The Complete Foundation FOREX Trading Course from Udemy

In this course you will learn everything you need to know to start Trading the Forex Market right now.

This is not just a theoretical course, there is LIVE Trading Included (where we show you how to use the information learned to Trade Live in Real Time).

You will be learning from Mohsen Hassan, who is the Founder of Boom Trading.

So whether you want to generate some side income by trading the FOREX Market or if you want to make trading your only source of income (like our Traders), then this course is for you.

In This course we will cover beginner and Intermediary level information to get you on the right path to becoming a successful and a consistently profitable Trader. On top of all the material thought we will be giving you our personal tricks, techniques and views on the Forex market that have tremendously fast-tracked our success.

By the end of this course you will understand the History of Money and understand the Structure of the FOREX Market. You will know all FOREX terminology like: Bid, Ask, Spread, Pips, Points, Lots, Short Selling, Leverage and Much More.

You will be able to select which broker is best for you and will be able to open a trading account to start trading. You will also get familiar with the most popular FOREX Trading platform: Metatrader 4.

You will know how to analyse the Currency you are trading by learning Technical Analysis and Fundamental Analysis. You will learn how to use the Economic Calendar to avoid or play fundamental events that can impact wildly Currency prices.

You will also become an expert in Chart reading. This means you will know how to spot the best Chart Patterns and Candlestick Patterns as well as use the best Technical Indicators in order to buy and sell at optimal locations.

We also cover Risk Management and Money Management techniques so you will be able to know exactly how much to buy or sell on each trade and where to place your take profits and stop losses to minimize your risk.

You will also be receiving a Excel Sheet to calculate your position sizing and keep track of your historical performance.

Going further than other trading courses we even cover Trading Psychology. Something that we have noticed has a huge impact on trading performance.

When registering to this course, you have:

Lifetime Access to the course
Access to all new/additional lectures (My courses are always up to date. )
Access to our Q&A section forever.

Eager to see you in the course.

What's inside

Learning objectives

Completely understand how the forex market works.
How to choose a broker and open a forex trading account.
Understand pips, points and lots.
Understanding leverage and short selling.
Understand forex terminology: bid, ask, spread, etc.
Understand how to use technical analysis and fundamental analysis.
Master technical analysis: candlestick patterns, chart patters, volume and technical indicators.
How to send orders and different order types.

Filter out the noise, get to know what our traders use and how they think. get insight from a professional trader's standpoint.
How to use metatrader 4 (the most popular forex trading platform)
How to use an economic calendar.
Risk management: how to reduce losses and manage overall portfolio risk.
Money management: how to manage risk on each position, how much to buy, and where to take a loss.
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Completely understand how the forex market works.
How to choose a broker and open a forex trading account.
Understand pips, points and lots.
Understanding leverage and short selling.
Understand forex terminology: bid, ask, spread, etc.
Understand how to use technical analysis and fundamental analysis.
Master technical analysis: candlestick patterns, chart patters, volume and technical indicators.
How to send orders and different order types.
Filter out the noise, get to know what our traders use and how they think. get insight from a professional trader's standpoint.
How to use metatrader 4 (the most popular forex trading platform)
How to use an economic calendar.
Risk management: how to reduce losses and manage overall portfolio risk.
Money management: how to manage risk on each position, how much to buy, and where to take a loss.
Show more
Show less

Syllabus

Me, You & This Course

About Your Instructor

What You'll be Able To Do After This Course

What You'll Learn in This Course

What's Expected of You

Important Changes to be aware of

The History Of Money

Barter and Gold

Paper Money

Gold Standard

Bretton Woods

End of the Gold standard

Discussion

The Forex Market & Quotation

How to make Money

Currency Pairs

Major Pairs & Cross Pairs

Market Structure Explained

FOREX Terminology

Price Terminology

Pips

Lots

Pip Value Calculation

Leverage

Short Selling

Brokers

Warning: Beware of Scammers

How to Choose a Broker?

