Course Content
Module 1
What is forex?Forex is Foreign exchange.It is the opportunity to trade two currencies against each other. If you think one currency will be stronger versus the other, and you end up correct, then you can make a profit. If you’ve ever traveled to another country, you usually had to find a currency exchange booth at the airport, and then exchange the money you have in your wallet into the currency of the country you are visiting.The foreign exchange market, which is usually known as “forex” or “FX,” is the largest financial market in the world. The Forex market is a global, decentralized market where the world’s currencies change hands. Exchange rates change every second so the market is constantly moving. Most of the currency transactions that occur in the global foreign exchange market are bought (and sold) for speculative reasons. Currency traders (also known as currency speculators) buy currencies hoping that they will be able to sell them at a higher price in the future.
0/8
Forex Trading Basics Level 1 (Free)
    About Lesson

    Bollinger Bands

    Bollinger Bands, a technical indicator developed by John Bollinger, are used to measure a market’s volatility and identify “overbought” or “oversold” conditions. Basically, this little tool tells us whether the market is quiet or whether the market is LOUD! When the market is quiet, the bands contract, and when the market is LOUD, the bands expand. The upper and lower bands measure volatility, or the degree of the variation of prices over time. Because Bollinger Bands measures volatility, the bands adjust automatically to changing market conditions. That’s all there is to it.