Forex Education

DailyFX Free Online Forex Trading University

Trading is a journey that can last a lifetime. While the idea of ‘buying low, and selling high,’ might sound simple enough; in actuality, profitable trading is considerably more difficult than just buying when price moves down, or selling when price moves higher. A trader’s Forex education can traverse a variety of market conditions and trading styles.

  Beginner

This is the time to get the basics set for the foundation of your forex trading education. In this section, you will learn the following:

  • Introduction to the Foreign Exchange Market
  • The most popular currency pairs and asset classes
  • Importance concepts in the Forex market such as leverage and margin, order types and more.

This is the time to get the foundation set for the rest of your forex education, and it's absolutely critical that new traders are familiar and comfortable with the concepts learned during this stage.

 Learn More

  Intermediate

This is the stage in which traders will begin to learn how to navigate around constantly changing markets as an endless amount of information is flowing at them from multiple directions. During this section, you will learn the following:

  • The role of economics and supply/demand relationships
  • The importance of economic data announcements and how prices can drive off of new data
  • Introduction of indicators and sentiment analysis to assist with buy/sell decisions.
 Learn More

  Advanced

This is the stage when we'll begin to look at how the concepts introduced in the Beginner and Intermediate stages are utilized in 'real world' scenarios. This is when we'll begin to move from the theoretical to the practical. During this stage, you will learn:

  • Price action analysis to assist a trader's technical approach.
  • How to mesh technical and fundamental analysis while keeping an eye on risk management.
  • An Introduction to Trading Psychology.
 Learn More

  Expert

This is the capstone, as we'll begin to integrate the concepts learned in the earlier three stages in order for traders to be able to implement their own buy/sell decisions while taking a risk-efficient approach towards managing exposure. During this stage, you will learn:

  • How to compose, follow, and modify a trading plan.
  • How to adapt an approach to varying market conditions.
  • How to integrate advanced forms of analysis such as Elliot Wave, or Ichimoku.

During this stage, special importance is placed on the topic of risk management, as this is often considered to be one of the most critical determinants of a trader's success or failure.

 Learn More


Latest Educational Articles for Beginners:


Foundations of Technical Analysis: Constructing a Trade Setup Part 2

How to execute once you’ve defined a given trade setup – a review of our technical approach and examples that illustrate our trading methodology in practice.
Continue Reading


Becoming a Better Trader – Trading Breakouts and Pullbacks, Part II

In this second webinar of a two-part series, we discussed the various facets of trading pullbacks from entry to exits to risk management.
Continue Reading


Difference Between Dow, Nasdaq, and S&P 500: Major Facts & Opportunities

What’s the difference between the Dow Jones, Nasdaq and S&P 500? Learn how the indices are calculated, their trading differences and how to incorporate them into your trading strategy..
Continue Reading


Becoming a Better Trader – Trading Breakouts and Pullbacks, Part I

In this first of a two-part series, we discussed the various facets of breakout trading from types to risk management.
Continue Reading


Becoming a Better Trader – Utilizing Multiple Time-frames (Video)

Today, we discussed the power of using multiple time-frames to not only identify trading opportunities but also find those which have excellent risk/reward profiles.
Continue Reading

Forex Education Home
  Beginner
  Intermediate
  Advanced
  Expert
Advertisement

News

Upbeat Australia Employment Report to Stem AUD/USD Weakness

Australia’s Employment report may curb the recent decline in AUD/USD as the economy is anticipated to add another 15.0K jobs in July.
Continue Reading

GBP/USD Eyes June 2017-Low as U.K. CPI Fails to Impress

EUR/USD Price Analysis: Euro Testing 1.13 – Is Relief in Sight?

Webinar Calendar

Time Event/Host
No events scheduled for selected dates