Forex Trading

Duration: 8 Weeks

Fee: 20,000 PKR /pm

The course is divided into 8 modules (one per week), with progressive difficulty. Each module includes:

• Key topics
• Learning objectives
• Suggested content (videos/readings, but you can adapt to your format)
• Practical tasks/homework
• Quiz/assessment ideas

Course Overview

Duration: 8 weeks (2 months) Level: Beginner → Intermediate → Advanced Format: Online (self-paced + optional live sessions) Prerequisites: None – basic computer skills recommended Objectives: Build solid foundations, master analysis & strategies, develop risk control, and prepare for live trading with discipline.

Week-by-Week Course Content

Week 1: Module 1 – Foundations of Forex Trading (Beginner)

• What is Forex? Market history, size, and participants (banks, institutions, retail traders)
• Forex market structure: Decentralized (OTC), 24/5 trading sessions (Sydney, Tokyo, London, New York)
• Major, minor, and exotic currency pairs
• Key terms: Pip, lot sizes (standard, mini, micro), leverage, margin, spread, bid/ask
• Long vs. short positions, order types (market, limit, stop, pending)
• Brokers: How to choose a regulated broker, demo vs. live accounts Practical: Open a demo account (MT4/MT5/TradingView), place 10 practice trades Homework: Calculate pip value for 5 pairs; journal basic terms

Week 2: Module 2 – Trading Platforms & Basic Chart Reading

• MetaTrader 4/5 setup, navigation, chart customization
• Chart types: Line, bar, candlestick
• Timeframes: M1 to MN (when to use each)
• Basic candlestick patterns: Doji, hammer, shooting star, engulfing
• Support & resistance basics
• Trend lines, channels, horizontal levels Practical: Draw 20 support/resistance zones on major pairs (EUR/USD, GBP/USD) Homework: Identify bullish/bearish candlesticks in recent charts

Week 3: Module 3 – Technical Analysis Fundamentals

• Japanese candlesticks deep dive (single & multi-candle patterns)
• Chart patterns: Triangles, flags, head & shoulders, double top/bottom
• Trend identification: Uptrend, downtrend, sideways (ranging)
• Moving averages (SMA, EMA – crossovers, support/resistance)
• Basic indicators: RSI (overbought/oversold), MACD (divergence basics) Practical: Backtest 10 simple MA crossover setups on demo Homework: Scan for chart patterns on 5 pairs

Week 4: Module 4 – Advanced Technical Analysis & Price Action

• Market structure: Higher highs/lows, breaks & retests
• Advanced candlestick + price action (pin bars, inside bars, fakey)
• Fibonacci retracement & extension (golden ratios, confluence)
• Support/resistance role reversal, supply/demand zones
• Multi-timeframe analysis (MTF)
• Volume (where applicable in forex) & volatility concepts Practical: Trade 15 price action setups on demo (focus on entries + stops) Homework: Create a confluence checklist (Fib + S/R + candle)

Week 5: Module 5 – Fundamental Analysis & News Trading

• Economic indicators: Interest rates, NFP, CPI, GDP, PMI, retail sales
• Central banks & monetary policy (Fed, ECB, BOJ, etc.)
• News events calendar & high-impact news
• Correlation: Forex with commodities (gold, oil), stocks, bonds
• Carry trade basics
• Sentiment analysis (COT report intro) Practical: Simulate trades around 3 news events (use economic calendar) Homework: Track how 5 news releases moved pairs

Week 6: Module 6 – Trading Strategies & Systems

• Trend following vs. counter-trend vs. range trading
• Scalping, day trading, swing trading (pros/cons/time commitment)
• Simple proven strategies:
  • MA crossover + RSI filter
  • Price action breakout
  • Fibonacci pullback in trend
  • News fade/continuation
• Strategy development: Rules, entry/exit, filters
• Backtesting & forward testing basics Practical: Build & test one personal strategy on demo (minimum 30 trades) Homework: Journal strategy performance

Week 7: Module 7 – Risk Management & Money Management (Critical)

• The 1–2% risk rule per trade
• Position sizing calculator (risk-based)
• Stop-loss & take-profit placement (ATR-based)
• Risk-reward ratio (minimum 1:2)
• Drawdown, account protection, scaling in/out
• Trading psychology: Emotions, discipline, revenge trading
• Trading journal & performance review Practical: Risk only 1% on next 20 demo trades; journal emotions Homework: Create a personal risk plan & psychology checklist

Week 8: Module 8 – Advanced Topics, Live Trading Prep & Psychology Mastery

• Multiple strategies combination & portfolio approach
• Advanced indicators: Bollinger Bands, Ichimoku Cloud, Stochastic divergence
• Algorithmic/EA intro (overview only – no coding)
• Prop trading firms & funded accounts basics
• Tax & record-keeping (country-specific note)
• Building a trading plan: Goals, routine, review process
• Transition to live: Small account start, scaling up
• Common mistakes & how to avoid blow-ups Practical: Final demo challenge – achieve consistent profitability over 4 weeks Homework: Write full personal trading plan; prepare for live trading