Are you new to the exciting world of forex trading? The forex for beginner's study course written by informed trades contains very valuable information on how to start trading the foreign exchange (FOREX) market. All forex lessons are set out in a logical flow for your best learning experience.

Chapter 1: Introduction to The Forex Market

Lesson 1: What You Need to Know About Forex Trading
Lesson 2: The Difference Between Exchange Traded and Over the Counter Markets
Lesson 3: The Structure of the Forex Market
Lesson 4: How the Forex Broker Provides Access to Individual Traders
Lesson 5: Forex Market Participants 1: Central Banks
Lesson 6: Forex Market Participants 2: Banks, Hedge Funds, and Corporations
Lesson 7: A Breakdown of the Forex Trading Day
Lesson 8: An Overview of the Main World Currencies


Chapter 2: The Basics of Forex Trading

Lesson 1: Setting Up Your Demo Forex Trading Account
Lesson 2: How to Read Currency Quotes
Lesson 3: Understanding Currency Rate Movements
Lesson 4: Understanding the Bid Ask Spread
Lesson 5: Placing Your First Forex Trade
Lesson 6: Calculating Your Position Size
Lesson 7: An Explanation of Pips and Fractional Pips
Lesson 8: How to Calculate Profits and Losses in the Forex Market


Chapter 3: The Basics of Forex Trading Part 2

Lesson 1: An Introduction to Leverage In Forex
Lesson 2: How Trading on Margin Works
Lesson 3: How to Calculate Your Leverage Ratio
Lesson 4: How to Calculate Your Leverage Ratio Part 2
Lesson 5: The Different Types of Market Orders
Lesson 6: How to Place a Stop Loss and Take Profit Order
Lesson 7: How to Place a Pending Entry Order
Lesson 8: How Rollover Works
Lesson 9: How Rollover Works, Part 2


Chapter 4: How the Forex Market Works

Lesson 1: How Trade Flows Move the Forex Market

Lesson 2: How Capital Flows Move the Forex Market
Lesson 3: The Current Account and Measuring Trade Flows
Lesson 4: The Capital Account and Measuring Capital Flows
Lesson 5: The Balance of Payments
Lesson 6: How Interest Rates Move the Forex Market Part 1
Lesson 7: How Interest Rates Move the Forex Market, Part 2
Lesson 8: How to Trade the Carry Trade Strategy Part 1
Lesson 9: How to Trade the Carry Trade Strategy, Part 2
Lesson 10: How to Trade the Carry Trade, Part 3


Chapter 5: Currencies: The US Dollar (USD) Explained

Lesson 1: Fundamentals vs. Technicals in Forex
Lesson 2: Forex Fundamentals Quiz
Lesson 3: Why the US Dollar is Still King of the Currency World
Lesson 4: Factors That Will Determine if the US Dollar Remains King
Lesson 5: Determining the Fate of the US Dollar Part II
Lesson 6: Determining the Fate of the US Dollar Part III
Lesson 7: Economic Numbers that Move the US Dollar


Chapter 6: Currencies: The Euro (EUR) Explained

Lesson 1: A Traders Introduction to the Euro, Part I
Lesson 2: A Traders Introduction to the Euro, Part II
Lesson 3: How to Trade Euro Fundamentals


Chapter 7: Currencies: The Japanese Yen (JPY) Explained

Lesson 1: A Traders Introduction to the Yen, Part I
Lesson 2: A Traders Introduction to the Yen, Part II
Lesson 3: A Traders Introduction to the Yen, Part III


Chapter 8: Currencies: The Pound (GBP), Swiss Franc (CHF) and Commodity Currencies (CAD, AUD and NZD)

Lesson 1: A Trader's Introduction to the British Pound
Lesson 2 : A Trader's Introduction to the Swiss Franc
Lesson 3 : A Trader's Introduction to the Canadian Dollar
Lesson 4: A Trader's Introduction to the Australian Dollar
Lesson 5 : A Trader's Introduction to the New Zealand Dollar


Chapter 9: How To Pick a Forex Broker

Lesson 1: Why Choosing a Forex Broker is So Confusing
Lesson 2: Examining Forex Broker Regulation and Financial Stability
Lesson 3: How to Evaluate Forex Transaction Costs
Lesson 4: How To Evaluate Forex Trading Technologies and Value Added Services
Lesson 5: Evaluating Customer Service of Forex Brokers


Chapter 10: Technical Analysis In Forex

Lesson 1: Introduction to Technical Analysis
Lesson 2: An Introduction to Dow Theory
Lesson 3: Dow Theory, Part II
Lesson 4: Forex, Futures, and Stock Price Charts
Lesson 5: Support and Resistance
Lesson 6: Multiple Time Frame Analysis for Forex, Futures, and Stock Traders


