Category: Forex Videos

Macroeconomy is a broad subject, thus in this session we tackle those aspects that have or are expected to have a considerable impact of financial markets, specially on the Forex one. This video will explain you what market equilibrium and the efficient market hypothesis are; we also cover behavioral economics, asymmetric information and some bits on Game Theory

We discuss the business cycle, productive sectors and their forces, the impact of central banks and politicial developments, brexit, etc.

As complex as financial markets actually are, they still bind to conventional forces known as supply and demand. Although such forces cannot fully account for what moves those price you trade, they are cornerstone to external drivers that cause disruptions, such as speculation, manipulation, greed and fear (sentiment), etc.

We go deeper into the interaction of the supply and demand forces, how they determine price under “perfect markets conditions”, resources allocation, etc.

Assessing the performance of economic sector of an economy and trading on such research is where fundamental trading really comes to life. Most industrial well-developed economies rely heavily on manufacturing production. Study of MPNI services data provides traders with a good indication to this performance. If we believe an economy to be particularly sensitive to changes in manufacturing sentiment, then these monthly figures provide unique trading opportunities for us to speculate. Learn about this and much more in this session!

Using sector analysis to profit in the financial markets is all about defining a current level of exposure. Each and every economy is exposed one way or another to government policy change, scarcity, currency devaluation, etc. The sectors widely represented are airlines, telecoms, chemicals, materials, electronics, computer software, defence, supermarkets, media, oil and gas, personal products and much more. We put into context everything learned so far in this session by analysing a real case study: Switzerland

Another delivery on Fundamental Analysis. In this session you will learn everything regarding capital and trade flow from a macroeconomic perspective; which will allow you to digest key economic data such as trade balance, public and private debt, capital imbalances and deficit, GDP, etc., like a professional trader!

In the second part of this session we cover the dynamics of international capital flows, i.e., investment, reallocation, etc.; as well as its connection to economic sectors and markets such as commodities!

Economic data is so important that most traders erroneously regard it as equivalent to fundamentals (analysis). In this session, you will be introduced to its limited impact; as well as to some commonly known types (i.e., price, employement, consumption, growth, business sector).

We move on to the analysis of other types of economic releases such as manufacturing, industrial & Services output (i.e., PMI), durable goods, confidence, credit, retail sales, etc. We also elaborate further on the limited impact of economic data, and the conditioning variables that play a role in the analysis!

In the first of six videos exclusively dedicated to technical analysis, we cover the assumptions upon which this methodology is built; and explain you how these assumptions are related to price action.

Here we elaborate further into the relation between technical analysis and price action through a series of real case studies. This session will show you the degree of predictability of financial markets; while proving you that you can also make a solid trading career!

We start by exposing the prospects and limitation of the technical analysis methodology, as well as common tools-related errors that you should avoid. We then move on to the essential factors you must consider when developing your own technical analysis method. You will also learn about objectivized tools to assess a critical feature of price action: momentum!

We dedicate the second part of this session to convergences and divergences, price exhaustion, oscillation, and fibonacci; all of which is covered through a rather empirical approach!

In the final session on our Technical Analysis saga we enter into the advanced territories of confluence, position neglection and validation, reaction to favorable and adverse incoming scenarios, etc. You will also learn how to develop alternative setups within the context of a price cycle.

We finish this series on Technical Analysis by explaining you the 6 tenets of Dow Theory which you definately should incorporate into your own trading method. In addition, this video will provide you with solid foundations on Elliot Wave Theory. At this stage, you can regard yourself as a price action expert, and an efficient chartist!

We cover important components of fundamental analysis that most traders seem to ignore such as “carry trade”. You will also learn about the fundamental specificities of countries and economic areas behind the current strenght or weakness of the respective currencies; which will give you an panoramic edge when assessing the impact of economic data releases!

In the second part of this session on Advanced fundamentals we focus on the US Dollar, the Federal Reserve, interest rate differential and expectations; before highlighting some foundational aspects of oil and commodity currency trading. Additionally, you will learn about the dynamic role played by some currencies as risk proxies. At this stage, you should be able to understand econmic data like a real professional trader!

You are now ready to incorporate one of the most useful tools available into your own trading method: market (price) correlation! In this session we explain what correlation is; its connection to technicals and fundamentals; the different types of correlations that exist; their pros and cons; as well as the relation between the forex and bond markets.

You will learn about the correlation between the forex and equity markets, and all about “statistical inference”. We finish this session by putting correlation into context as to how it can help you develop profit opportunities!

In this session we make a final incursion into the risk management landscape; this time from an advanced viewstand. We approach risk as for how it should be accounted in your own trading methodology; thus we explain you about risk profile, risk premia v. risk aversion, etc.

You will learn what practical risk aversion is while considering both your own trading preferences, and market selection. We then move forward to the tools that will help you mitigate risk; before covering the asymmetric realities to risk. At this stage you can regard yourself as a professional risk analyst!

In this session we approach portfolio diversification from a much broader perspective, well beyond its conventional use as a risk management tool. We also elaborate deeper into the rationale for portfolio selection, including timing in our analysis. In order words, we make a real case for diversification!

In the second part of this session you will learn about the dynamic relavance of portfolio diversification depending on the time horizon; as well as to how to add this valuable tool into your own trading plan while accounting for your own risk orientation!

In this and the next sessions we lay down the foundations of what you, as any other professional trade must do: build your own trading methodology that reflects a diversity of tools and techniques but that also, and most importantly, account for your own preferences regarding risk, time, capital, targets, experience, emotions, etc. You will also learn about the importance of consistency , discipline, mind balance and efficiency!

You will learn the three pillars you should NEVER forget when developing and executing your own trading methodology: think in pips and not in money; always consider percentages, specially when you risk to book a loss; and scale for the short and long-run!

In the second delivery on methodology builder we tackle the ongoing myths behind backtesting! In the first part of this session we cover the famous Van K. Tharp Approach, including mathematical expectations and performance forecast; as well as mean and standard deviation of distribution.

In this video we explain you the method of system evaluation, the “profitability rules”, and the objectives of both position sizing and risk calibration. By the end of this session you will be in a much better position to decide upon the resources you are willing to apply for back testing your trading methodology efficiently!

In the last session of the Forex Academy´s Professional Trading Course, we review some of the most popular trading styles. In the first part we cover day trading, scalping and swing trading.

In the last delivery of our PTC, you will learn about trending v ranging trading, position investment, and trading with technical indicators. Congratulations, if you have carefully watched all Forex Academy´s educational saga, from the Trading Course for Beginners to the Professional Trading Course, all you will need is to put everything learned into practice, gain experience and restrain your emotions to become a truly professional trader and market analyst!