Tuesday 24 January 2012

Forex Course


One thing you have to bear in mind when looking for a good forex course is that they all have different objectives. Some trading courses will be designed solely to teach you the basics of forex trading, just to get you up and running, whilst others will aim to provide you with a profitable trading strategy, or teach you about some of the more advanced subjects.
I always believe that the best forex course will do all of these things. That is why I always recommend one forex trading course in particular to all of my readers and subscribers.
It's called Forex Nitty Gritty and it was created by Bill Poulos, who is a veteran in this industry, having traded the markets for over 30 years.
This course assumes that you have no prior knowledge of forex trading and starts right at the beginning. Through a series of online videos you will learn all the basics of currency trading.
So for example you will learn all about the different currency pairs and how the markets actually move. You will also learn how to actually enter and exit trades and how to use simple technical indicators to help you find winning positions.
You will also be taken through some of the more advanced subjects such as how you can use price patterns, fibonacci techniques and some of the more advanced technical indicators to trade the markets. In short you are basically given a complete education in forex trading.
As I alluded to earlier, what I like about this particular forex course is that not only do you learn all the basics, but you are also given a simple, but effective trading method that you can use to trade the markets.
I use this method quite a lot myself on the intraday time frames and it works very well because it gets you into a trade whenever a currency pair is trending strongly upwards or downwards, so the odds are always stacked in your favour.
It's not a foolproof strategy by any means, but you could say that about every trading strategy. What it is is a straight-forward system that you can use on a daily basis, and if nothing else it will teach you about risk management because of the way the system is set up. Plus it will certainly give you ideas and inspiration for creating your own winning systems in the future.
So overall I would definitely recommend this forex course to anyone who wants to learn all about forex trading and is looking for a simple trading strategy that they can use to trade the markets.
The best thing about Forex Nitty Gritty is the price because at the time of writing it is available for less than $40. This is no reflection on it's quality, however, because the information contained in the numerous online videos that you get is on a par with many forex courses that sell for several thousand dollars. It really is excellent value for money.
If you would like to find out more, simply click here. Otherwise you may like to read my fullForex Nitty Gritty review, where I discuss this forex course in a little more depth.

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