The Ultimate Guide to Forex Trading

The most comprehensive & practical guide for forex trading, compiled from thousands of books, websites, courses, and interviews with professional traders & investors. (New content will be updated/added on a weekly basis – subscribe to our mailing list!)

1. Start with the End in Mind (Building Your Long-Term Portfolio)

4a. Forex Technical Analysis (Classical Techniques)

  • Concepts of Trend
  • Chart Patterns
    • What are Chart Patterns & How are they Useful in Trading?
    • Types of Patterns:
      • Continuation Patterns
      • Reversal Patterns
      • Less Common Patterns
    • Trendlines
      • What are Trendlines & How are they Useful in Trading?
      • How to Draw Trendlines
      • How to Use Trendlines – Direction, Steepness
      • The Fan Principle & How this can Help You Study Trends
    • Price Channels
      • What Are Channels & How Are They Useful in Trading?
      • How to Draw Channels
      • How to Use Channels
    • Support & Resistance Levels
      • What Are Support & Resistance Levels & How Are They Useful in Trading?
      • How to Draw Support & Resistance Levels
      • How to Use Support & Resistance Levels
      • Price Retracement Levels As Support Levels?

4b. Forex Technical Analysis (Price Action & Volume)

  • Price Action Analysis
    • What is Price Action Analysis and How Does it Work?
    • Basics of Price Action Analysis – Individual Bars & Clusters
    • Top 3 Reasons why Price Action is Chosen by Professional Traders
    • What is the Difference Between Price Action & Candlestick Patterns?
    • How to Read Price Charts in 15 Seconds
  • Candlestick Patterns
    • Basics of Candlesticks
    • Types of Patterns
      • Reversal Patterns
      • Continuation Patterns
      • Signs of Uncertainty
    • Filtered Candle Patterns
    • Blended Candle Patterns
  • Bar Chart Patterns
    • Basics of Bar Charts
    • Types of Patterns
      • Reversal Patterns
      • Continuation Patterns
      • Signs of Uncertainty
  • Gap Analysis
    • What Are Price Gaps and Why Are They Important?
    • 4 Types of Price Gaps
    • How to Trade Using Price Gaps?
  • Volume Anlaysis

4c. Forex Technical Analysis (Indicators)

  • Overview of Indicators – 3 Main Types
  • (a) Trend indicators
    • Moving averages
    • MACD (Moving Average Convergence Divergence)
    • Price Channels & Bollinger Bands
    • Donchian Channels
    • ADX (Average Directional Index)
  • (b) Oscillators
    • RSI (Relative Strength Index)
    • Stochastics (K%D)
    • Momentum
    • ROC (Rate of Change)
    • CCI (Commodity Channel Index)
  • (c) Breadth indicators
  • Practical Application:
    • Combining Indicators – How Many to Use and How to Combine Them Effectively?
    • Is It Possible to Trade Without Indicators?

4d. Forex Technical Analysis (Other Popular Techniques)

  • Dow Theory
  • Elliot Wave Theory
  • Fibonacci Analysis
  • Market Profile
  • Point & Figure (P&F) Charting
  • Gann Theory
  • Harmonic Patterns
  • Pivot Points (Intraday Trading)
  • Ichimoku Kinko Hyo (Cloud Charting)
  • RS (Relative Strength) Analysis

6. Trading Style & Strategies

7. Trade Execution, Positioning-sizing & Risk Management

11. Tools & Resources (Books, Brokerage, Software, etc)