Forex Training Online – Ultimate Fundamental Analysis

Course Prerequisite

  1. Forex Demo Broker Account (See below if you do not already have one)
  2. Passport or Identity Document and Proof of address not older than 90 days (You will need these documents for verification purposes)
  3. Your full attention
  4. Practice, practice practice!!!

 

Forex Broker Demo Account

In order to be able to practice the exercises in this course, you will need to open a demo account. A demo account is a practice account where you are able to trade live using fake money and not your own money.

Once you are comfortable with a demo account, you can then deposit real money and apply what you learned while using a demo account.

 

Here are the steps to follow when opening a demo account:

 

Click on this link (Non-US learners):

Recommended broker.

 

For the United States learners, please follow this guide for a demo account:

Recommended US broker

 

Non-US learners, follow the below guide.

 

Click on the “Open Account” button at the top of the screen.

FXTM broker

 

Fill in your details

  • First name(s) – As per your Identity document
  • Last Name – As per your Identity Document
  • Country of residence – Should be chosen automatically if you are not using any proxy or VPN
  • Mobile phone – Enter the correct number as this will be verified
  • E-mail - Enter the correct e-mail address as this will also be verified
  • Password – Choose a strong password with Letters, Numbers and Symbols (This will be your broker password on ForexTime.com)

Click on “Send Pin” – A PIN will be sent to your cellphone and E-mail address. You may use any of the two PINs for verification.

Enter the pin, accept the marketing consent and then click on “Register Now”.

On the next page, enter all the necessary details to the best of your ability, Accept the agreements and click “Submit”

FXTM Broker

On the next page, select as follows:

  • Account type – FXTM Standard
  • Account currency – Any that you prefer
  • Account leverage – 1:2000
  • Trading Account Password – Enter a strong password twice (This is different from your ForexTime portal login account that you set earlier. It will be your password to your MetaTrader account, more on this later)

Click “Open Account”

 

Next: Click on “Download platform”

FXTM Broker

 

Select the “Metatrader 4 Trading Terminal for PC” or “Metatrader 4 Trading Terminal for MAC” depending on your Operating system. Download and install the application.

Go to your Desktop, you will see a ForexTime (FXTM) MT4 icon (Windows). Double click the icon and login. To find your login details, go to the e-mail that says “Congratulations! Your new trading account is now open”. Metatrader login (at the bottom of the e-mail) and use the Trading Account Password that you entered above.

Should you need to install one for your phone, hover your mouse over the QR code, scan the QR code with your phone to download the platform.

Go to your e-mail account that you used for registration. Open the e-mail that says “action required with regard to your verification” – see below!

Click “upload”

FXTM broker

Upload your Identity document as per the e-mail and your proof of address.

 

Open a Demo account

Click on “My Accounts” on the left-hand side, then select “Open New Account”

FXTM broker

Select Demo Account.

Account type – FXTM Standard

Choose currency

Account Leverage 1:2000

Complete the passwords fields

Initial balance – any amount, I suggest 20000 USD

Click “Open Account”

FXTM broker

Your Metatrader Login details will be displayed

Download the Platform just as you did above and login using the details given.

You are now ready to continue with the course content.

The Basics

Introduction to fundamental trading

This video is an introduction to forex trading course.

Understanding The MT4 Platform

Introduction to the MT4 platform in forex trading.

Tips On Choosing The Right Broker

Choosing the right broker is by far one of the most important decision during forex trading. Here is a link to FXChoice broker:

Click here

What Is Forex Trading?

Learn about what forex trading really is.

How Do Forex Traders Make Money?

Learn how forex traders make money.

Forex Market Hours

Learn how the different forex market hours will impact your trading.

The Different Type Of Orders

Learn about the different types of orders during a forex trade.

What Is The Spread?

Learn what the spread is and how to utilize it during a forex trade.

The Basics-Japanese Candlesticks

Japanese Candlesticks

Learn about the interesting Japanese candlesticks.

Candlestick Patterns

Learn about the candlesticks patterns in forex trading.

Engulfing Candles

Learn about engulfing candles.

Trading Japanese Candlesticks

Learn how to trade the Japanese candlesticks. 

The Basics – Trend Lines

Trend line

Learn about the trend line.

