Diploma in Professional Forex Trading

Diploma/Diploma Schedule

Online Fast Track Forex Workshop

Diploma Schedule

Module 2
Virtual Online Fast Track Workshop

Cost of Module 2: USD$2,500
Duration: 7 Online Sessions (1.0-1.5 hours each)
Prerequisites:

  1. Completion of Module 1 – Foundation Online Forex Courses
  2. Personal Laptop Computer setup with a Mouse
  3. MetaStock Xenith subscription and installed
  4. Install all T4T Trade Tools onto your MT4

Experience Level: Beginners to Experts
Instructor: Brad Gilbert

Overview

The virtual online fast track workshop expands on the content from the online courses (Module 1).

Students will:

  • Learn how to analyze the live market, technically and fundamentally, using MetaStock Xenith and then execute their trade plans via MT4.
  • Learn the core mechanics of the financial markets and the inter-market relationship between the Forex, Equity, and Bond markets.
  • Learn how to read and interpret the Economic Fundamentals, Microeconomic versus Macroeconomic, and their implications for price action and overall trends and most importantly for generating ‘high probability’ trading opportunities.
  • Learn the professional methods for identifying currency pair direction and interpreting price action.

The virtual online workshop is where the knowledge of the Technicals and Economic Fundamentals merge together to provide the student with the foundations for their daily trade routine. Students will learn how to assess the trading opportunity and categorize it as either low risk, medium risk, or high-risk trading opportunity. Once they have these details their individual trade plans will take over and control their capital management and exit levels.

By the time the workshop concludes students will have complete confidence and control over their trading activities, they will understand all aspects of the market: mechanics, analysis, capital management, and trade execution and be fully prepared for a long-term trading career.

Workshop Itinerary

Session 1: Understanding Global Economics & the Core Market Mechanics

Session 2: Market Analysis using MetaStock – Technical & Fundamental

Session 3: Trade Execution using the MT4 Platform & T4T Trade Execution Tools

Session 4: Preparing to Trade – Implementing the Daily Trade Routine

Session 5: Inter-Market Analysis – Bonds, Interest Rates, Forex, Equities

Session 6: Understanding & Trading the “Risk On- Risk Off” sentiment

Session 7: How to Improve your Performance, Build Capital & Get Funded

Workshop Content

Session 1 – Understanding Global Economics & the Core Market Mechanics

  • The Role of the Central Banks
  • Understanding Economic Fundamentals: Micro versus Macro data
  • Currency Pair direction: What is the market ‘raw nerve’?
  • Where does volatility come from? The Liquidity Pool & How it Varies
  • Liquidity Pool & Macro-Economic Data Releases
  • Understanding Market Terminology
    • What Does Sell a Rally or Buy a Dip Mean?
    • What is a Short or Long Squeeze?
    • What is Gapping & Slippage?
  • Understanding & Trading the Economic Data

 Session 2 – Market Analysis using MetaStock (Financial Technology, Data & Expertise)

  • Complete Overview & Navigation: News, Data, Charts
  • Setting up Workspace Templates, Charts & News
  • Technical Analysis: Short, Medium and Long Term
    • What Constitutes a Trendline?
    • Understanding Price Action around Trendlines
    • When is a Trend a Trend?
    • Utilizing Stochastics
  • Market Analysis: Core Market Drivers & Market Conditions
  • Fundamental Analysis: Macro-Economic Data & Central Banks
    • Hierarchy of the Macro-Economic Fundamentals
    • Central Bank Structure, Sentiment & Operations
    • Discombobulating impact of Geopolitical events
  • Specific Major Currency Templates & Crosses
  • Understanding Natural Currency Correlations
    • Majors with Majors
    • Majors with Crosses
  • Identifying Risk On – Risk Off trading environment

 Session 3 – Trade Execution using the MT4 Platform

  • General Functionality, Execution & Order Types
  • Setting Up Chart templates
  • Understanding the Technical Strategy Toolbox and when to implement
    • The Break Trade
    • The Trend Trade
    • The Range Trade
    • The False Break Trade
    • The Break Retrace Trade
  • Setting Up & Operating T4T Trade Execution EA Software
  • Trading the Technicals: Trendline Trader
  • Trading the Macro-Economic Data: T-Rex & Guerrilla Trader
  • Trading the Cloud: Ichimoku Trader

 Session 4 – Preparing to Trade – Implementing the Daily Trade Routine

  • Technicals Analysis
  • Entry and Exit Levels
  • Upcoming Macro-Economic Data: Scenario Analysis
  • Capital Management – Trade Plan
  • Strategy & Trade Execution

 Session 5: Inter-Market Analysis – Bonds, Interest Rates, Forex, Equities

  • Understanding how Bond Prices work
  • The direct relationship between interest rates & the Bond Market
  • Inter-market relationship: Interest Rates, Bonds, Equity and Forex
  • Implications of Central Bank Quantitative Easing on the various markets
  • Identifying the markets ‘Raw Nerve’

 Session 6: Understanding & Trading “Risk On – Risk Off” sentiment

  • Understanding what is meant by ‘Risk On – Risk Off’ sentiment
  • Geopolitical Issues – Impact can be random
  • When & Where the Safe-Haven trade comes into play
  • When the Safe-Haven trade turns: USD, JPY, CHF, XAU
  • Following the Equity & Bond Markets for currency pair direction
  • Identifying the markets ‘Raw Nerve’

 Session 7: How to Improve your Performance, Build Capital & Get Funded

  • Constantly analyze your trading statistics
  • Identify strengths and weaknesses
  • Managing the Emotional Rollercoaster – Trading Psychology
  • Understanding Your P/L Progression
  • Understand What You are Doing
  • Managing the Highs and Lows of your Trading Account
  • Precise Capital Management (Advanced)
    • Strategic Capital Allocation
    • Understanding the Rules & Drawdown Limits
    • Optimizing Profitable Weeks
  • Optimal Trade Selection – Identifying the markets ‘raw nerve’
    • Win/Loss Ratio
    • Combining the Technicals & Fundamentals
  • Understanding & Using the Daily Trade Routine
    • Planning Every Aspect of the Trade
    • Habitual Routine
  • Specific Goals – Profit Matrix

Upcoming Online Workshops

Live Streaming

Schedule: TBA
Zoom Meeting: Link provided after signing up
Requirements: Webcam
Language: English
Instructor: Brad Gilbert

Course Learning Outcomes

CLO 1: Market Knowledge
Students will have a complete understanding of the forex market and the underlying macroeconomic fundamentals that drive the financial markets.

CLO 2: Trade Idea Generation
Students will be able to propose effective trade ideas, through the application of rigorous market analysis and critical thinking.

CLO 3: Capital Management
Students will be able to harness, manage, and implement stringent capital management throughout their trading activities that not only protect their account against large drawdowns but also take advantage of optimum trade setups and trending markets.

CLO 4: Clinical Execution of the Trade Plan
Students will be aware of the importance of sticking to the daily trade routine, trade plan, and making sure trade execution is flawless.

Next Steps

The student will now be armed with all the knowledge and tools to trade professionally on their own. Students will trade with the Daily Trade Routine removing emotions completely from their trading, whilst automatically controlling their capital with their individual risk profile and trade plans.

Students will now be assigned to a team and start Module 3 – Team Training.