$615.97

Currency Analysis Foundation

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Date and Time

Location

Location

Online Trading Academy

#03-09 Aperia Mall Singapore

Singapore 339511

+6584255808

Singapore

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Refund Policy

Refund Policy

Refunds up to 7 days before event

Event description

Description

Course Overview

Currency Analysis Foundation Course teaches you Online Trading Academy’s unique and award winning market timing strategy and basic application to the Foreign exchange market. This Core Strategy allows you to identify key market turning points, and major market moves in advance using a powerful, yet simple rule-based strategy. Trading is a serious competition between two sides where there is always a winner and a loser. To be successful in trading you must have an “edge”. This course introduces you to that edge, through dynamic skill‐building lessons and hands on live‐market trading sessions. What you will learn in this class you will not find anywhere else or read it in any industry trading books.

Why Trade the Foreign Exchange Markets

  • Relevance – Forex is a market that is relevant for global business operations and personal travel or consumption
  • Liquidity – Strong liquidity allows for immediate execution with minimal slippage
  • Price Trend – Forex is a fantastic trending market that provides many income and wealth trading opportunities
  • Market Information – An abundance of economic information is available on major currencies
  • Flexibility – Forex markets are open anytime of the day or night in all time zones of the world and can be a part time or full time occupation
  • Risk – Ability to trade very small position size while learning to gain real trading experience

Audience

This course is designed for students of all experience levels who are serious about becoming a professional trader or wanting to understand the Foreign Exchange markets in relation to their business operations or personal consumption.

Prerequisites

No trading experience is required or prior knowledge of the Foreign Exchange market.

Format

  • Each day’s agenda contains 2‐3 powerful and fully interactive lectures led by a professional trader combined with 1‐2 live trading and analysis sessions focusing on market analysis and trade execution.
  • Maximum 22 person capacity providing individual attention from your instructor
  • Each student is provided a classroom computer where they learn in a hands‐on environment for optimal learning
  • Students are provided demonstration trading accounts where they trade with live data.

Course Objectives

On completion of the course, learners will be able to:

  • Understand basic trading concepts and terminology
  • Learn the importance of economics reports and the flow of trading
  • Become familiar with trading platforms and trade order execution mechanisms
  • Understand how to identify market turning points and the rationale behind the turn
  • Know how to approach risk management through position sizing and trade management techniques
  • Be introduced to the Foreign Exchange Markets and how to trade them using a simple rule based strategy
  • Experience practical application of the strategy in live markets using demonstration accounts
  • Leave the course with an actionable trading plan

Course Lesson Plan

Day 1

No

Module

Module Description

Duration

1

Introduction&Trading Foundation

The zero sum game – Trading is a transfer of money from those who DON’T know to those who DO. Unlock the truth of how markets really work. You will learn how to identify two specific groups of traders and recognize what these traders look like on a price chart.

60 min

2

Basic Concepts and Terminology

There are standard industry terms and there are specific Online Trading Academy terms that you will be using throughout your education with Online Trading Academy. You will gain a clear understanding on key concepts including the three components of S.E.T.ing a trade, understanding the two primary account types and how to treat trading as a business.

60 min

3

Understanding The Flow of Trading

Gain a clear understanding of how information and money flow in trading. You will learn the role of specific people and entities including, Brokers, Exchanges, Market Makers and more. You will also learn about the various products associated with trading including stocks, futures, commodities, currencies, ETFs and more as well as the importance of direct access trading platforms.

60 min

4

Charts, The Window Into the Market

The Power of Price ‐ Any and all influences on price are reflected in price and displayed on Price Charts. What does this look like? Candlesticks and charts are critical components in your ability to unlock the markets. You will receive a solid foundation on how to navigate and manipulate charts, time frames and recognize Online Trading Academy specific price action patterns.

30 min

5

Core Strategy Foundation

Everything in day one leads up to this portion of the course which is where you are introduced to Online Trading Academy’s core strategy which is the basis for the rest of the course. You will learn the approach to identifying market turning points, identifying where the institutions and banks are buying and selling and how to recognize what opportunity looks like on a price chart.

30 min

6

Trading Styles

Overview of the two primary styles of trading, Intraday and Longer Term and explore criteria of each style including; Time frames, Definition, Advantages and Challenges. You will use the Trading Style Decision Matrix and Attribute Scorecard to determining your trading style.

30 min


7

Trade Management

Proper trade management focuses on having a plan before you enter a trade. How you manage a trade will affect the dynamic between winning percentage and profitability. This section will provide you with two present trade management plans that you can build upon.

