Course Content
Module 1: Forex Essentials and Market Mechanics
This module introduces you to the core principles of forex trading. You’ll learn what the forex market is, what currencies are traded, how currency pairs work, and the difference between buying and selling in forex. We also cover the main types of forex orders and when to use them. By the end of this module, you’ll understand the basic mechanics of the forex market and be ready to place your first trade with confidence.
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What is Forex Trading?
Test Your Forex Basics
00:04:00
How Forex Trading Works
How Well Do You Understand How Forex Works?
00:04:00
What’s Traded in Forex?
What Is Traded on Forex?
00:04:00
How to Trade on Forex?
Do You Know How to Trade on Forex?
00:04:00
When to Buy or Sell a Currency Pair?
Should You Buy or Sell? Let’s Test You!
00:04:00
Types of Forex Orders
Do You Understand Forex Orders?
00:04:00
Forex Trading Sessions
Test Your Knowledge of Forex Trading Sessions
00:04:00
Forex Market Participants
Who’s Who in the Forex Market?
00:04:00
Forex Broker Basics
What is a Forex Broker and Why Do You Need One?
00:04:00
Forex Trading Platforms (MT4, MT5, etc.)
Forex Trading Platforms (MT4, MT5)
00:04:00
Module 2: Technical Tools and Charting Fundamentals
Build your knowledge of technical analysis with a step-by-step introduction to the most important trading tools. You’ll explore the three main types of market analysis, learn how to read line, bar, and candlestick charts, and understand support and resistance levels. We’ll also introduce key forex indicators like moving averages, Bollinger Bands, RSI, and Fibonacci retracements, giving you a solid charting foundation to analyze any market.
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Types of Forex Market Analysis
Types of Forex Market Analysis
00:05:00
Technical analysis
📊 Do You Understand the Basics of Technical Analysis?
00:05:00
Fundamental Analysis
📊 Test Your Knowledge of Fundamental Analysis
00:05:00
Sentiment Analysis
Sentiment Analysis
00:04:00
Which Type of Analysis for Forex Trading is Best?
Understanding Forex Analysis Approaches
Chart Types (Line Charts, Bar Charts, and Candlesticks)
Understanding Forex Chart Types
00:05:00
Support and Resistance
Support and Resistance
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Trend Lines
Trend Lines
00:05:00
How to Trade Support and Resistance
Test your Knowledge on How to Trade Support and Resistance
00:04:00
Fibonacci Trading
Test Your Knowledge on Fibonacci Trading
00:04:00
Module 3: Patterns,Indicators and Trade Setups
Take your technical analysis skills further by learning how to identify chart patterns such as head and shoulders, wedges, and triangles. We’ll compare leading vs. lagging indicators and explain how pivot points can help pinpoint entry and exit levels. This module will give you the skills to recognize high-probability trade setups and execute trades with more accuracy.
Forex Beginners Course: Learn Forex Trading Basics Step by Step

Charts are the backbone and among the most crucial tools in forex trading. They provide a visual representation of price movements over time, making it easier for traders to identify patterns, trends, and trading opportunities.
There are three main types of forex charts: Line Charts, Bar Charts, and Candlestick Charts.

Each has its strengths and weaknesses, and knowing how to read them is essential for your trading journey.

In the following lessons, we’ll break down each chart type in detail.

Lesson 6.1: Line Chart

Line chart

A line chart is the simplest type of chart used in the foreign exchange (forex) market.

  • It connects closing prices over a selected time frame with a continuous line.
  • It helps traders quickly see the general direction of a currency pair.
  • Helpful in identifying trends, but it lacks detailed information about highs, lows, and price fluctuations within a period.

Example: A line chart of EUR/USD may show a steady upward trend, but it won’t reveal how volatile the market was within each time period.

Lesson 6.2: Bar Chart

Bar chart

A bar chart provides more detail than a line chart.

  • Each bar shows the opening, high, low, and closing prices (OHLC) for each time period.
  • The vertical line represents the trading range (high to low).
  • A horizontal dash on the left shows the opening price, and one on the right shows the closing price.
  • Traders use bar charts to see volatility and intraday price action.

Key Point: The top of the vertical line represents the highest price, while the bottom represents the lowest. Small horizontal dashes indicate opening (left) and closing (right) prices.

Lesson 6.3: Candlestick Chart

Candlestick chart

Candlestick charts are the most popular among forex traders.

  • Each candlestick shows the opening, closing, high, and low prices for a given period.
  • The “body” represents the open-to-close range, while the “wicks” (or shadows) show the highs and lows.
  • Bullish candles (price up) are usually green or white, while bearish candles (price down) are red or black.
  • They provide the same information as bar charts but are visually easier to interpret.

Example: A long green candlestick suggests strong buying pressure.

Which Chart is Best?

  • Line Chart: Best for a quick overview.
  • Bar Chart: Best for more detail and shows OHLC.
  • Candlestick Chart: Best for pattern recognition, analysis, and trading signals.

👉 Most Forex traders rely heavily on candlestick charts.

Understanding these three chart types is key to interpreting price movements and developing your own trading strategy.

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