculum
Getting Started-THE SET UP
StartWelcome to the team! DO NOT SKIP
StartSetting up Broker, Tradingview & MT4 App
StartNews & More! Be prepared!
StartGetting Trading View Set Up
StartMT4 MOBILE TOUR
StartHow To Book One on One’s (For VIP Clients Only)
Forex 101
StartWhat are Pairs? Major vs Minor
StartWhat is a lot size, pip & leverage?
StartWhat is Spread?
StartType Of Traders
StartCandlesticks and Price Action
StartWhat is Stop Loss & Take Profit?
StartMarket Structure
StartWhat is Support & Resistance?
Trapping The Market
StartDrawing Trend Lines & Retests
StartDrawing Key Levels
StartSetting Up Zones (MY PREFERRED METHOD)
StartDetermining if Your Zones are Valid
Breakout Retest
StartBreakout Retest Webinar 5.22.19
Taking Profit
StartDetermining Take Profit Using Structure & Zones-RECOMMENDED
Stop Loss
StartHow to Determine an Ideal Stop Loss That is Valid
How To Enter A Trade
StartHow To Enter a Trade
StartBuy Limit-Sell Limit-Buy Stop-Sell Stop (Webinar)
StartTrade Analysis With Students
StartNewbie Webinars (ALL STUDENTS MUST WATCH)
StartTrading Plan (Download)
Extras (DO NOT SKIP)
StartIndicators
StartMY NEW FAVORITE INDICATOR IN THE WHOLE WIDE WORLD
StartChart Correlation & Patterns
StartProfitable Forex Patterns
StartHow to Use Fractals & Ichimoku Cloud Overview
StartHarmonic Patterns
StartDetermining Take Profit Using 2 Fibonacci Tools
StartCompound Sheet
StartForex Calculator
StartScalping Can Be Used With This Strategy
StartCalculating Pips (1:48)
StartHow to Determine Currency Strength?
StartWHEN BACKTESTING, WHAT DO YOU TYPICALLY WRITE DOWN IN A FOREX JOURNAL?
StartBefore You Send Me Screenshots-Please Watch
Risk Management
StartLet’s Talk Risk Management (IMPORTANT)
StartOpen an FX Book Account
I Finished the Course….Now What?
StartDemo is Your Friend
Webinars-PLEASE WATCH-MUST COMPLETE COURSE MODULES FOR ACCESS
StartZoom Sessions (Webinars)
StartChart Analysis Videos
Advanced
StartHow To Use Fibonacci & what does it mean? (advanced)
StartTrading Inverse Head & Shoulders
StartKey Levels & Top Down Analysis
StartDivergence
StartAdvanced Entry Method
StartAdvanced Indicator
Thanks | Jessica Ramos – Millionaire Forex Society