30 min

8

Foreign Exchange Essentials

Become proficient in using Forex-related terms and learn how the Forex markets are structured. You will be taught key Forex concepts and about currency pairs.

90 min

9

News and Economic Reports

Learn the importance of external news and economic reports and how to manage and leverage their impact on your trading related to the Forex market. Take inventory of the key market reports and when they occur. Tour the Trader’s Dashboard and locates and review economic reports.

60 min

10

Live Trades

Using classroom student computer to access live data while trading demonstration account

30 min

Day 2

No

Module

Module Description

Duration

1

Core Strategy Setups and Zones (The WHERE)

The introduction of the Core Strategy Buy Setup and Sell Setup and the focused action to take when each specific setup is identified. Setups are documented using zones which establish the foundation for simple rule based strategy. You will learn the 3 steps Zone‐ing method for drawing the proximal and distal lines that form the zone. Zones are the building blocks for accurately identify market turning points.

120 min

2

Core Strategy Trends (The WHEN)

Exploring the two attributes of a Trend; Direction (up, down, sideways) and Momentum (weak, strong, very strong) and how these are used to determine when to buy and when to sell. We will explore the 4 stages of a trend and learn trend‐analysis basics using three different approaches; Price Action, Moving Averages, and Trend Lines, to help our strategic decision making for entering and existing trades.

60 min

3

Core Strategy Entry Types and Proper Exit

The three components of a trade are contained in the simple acronym S.E.T. Stop, Entry, Target. Our core strategy contains three entry types; Limit, Zone and Confirmation Entry. We will gain a solid understanding of these entries as well as two important ways to exit a trade with Stops and Targets. Maximizing profit‐taking requires both entries and exits working together.

30 min

4

Odds Enhancers

Odds Enhancers are Online Trading Academy’s proprietary scoring system for objectively measuring the quality of trading opportunities, Three powerful Odds Enhancers are covered and truly provide you with the strategic advantage “the edge” over the trading competition.

60 min

5

Order Types

Learn the purpose of 4 different Order Types and the pros and cons for each order type. Order types include: Market Order, Limit Order, Stop Market Order, Stop Limit Order

30 min

6

Risk Management and Position Sizing

There are 5 outcomes when trading. You will gain a clear understanding of each and to eliminate 1 for the best chance of becoming a successful trader. You will explore the 5 reasons why traders “blowup” their accounts and how to minimize or completely eliminate these traits from your trading. You will learn how to objectively “size” your positions, as well as gain an understanding of what both risk and reward look like on a price chart.

60 min

7

Multiple Time Frame Analysis

Multiple Time Frame analysis is key to identifying high probability, low risk, and high reward trading opportunities. No matter what style of trader you are, you will utilize three specific chart time frames with purpose and focus.

30 min

8

Putting It All Together

All of the detail covered in this outline for the first three days of this class will be put together in a simple, organized, strategic step by step action plan that allows us to trade with a simple, yet powerful rule‐based strategy!

60 min

9

Live Trades

Using classroom student computer to access live data while trading demonstration account

60 min

Part 2 Day 1

No

Module

Module Description

Duration

1

Live Trading and Analysis

Part 2 of this course begins the internship portion of your training. During this portion of the class you will be using a classroom student computer to access live data while trading a demonstration account to focus on trading execution skills in a very structured lab session where you will analyze the market for trading opportunities, plan your trades and then trade that plan.

180 min

2

Live Trading Skill Test

Trading is more than knowledge. It is an acquired skill. This test provides the instructor with a return demonstration confirming that his/her students comprehended and concepts and executed the skills they have been taught throughout the course.

90 min

3

Recording and Analyzing Results

Anything measured can be managed which can be improved upon. This is very true for trading. You will be held accountable to have both a trading plan and a trading log. You will learn how to log your trades, review them, learn from them and make adjustments for improved results.

60 min

4

Ten Laws of Trading

The Ten Laws of Trading are absolutes that should be a part of every trader’s trading plan. These dos and don’ts keep Online Trading Academy students focused on the right things. This gives them the foundation for becoming a well‐rounded, disciplined professional trader.

30 min

5

Ten Survival Skills

These 10 survival skills go hand in hand with the 10 Laws of trading and should also be represented in your trading plan and serve as a reminder and a focus point in order to survive and maintain a long and prosperous career in market speculation

30 min

This is a 3 days class. Current promo 599 for 2 pax. Promo expire 30/06/2018

After promo 599 per pax.

Email : singapore@tradingacademy.com / contact 84255808



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Date and Time

Location

Online Trading Academy

#03-09 Aperia Mall Singapore

Singapore 339511

+6584255808

Singapore

View Map

Refund Policy

Refunds up to 7 days before event

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