Drawing Trend Lines

Learn how to draw trend lines.

The 3 Types Of Trend Lines

Learn about the three types of trend lines.

Trend Line Breaks

Learn about trend line breaks.

Introduction To fundamental analysis

Introduction To Fundamental Analysis

Learn about the mechanics behind fundamental trading.

Major Economic Indicators

Learn the major economic indicators used in forex trading.

Tools For Economic Stability

Learn the tools for economic stability that are essential in forex trading.

Focus on The Central Banks

Let us move our focus to the central banking institutes. 

Pay Attention To The News

Learn to make the news your friend.

 Fundamental Correlation

Trading Fundamental Analysis

Learn how to trade fundamental analysis.

Fundamental Correlation PPI

Learn about fundamental correlation PPI.

Fundamental Correlation Retail Sales

Learn about the fundamental correlation retail sales.

Fundamental Correlation PMI

Learn about the fundamental correlation PMI.

Fundamental Correlation Non-farm Payrolls

Learn about the fundamental correlation non-farm payrolls.

Risk Appetite

What is your risk appetite in forex trading?

Five Major US Fundamentals

The Five Major US Fundamentals

What the five most important US fundamentals.

Gross Domestic Product

Learn about the Gross Domestic Product (GDP).

Non Farm Payrolls

Learn about the non-farm payrolls.

Balance Of Trade

Learn about the balance of trade in forex trading. 

Treasury International Survey

Learn about the Treasury International Survey.

Philly Fed Index

Learn about the Philly Fed Index in forex trading.

Interest Rates

Learn about the effect of interest rates on your forex trading strategy.

Central Banks

Getting To Know The Central Banks

Learn as much as you can about the Central Banks.

Getting To Know The Central Banks - Part 2

Central banks make major economic decisions and will affect your forex trading strategy.

Monetary Policy Measures

Learn about monetary policy measures taken by the central bank.

Forex Fundamentals- Understanding- JPY, CAD. CHF, AUD& NZD

Forex Correlation How to maximize profits

How to maximize profits in forex trading using forex correlation.

Forex Correlation PT2 JPY,CHF,AUD&NZD

Forex correlation continued.

 Fundamental Analysis- Profiting From Oil

Understanding Oil

Learn about the effect of oil on forex trading.

Why Have Oil Prices Fallen?

Learn the causes of an oil price fall.

Why Have Oil Prices Fallen - Part 2

Oil prices fallen, continued.

 Trading Fundamental Analysis

Steps To Trading Fundamental Analysis

Here are the steps to fundamental trading.

Steps To Trading Fundamental Analysis Part 2

Forex fundamental trading part 2.

Knowing The News

Make the news your buddy.

Fundamental Trade 1

Fundamental forex trading 1.

Fundamental Trade 2

Fundamental forex trading 2

Fundamental Trade 3

Fundamental trade 3.

Fundamental Trade 4

Fundamental trading 4

Fundamental Trade 5

Fundamental trading 5

The Carry Trade - How To Identify Risk Appetite and Risk Aversion In The Market

Risk appetite.

US Syria Trade using Market Sentiment

Fundamental forex trading example.

Are you ready to trade on a real account?

 

NON-US LEARNERS

 

Go to forextime.com and login into your account.

Click “My Accounts” and then “Accounts overview”

 

FXTM

Under My Demo Accounts, click on the down arrow and select “Delete Account”. We would like to delete the Demo account so that we do not confuse it with our real accounts.

 

FXTM

Under My Trading Accounts, click on the Deposit button (Minimum 100 USD).

FXTM

Choose your deposit method and follow the instructions.

 

Remember to deposit using your Credit card or Debit card (e.g. A cheque/current account) select the Credit/Debit Cards option depending on whether your card is VISA or Mastercard.

Once the money deposited reflects on your account, you may trade real money the same way you have been trading with a demo account.

UNITED STATES LEARNERS

Log into the PaxForex Account that you created above.

Go to "My Account Summary"

Under "Trading Accounts", not Demo, click on the Account (e.g. Standard, Mini) that you opened earlier. 

Learn Fundamental Analysis – Best Forex Training Online 2020 1

Click on Deposit Funds.

Choose your payment method and follow the instructions. 

You are now ready to trade on a live account and make money.