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So, what exactly is Forex Coffee Break?
Forex Coffee Break is a 6 step online education program that shows you, step-by-step, how to make money in the largest market in the world, the currency market AKA forex. You will start watching the fun yet informative videos during your coffee breaks, to achieve the following goals:
1- Get introduced to the foreign exchange market
By the end of this section, you will know what the forex market is all about, identify the risks involved in this type of investing, learn about different international currency pairs that you can trade to make money, calculate your profit and loss in pips, and get introduced to the basics of different types of market analysis.
2- Go deep in technical analysis
Starting from the very basics, learn all about the charted markets and how to analyze the different patterns that are formed in any market including the forex market, to help you identify trends and speculate future market movements to place an educated order. By the end of this section, you will know the differences between various charts, how to identify trends, support and resistance, how to identify different chart patterns including all important continuation and reversal patterns, how to use candlesticks in your analysis and last but not least, how to backup your technical analysis with most commonly used technical indicators.
3- Learn all about the economic forces that move the markets
Never listened to financial news in your life? have no idea how to spell the word “economy” off the top of your head?
no problem. The Fundamental Beans in the forex coffee break, breaks down all you need to know about the economic news that move the market that you need to know, using the most -easy-to-relate-to analogies including the similarities of the financial market to American pop culture, Angelina Jolie, and Brad Pitt. Love the Kardashians? we have included them in our analogies as well.
4- Sentiment Analysis
Sentiment in the market is yet another force that can help us make an educated trading decision. In this section you will learn how to gauge the sentiment, and how to use one of the most famous sentiment indicators, the Elliott Wave theory, in detail.
5- How to manage your money
It is all about making money after all. And you won’t be able to know how to make money, without knowing how to manage your money.
How much money should you invest in forex? How to manage your risk? How to save money on your day-to-day spending habits? You will find the answer to all this in this section.
6- Things to know before you start trading
Once you’ve completed all the steps above, it will be time for you to join the market.
But wait, how should you choose the reliable broker to host your trades? What are the final steps before placing the golden market order? These will be answered in the Overall Beans of your Forex Coffee Break.
Preview the Forex Coffee Break education course.