A book vs B book brokers

ECN brokers and Commissions

The broker that i recommend

Shareable Ressources Google Sheet

Live and Simulation Accounts

Different Ways Of Analysis

Technical Analysis VS Fundamental Analysis

Charts and Trends

Charting Tool: Tradingview

Candles, Candlestick Charts & Line Charts

Trends & Trendlines

Channels, Supports & Resistances

Volume

Chart Patterns

What Are Chart Patterns

Double/Multiple Tops and Bottoms

Ascending/Descending Triangles

Symmetrical Triangles

Wedges

Technical Analysis/Indicators

Technical Indicators

Simple Moving Averages

Moving Averages Crossovers

Bollinger Bands

Relative Strength Index (RSI)

Fibonacci

Fundamental Analysis

Fundamental Analysis Explained

Economic Calendar

Platforms

Which Trading Platform Should You Choose

Metatrader 4 (MT4)

Trading Through Tradingview

Risk Management

Defining Risk

Stop Losses

Money Management

Protecting Your Account

Position Sizing

FREE Excel Position Sizing Calculator

Trade Analysis

The Importance of Recording Historical Trades

Batting Average and Win/Loss Ratio

FREE Excel Sheet for Historical Trade Analysis

Live Trading

Live Trading Examples

Live Trading Example 1

Live Trading Example 2

Live Trading Example 3

Live Trading Example 4

Analyzing Live Trading Results

Trading Psychology

About this Section

The Importance of Trading Psychology

Loss Aversion

Endowment Effect

Status Quo Bias

Anchoring Effect

Confirmation Bias

Genes and Instincts

Misconceptions and Ways to Improve

Thank You

Bonus Lecture

Good to know

Know what's good

, what to watch for

, and possible dealbreakers

Examines FOREX trading strategies and techniques, which are core skills for financial independence

Helps learners become familiar with the most popular Forex Trading platform, Metatrader 4

Taught by a recognized trader, Mohsen Hassan who is the founder of Boom Trading

Provides personal tricks, techniques, and views on the Forex market from seasoned traders

Includes live trading examples, which can be valuable for learners

Reviews summary

Forex trading foundation

learners say this course is an excellent foundation for beginners who want to understand the basics of Forex trading. The course is well-organized, provides clear and detailed explanations, and covers a wide range of topics, from the history of money to risk management and trading strategies. The instructor, Mohsen Hassan, is knowledgeable and experienced in Forex trading, and he presents the material in a structured and engaging manner, making it easy for students to understand the complex concepts involved in Forex trading.

Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in The Complete Foundation FOREX Trading Course with these activities:

Relearn advanced technical analysis

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Understand and gain confidence in advanced technical analysis in order to recognize more complex trading patterns.

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Read articles on technical analysis
Review previous lessons
Take practice tests

Analyze historical data using Candlesticks

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Practice using candlestick patterns to predict future price movements.

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Choose a historical data set
Plot the candlestick chart
Identify candlestick patterns
Make predictions based on the patterns

Discuss trading strategies with a study group

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Share and discuss trading strategies with peers to gain new perspectives.

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Find a study group
Prepare topics for discussion
Share and discuss strategies

Five other activities

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Follow online tutorials on risk management

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Gain a deeper understanding of risk management strategies.

Browse courses on Risk Management

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Search for online tutorials
Choose a tutorial and watch it
Take notes and summarize

Attend a webinar or workshop on trading psychology

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Learn about the psychological aspects of trading and how to overcome emotional biases.

Browse courses on Trading Psychology

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Find a suitable workshop
Attend the workshop actively
Take notes and implement techniques

Read 'Trading in the Zone'

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Learn how to manage risk, control emotions, and develop a winning mindset for trading.

View Trading in the Zone: Master the Market with... on Amazon

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Acquire the book
Read each chapter
Take notes and highlight key points

Create a trading journal

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Record and track trades to identify areas for improvement and growth.

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Choose a journal or spreadsheet
Log each trade
Analyze trades and identify patterns

Participate in a trading simulation or competition

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Test trading strategies and skills in a simulated environment with real-time data.

Browse courses on Trading

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Find a trading simulation or competition
Open an account and fund it
Practice trading and track performance

Career center

Learners who complete The Complete Foundation FOREX Trading Course will develop knowledge and skills that may be useful to these careers:

Trader

Traders buy and sell financial instruments, such as stocks, bonds, and currencies, on their own account to make a profit. This course is highly relevant for Traders who wish to specialize in forex trading. It provides a comprehensive overview of the forex market, including technical analysis, risk management, and live trading examples. The course can equip Traders with the skills and knowledge necessary to succeed in this competitive market.

See salaries and explore the career path for Trader

Currency Trader

Currency Traders buy and sell currencies in the foreign exchange market on behalf of banks, institutions, and individuals. They analyze currency dynamics and market trends to make informed trading decisions. This course is essential for Currency Traders who wish to succeed in this fast-paced and competitive market. It provides a comprehensive overview of the forex market, including technical analysis, risk management, and live trading examples.

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Financial Trader

Financial Traders buy and sell financial instruments, such as stocks, bonds, currencies, and commodities, on behalf of clients or for their own account in order to make a profit. This course can be particularly helpful for Financial Traders interested in forex trading. It provides practical knowledge and strategies for managing risk and maximizing returns in this complex and dynamic market.

