If yes, here you will find over 70 comprehensive Forex training videos designed for the beginner to the intermediate, as well as over 30 additional training videos for the more advanced. Our Forex trading video collection is hands down the best you are going to find anywhere and it’s all FREE. These comprehensive videos are for people of all backgrounds to learn a life-long skill to help them pursue their financial dreams and goals.

Learn to trade on your terms, at your pace and on your schedule.
These training and educational videos are completely free to use and what you learn can be applied to trade Crypto Currencies as well as the other traditional markets.
It all starts with the basics in section (1) and you simply work your way up from there. As you gain a better understanding of the Forex market and how it works you are going to want to open a free demo account at a broker of your choosing and start placing trades on a demo account.
As you begin to master the demo account it would be a good idea to join our Forex trading group were we show you how to “earn while you learn” placing trades. Our trading group offers a hands on learning experience which includes Live Trading Sessions, DAILY trade Signals and an Interactive Trading community.
“Forex trading is a skill set that EVERYONE on the planet should learn how to do. It’s a recession proof skill set that ANYONE can learn. It really doesn’t matter what’s going on in the financial markets or what’s happening around the world YOU can make money in the Forex industry.”
Get started with the first video training series below for beginners.
If you need to start at a more advanced level simply choose from the video learning series on the sidebar menu. ====>>>>
How to setup MT4 (Forex)
Click here for the next video in the series: How do I navigate the charts
Common Forex Terms Every Beginner Should Know
Here you will find 14 of the more commonly used Forex terms in this video course. As you progress you will become familiar with them all.
1 Currency
A currency is money used as a medium of circulation, such as banknotes and coins. The United Nations currently recognize 180 currencies that are used in 195 countries across the world. Some examples of currencies are the US dollar, the Euro, the British pound and the Japanese yen, which all act as a store of value and which are traded on the global foreign exchange market (Forex).
Just like other assets, the forces of supply and demand determine the value of a currency relative to another currency. Increased supply of a currency sinks its value, while increased demand pushes its value up.
2 Currency pair
Even though currencies are traded on the Forex market, we’re not able to buy or sell single currencies. Each time we place a trade in the market, we have to trade on currency pairs. Currency pairs consist of two currencies – the first one is the base currency and the second one the counter-currency.
An example of a currency pair is the EUR/USD pair. When we buy the EUR/USD pair, we’re actually buying the euro and selling the US dollar. Similarly, when we sell the EUR/USD pair, we’re actually selling the euro and buying the US dollar.
3 Major pairs
In general, currency pairs can be grouped into major pairs, cross pair, and exotic pairs. Major pairs are currency pairs that include the US dollar as either the base currency or counter-currency and one of the other seven major currencies (EUR, CAD, GBP, CHF, JPY, AUD, NZD.)
If you’re just beginning with trading, you should focus on the major pairs since they usually offer very low transaction costs and enough liquidity to avoid high slippage.
4 Exchange rate
The exchange rate of a currency pair is what all traders follow. The exchange rate is often simply called the price, since it shows the price of the base currency expressed in terms of the counter-currency. For example, if the exchange rate of EUR/USD is 1.15, this means that one euro costs $1.15, or it takes $1.15 to buy one euro.
5 Bid/Ask price
At any given moment, each currency pair has two exchange rates or prices – the bid price and the ask price. What’s the difference between those two? The bid price is the price at which buyers are willing to buy, while the ask price is the price at which sellers are willing to sell.
Given its nature, the bid price is always lower than the ask price. Once those two prices meet, either when sellers lower their ask price to meet a buyer’s bid price or when buyers increase their rate they’re willing to pay for a currency and meet a seller’s ask price, a transaction occurs.
6 Spread
Each time you enter into a trade, you have the pay transaction costs for that trade. While most brokers don’t charge commissions and fees on placing trades nowadays, the bid/ask spread remains the main cost to Forex traders. When bulls buy at the ask price (the price at which sellers are willing to sell), their position is immediately in a loss that equals the bid/ask spread.
7 Pip
When Forex traders talk about profits or losses, they usually use the term “pips”. A pip is short from Percentage in Point and represents the smallest increment that an exchange rate can move up or down. Usually, one pip equals to the fourth decimal of most currency pairs.
