The Forex Foundation Course is designed for complete beginners and includes everything you need to know to start trading the Forex market today.This online course is the perfect learning platform from which to launch your trading career and will prove to be the backbone of your trading success. The great thing about trading is that anyone can do it and The Forex Foundation Course will provide you with the skills you need to start. Whatever your reasons are for learning how to trade, once you learn how to do it right you will have these skills for the rest of your life.

The course will cover in detail:

• How professional traders make their money
• Why uneducated traders never make consistent profit
• How to set up your charts and navigate your way around them with ease
• How to place trades with a broker
• How much risk you should place on a trade and how to work this out easily
• Plus much, much more…

What is forex?

Quite simply, it’s the global market that allows one to trade two currencies against each other.

If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit.

If you’ve ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet into the currency of the country you are visiting.

Foreign Exchange
You go up to the counter and notice a screen displaying different exchange rates for different currencies.

An exchange rate is the relative price of two currencies from two different countries.

You find “Japanese yen” and think to yourself, “WOW! My one dollar is worth 100 yen?! And I have ten dollars! I’m going to be rich!!!”
When you do this, you’ve essentially participated in the forex market!

You’ve exchanged one currency for another.

Or in forex trading terms, assuming you’re an American visiting Japan, you’ve sold dollars and bought yen.

Currency Exchange

Before you fly back home, you stop by the currency exchange booth to exchange the yen that you miraculously have left over (Tokyo is expensive!) and notice the exchange rates have changed.

It’s these changes in the exchange rates that allow you to make money in the foreign exchange market.