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Financial Risk Analyst

Financial Risk Analysts assess and manage financial risks within organizations. They develop and implement strategies to mitigate the potential negative impact of risk on an organization's financial performance. This course is highly relevant for Financial Risk Analysts who wish to specialize in forex risk management. It provides a comprehensive overview of the forex market, including technical analysis, risk management techniques, and live trading examples. The course can equip Financial Risk Analysts with the skills and knowledge necessary to succeed in this challenging role.

See salaries and explore the career path for Financial Risk Analyst

Market Analyst

Market Analysts study market data and trends to identify trading opportunities and make investment recommendations. They may specialize in specific markets, such as the forex market. This course is highly relevant for Market Analysts who wish to specialize in forex analysis. It provides a comprehensive overview of the forex market, including technical analysis, fundamental analysis, and risk management.

See salaries and explore the career path for Market Analyst

Risk Manager

Risk Managers identify, assess, and mitigate financial risks within organizations. They develop and implement strategies to minimize the potential negative impact of risk on an organization's financial health. This course is relevant for Risk Managers seeking to enhance their understanding of financial risk management in the forex market. The course covers risk management techniques, such as stop-loss orders and position sizing, which are essential for managing risk in forex trading.

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Economist

Economists study economic data and trends to understand the functioning of economies. They develop theories and models to explain economic phenomena and make predictions about future economic conditions. This course is relevant for Economists who wish to specialize in international economics and forex markets. It provides insights into currency dynamics, macroeconomic factors, and the impact of global events on the forex market.

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Portfolio Manager

Portfolio Managers make investment decisions for individuals, institutions, and organizations. They create and manage investment portfolios, aiming to achieve specific financial goals while managing risk. This course can be beneficial for Portfolio Managers who want to expand their knowledge in forex trading. The course provides insights into currency dynamics, technical analysis, and risk management, enabling them to make informed decisions and enhance the performance of their portfolios.

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Investment Banker

Investment Bankers provide financial advisory and other services to corporations, governments, and individuals. They help clients raise capital, evaluate mergers and acquisitions, and manage their investments. This course is relevant for Investment Bankers who wish to deepen their understanding of the forex market and its impact on global financial markets. The course covers topics such as currency valuation, technical analysis, and risk management, which are all crucial for analyzing and advising clients on investment decisions.

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Quantitative Analyst

Quantitative Analysts (Quants) use mathematical and statistical modeling to analyze financial data and develop trading strategies. They play a crucial role in investment banks and hedge funds. This course may be useful for Quants who wish to enhance their knowledge in forex trading. The course provides a solid foundation in technical analysis, risk management, and trading strategies, which can complement their existing quantitative skills.

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Hedge Fund Manager

Hedge Fund Managers manage investment funds that use advanced investment strategies to generate high returns for investors. They typically charge performance-based fees and have a high degree of investment discretion. This course may be useful for Hedge Fund Managers who wish to enhance their knowledge in forex trading. The course provides insights into technical analysis, risk management, and trading strategies, which can complement their existing investment skills.

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Investment Advisor

Investment Advisors provide financial advice to individuals and institutions on investment decisions. They analyze investment opportunities and provide personalized recommendations tailored to each client's financial goals and risk tolerance. This course may be helpful for Investment Advisors seeking to expand their knowledge in forex trading. The course provides insights into currency dynamics, technical analysis, and risk management, enabling them to provide more informed advice to their clients.

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Compliance Officer

Compliance Officers ensure that their organizations comply with applicable laws and regulations. They may specialize in different areas, such as financial compliance. This course may be useful for Compliance Officers who wish to enhance their knowledge in forex regulations and compliance. The course provides insights into the structure of the forex market, key regulatory bodies, and best practices for compliance in this industry.

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Financial Analyst

Financial Analysts, sometimes referred to as Research Analysts, investigate and evaluate companies, industries, and economies by analyzing data to determine their financial health and make sound investment recommendations. This course may be useful for Financial Analysts who wish to enhance their understanding of the financial markets, particularly the foreign exchange market. The course provides a comprehensive overview of the forex market, including terminology, technical analysis, and risk management.

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Business Analyst

Business Analysts work with businesses to improve their operations and efficiency. They analyze business processes and identify areas for improvement. This course may be useful for Business Analysts who wish to develop a deeper understanding of financial markets and the impact of forex fluctuations on businesses. The course provides insights into currency dynamics, macroeconomic factors, and risk management, which can be valuable for Business Analysts in various industries.

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