Course Content
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

The Forex market is the largest financial market in the world, with daily trading volumes exceeding $7 trillion. But who exactly makes up this massive market? From central banks and financial institutions to retail traders like you, every participant plays a role in moving prices. In this lesson, you’ll discover the key players in Forex and understand why their activities matter.

Unlike a stock exchange that has a central marketplace, the Forex market is decentralized. This means trading happens through a global network of participants. Let’s break them down:

  1. Central Banks 🏦

    • Control monetary policy and interest rates.
    • Example: The U.S. Federal Reserve, European Central Bank (ECB).
    • Their decisions (like raising or cutting rates) strongly influence currency values.
  2. Commercial Banks 💳

    • Facilitate Forex transactions for clients.
    • Handle massive daily flows of money for businesses, governments, and institutions.
  3. Hedge Funds and Investment Firms 📈

    • Trade large amounts for profit or hedging.
    • Their speculation adds liquidity but can also increase volatility.
  4. Multinational Corporations (MNCs) 🌍

    • Engage in Forex to pay suppliers, convert earnings, or hedge against currency risks.
    • Example: Apple converting USD into Chinese Yuan to pay manufacturers.
  5. Brokers 🔌

    • Provide platforms for retail traders to access the Forex market.
    • Act as a bridge between you and the interbank market.
  6. Retail Traders 👨‍💻

    • Everyday individuals like you who speculate on price movements.
    • Growing rapidly thanks to technology and online brokers.

👉 Together, these participants keep the Forex market liquid, dynamic, and always moving.