Chapter 11: The Most Commonly Used Chart Patterns in Forex

Lesson 1: Double Top and Double Bottom
Lesson 2: Double Bottom and Double Top Trading Strategies
Lesson 3: The Head and Shoulders Pattern
Lesson 4: Trading the Head and Shoulders Pattern
Lesson 5: The Falling and Rising Wedge Patterns
Lesson 6: The Falling and Rising Wedge Trading Strategies
Lesson 7: The Flag and Pennant Chart Patterns
Lesson 8: Strategies for Trading the Flag and Pennant Chart Patterns
Lesson 9: Learn to Trade Triangle Chart Patterns Part 1
Lesson 10: Learn to Trade Triangle Chart Patterns Part 2


Chapter 12: The Most Commonly Used Technical Indicators in Forex

Lesson 1: An Introduction to Technical Indicators
Lesson 2: The Moving Average
Lesson 3: Trading With Moving Averages
Lesson 4: The MACD
Lesson 5: Trading With the MACD
Lesson 6: The Relative Strength Index
Lesson 7: The Stochastic Oscillator
Lesson 8: Bollinger Bands
Lesson 9: The Average Directional Index
Lesson 10: The Parabolic SAR


Chapter 13: The Most Commonly Used Candlestick Chart Patterns in Forex

Lesson 1: An Introduction to Candlesticks
Lesson 2: The Sipping Top and Doji
Lesson 3: The Bullish and Bearish Engulfing Formations
Lesson 4: The Hammer and Hanging Man
Lesson 5: The Morning and Evening Star
Lesson 6: The Inverted Hammer and Shooting Star


Chapter 14: Forex Money Management

Lesson 1: Setting Realistic Profit Expectations
Lesson 2: Learn to Protect Capital First
Lesson 3: Determining Your Initial Stop Level
Lesson 4: Setting Stops Using Volatility
Lesson 5: Up Your Chances for Profit When Setting Stops
Lesson 6: How to Guard Your Stops
Lesson 7: Incorporating Indicators in Stop Placement
Lesson 8: Why Traders Cut Their Winners Too Quickly
Lesson 9: How to Lock in Profits with Trailing Stops


Chapter 15: The Psychology of Trading Currencies

Lesson 1: The Solution to Why Traders Lose Money
Lesson 2: Why Traders Hold Losing Positions
Lesson 3: Two Mistakes That Will Destroy Your Trading Account
Lesson 4: Crowd Psychology: Following the Sheep to Slaughter


Chapter 16: Position Sizing in Forex Explained

Lesson 1: Position Sizing Separates the Winners
Lesson 2: The Problem With Fixed Position Sizes
Lesson 3: Martingale and Anti-Martingale Approaches
Lesson 4: PCT Risk Sizing Method
Lesson 5: PCT Volatility Position Sizing Method


Chapter 17: The Basics of Forex Fundamental Analysis

Lesson 1: Intro to Fundamentals and the US Economy
Lesson 2: Components of the US Economy, Part 1
Lesson 3: Components of the US Economy, Part 2
Lesson 4: Fiscal Policy and The Business Cycle
Lesson 5: Why Interest Rates Move Markets, Part 1
Lesson 6: Why Interest Rates Move Markets, Part 2
Lesson 7: An Introduction to the Federal Reserve
Lesson 8: How the Federal Reserve Moves Interest Rates
Lesson 9: When the Federal Reserve Moves Interest Rates
Lesson 10: How the Fed Signals Policy Changes Beforehand


Chapter 18: Economic News Releases that Move the Currencies

Lesson 1: What Gross Domestic Product (GDP) Means to Traders
Lesson 2: Trading the News - The Components of GDP
Lesson 3: Trading the News: Non Farm Payrolls - NFP
Lesson 4: Trading the News: Retail Sales
Lesson 5: How to Interpret the ISM Manufacturing Index
Lesson 6: How to Interpret the Producer Price Index (PPI)
Lesson 7: How to Interpret the Consumer Price Index
Lesson 8: How to Interpret the Existing Home Sales Number
Lesson 9: How to Interpret the Consumer Confidence Index
Lesson 10: How to Interpret the Index of Leading Economic Indicators


Chapter 19: Final Thoughts on Forex Trading

Lesson 1: An Introduction to Day Trading
Lesson 2: An Introduction to Swing Trading
Lesson 3: An Introduction to Position Trading
Lesson 4: 10 Components of a Trading Journal
Lesson 5: 7 Things Your Trading Journal Should Tell You
Lesson 6: The 20 Components of a Successful Trading Plan



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