1. Introduction to Forex Trading
What is Forex?
The Forex market, or foreign exchange market, is the largest and most liquid financial market in the world. It
is where currencies are traded against one another.
Example: The impact of the EUR/USD pair moving from 1.1000 to 1.1010 represents a shift of 10 pips.
Forex Market Hours
The market operates 24 hours a day, five days a week, divided into four major trading sessions: Sydney,
Tokyo, London, New York.
Practical Example: Identify opportunities during overlap periods, such as the London and New York sessions.
Candlestick Anatomy
Understanding each part of a candlestick is crucial for price action trading. Components include open, close,
high, and low.
Practical Example: Analyze a series of candlestick patterns to forecast market direction.
Technical Indicators
Overview of commonly used technical indicators, like the TD Indicator.
Tip: Use indicators in conjunction with price action for better accuracy.
2. Understanding Market Analysis
Types of Market Analysis