Course Content
Forex Beginners Level 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.
Forex Trading course for Beginners (Free)
    About Lesson

    Chart Patterns
    •Double Top and Double Bottom
    •Head and Shoulders and Inverse Head and Shoulders
    •Rising and Falling Wedges
    •Bullish and Bearish Rectangles
    •Bearish and Bullish Pennants
    •Triangles (Symmetrical, Ascending, and Descending)

    Double Top
    A double top is a reversal pattern that is formed after there is an extended move up. The “tops” are peaks which are formed when the price hits a certain level that can’t be broken. After hitting this level, the price will bounce off it slightly, but then return back to test the level again. If the price bounces off of that level again, then you have a DOUBLE top!

    The double bottom is also a trend reversal formation, but this time we are looking to go long instead of short.
    These formations occur after extended downtrends when two valleys or “bottoms” have been formed. Remember, just like double tops, double bottoms are also trend reversal formations.

    You’ll want to look for these after a strong downtrend.