Forex/Currency Market Trading Course
Program Objective
When it comes to dealing with Currency/ Forex Market, it can get really tough. Currency Markets being highly influenced by Global Factors & Economies, Trading Profitably can be complex. We are offering the most immaculately designed Currency Course that emphasizes on Simple & Profit Making Strategies. These strategies are the key to understand the classification between Commodity & Currency Markets.
We are owing to our special modules related to Hedging and Speculations. It is aptly supported by the discussions and case studies on regulatory framework that govern the Currency Markets. Once you pick pace with the management of Micro and Macro factors, we conduct live day trading classes where you can analyse the market and vouch for new trading opportunities.
Course Content-
- Knowledge of Currency Markets where basic terms will be defined. As well, our tutor will disclose the most widely used exchange pairs and explain Local and International Foreign Exchange Markets in detail.
- Guide you about Advanced Indicators: Bollinger Bands Indicators, Confluence Indicators, and Leading Indicators.
- Introduction to Forex Trading
- Forex Trading Concepts
- Long or Short? Order Types and Calculating Profits & Losses in Forex Trading Platforms(MT4 and MT5)
- What is Professional Forex Trading?
- What is Fundamental Analysis?
- Introduction to Forex Charting
- What Is A Forex Trading Strategy?
- Common Forex trading mistakes and traps
- What is Technical Analysis? What is Hedging?
- How to design a Forex Trading Plan
- The Psychology of Forex Trading
- Professional Price Action Forex Trading Strategies
- Future and Option in Forex Trading.
Factors Affecting Forex Prices:
Mostly economic factors affect forex prices in international markets. However, it also depend on which type of currency float you dealing.
Few government control their currency prices and fix them. Few government apply managed float, so they control volatility of their domestic currency. India manages INR volatility, it’s managed against dollar.
9 Factors Affecting Forex Market Trading-
The Political Landscape, Inflation Rate, Interest Rate, Government Debt., Terms Of Trade (Export Prices To Import Prices Ratio), Speculation, The Capital Market, Employment Data & Economic Planning.”
- Interest Rates: This one of the most important factor affecting currency movement.
- Export-Import: This affect demand and supply of currency in world market.
- Economic Factors: Unemployment, industrial production, GDP, natural resources and more.
- Political Conditions: Political stability, War, and policies also greatly affects currency prices.
- Commodities Prices: Gold, crude oil and other commodities deeply affect dollar.
- Market Making: International banks, hedge funds and big dealers also bring volatility to currency prices.
Course Objective-
Our courses teach you to be able to trade the currencies in return of others by using the available data on choosing currencies and countries you would get the true value for. You will learn how to analyze the market and choose the right currency pair with online workshops and tutorials .
You can learn to use the economy forecast to gain the right trading currency. Our educators helps you implement the strategies you make while performing a practical test. So, enroll now for our detailed Forex Trading Course so that you can learn how to minimize losses and get dramatic results.
Who will benefit from this course?
Students pursuing or completed 10 th , 12 th , graduation or higher studies, Housewives, Working Professionals, Aspiring/Existing Traders, Aspiring/Existing Investors, Job seekers, Entrepreneurs, Anybody having interest in the Currency Markets.
Eligibility Criteria-
A very basic understanding of how the Financial Markets Function.
Course Duration-
5-7 sessions of 1.5 hours each (Timings can be decided as per the trainee and trainer’s work schedule)
Course Fees-
₹15,000/- per student
Here are some of the benefits of our online training courses :
- Students can do the course from anywhere in India & Abroad.
- 1-1 user interface to clear doubts, pending queries without peer pressure
- 1-1 personal attention for better understanding of the subject
- Low cost & highly effective as no travelling expenses incurred
- Flexibility in timings throughout the day (6 days a week)
- After course guidance to ensure students on the right path
Currency Derivatives:
- You can trade currency derivatives on NSE in India. There are two types of exchange traded currency derivatives: Currency Futures and Currency Options.
- Currency Futures started in Aug’2008 and currency options in Oct’2010. iPlan Education was the first private Institute in India to start teaching currency options in Feb-2011.
- NSE introduced three cross currency derivatives EURUSD, GBPUSD and USDJPY in Feb’2018. So, you can now locally trade in cross currency derivatives on NSE.