120 academy provides a comprehensive Forex education, covering all aspects of Forex trading, including technical analysis, fundamental analysis, risk management, and trading psychology. As a 120dreamer, you will have access to a wealth of knowledge that can help you become a successful Forex trader.
What forex skills will you acquire?
the fundamentals of forex trading, including how the market works, common terminology, and basic trading strategies.
how to use technical analysis tools such as charts, graphs, and indicators to analyze market data and make better trading decisions.
how to create a comprehensive trading plan that includes your trading goals, risk tolerance, and preferred trading strategies.
how to analyze market trends, identify trading opportunities, and make informed decisions about when to buy or sell currency pairs.
how to manage your risk in forex trading, including setting stop-loss orders and managing your trading capital effectively.
develop a disciplined and focused mindset that is essential for successful forex trading. You will learn how to manage your emotions, stay focused on your goals, and maintain a positive attitude even in the face of market volatility.
Take a look at the full program content:
- Understanding the forex market: how it works, who trades, and why
- Key terminology: currency pairs, pips, spreads, and more
- Basic forex trading strategies: how to buy, sell, and manage positions
- Trading psychology: developing a positive and disciplined mindset
- Charting basics: types of charts, timeframes, and analysis tools
- Identifying support and resistance levels
- Understanding trend lines and chart patterns
- Introduction to indicators: moving averages, MACD, and RSI
- Importance of risk management in forex trading
- Calculating position sizing based on account balance and risk tolerance
- Setting stop-loss orders and managing risk
- Introduction to trading strategies: swing trading, trend following, and day trading
- Developing a trading plan and putting it into action