For example, if EUR/USD is currently trading at 1.1558 and rises to 1.1562, that rise would equal to a change of 4 pips. However, some currency pairs have their pips located at the second decimal place, mostly yen-pairs. If USD/JPY currently trades at 110.25 and falls to 110.10, that fall would equal to a change of 15 pips.
8 Going long/short
You’ve probably heard about going long or short in a currency pair. Going long simply means to buy, while going short means to sell. In equity markets, most traders are long in anticipation of rising prices. However, in derivative markets, such as options and futures, there is always an equal number of longs and shorts in the market, because each new contract that is bought needs a corresponding seller who needs to go short, and vice-versa.
9 Support
Support and resistance are one of the most important concepts in technical analysis. Technical traders analyse only price-moves as they believe that the price reflects are available fundamental information, and support and resistance trading plays an important role in that analysis.
The markets are made of crowds of people that speculate, hedge, trade, invest or gamble in the markets. Since people have memory, they remember certain price-levels where the price had difficulties to break below in the past.
They place their buy orders around those levels, as they believe that the price will again fail to break below. This is how support levels are formed. In other words, a support level is a previous low at which the price has a large chance to retrace and move up.
10 Resistance
Just like support levels, resistance levels are also a crucial tool in a technical trader’s toolbox. While support levels are based on previous lows, resistance levels track previous highs at which the price had difficulties to break above.
Traders remember those levels and place their sell orders around them, as they believe that those levels will again provide selling pressure and move the price down. Since fresh memory is more important than old memory, recent support and resistance levels usually have a higher importance than old support and resistance levels.
11 Leverage
The Forex market is open around the clock and offers traders to profit not only on rising prices, but also on falling ones. However, there is another reason why a large number of traders feel attracted to the Forex market – leverage.
Trading on leverage allows traders to open a much larger position size than their initial trading account size would otherwise allow, and the Forex market is known for extremely high leverage ratios offered by retail brokers.
A 100:1 leverage allows a trader to open a position that is a hundred time larger than their initial deposit. If you deposit only $1,000, you’re allowed to open a position size equal to $100,000!
However, bear in mind that trading on extremely high leverage is very risky, as it boosts not only your profits, but also your losses. Beginners should consider trading on a lower leverage until they gain enough experience and screen time. This will reduce losses and make sure that you stay in the game in the long run.
12 Margin
When trading on leverage, your broker will allocate a portion of your trading account size as the collateral for the leveraged trade. This collateral is called “margin” and its size depends on the leverage ratio that you’re trading on. A leverage ratio of 100:1 asks for a margin that equals 1% of your position size.
For example
If you open a $100.000 position size using a 100:1 leverage, your margin will equal $1,000, which is 1% of the position size. Similarly, if you open a position size of $40.000 with a leverage ratio of 100:1 and a trading account size of $1.000, your broker will allocate a margin the size of $400.
What’s important when trading on leverage is to always keep an eye on your free margin. Your free margin equals your total equity (account size + any unrealized profits/losses), minus your used margin. If your free margin drops to zero, you’ll receive a margin call and all your open trades will be closed at the current market rate.
13 Lot size
The position size you take on the market determines the size of your profits and losses in dollar value by affecting the value of a single pip. In the Forex market, one standard lot (standard position size) equals to 100.000 units of the base currency. For example, if you take one standard lot in the EUR/USD pair, you’re actually trading 100,000 euros with a pip-value equal to $10.
Fortunately, traders with smaller account sizes can take smaller trades with mini-lots (10.000 units of the base currency) and micro-lots (1.000 units of the base currency.) Some brokers even allow you to trade on nano-lots (100 units of the base currency.) In any case, calculate your lot size in dependence of the size of your stop-loss so that you remain inside your risk-management boundaries.
14 Stop-Loss Order
A stop-loss order is an order placed with a broker to buy or sell a security when it reaches a certain price. Stop-loss orders are designed to limit an investor’s loss on a position in a security and are different from stop-limit orders. When a stock falls below the stop price the order becomes a market order and it executes at the next available price. For example, a trader may buy a stock and places a stop-loss order 10% below the purchase price. Should the stock drop, the stop-loss order would be activated, and the stock would be sold as a market order.
Although most investors associate a stop-loss order with a long position, it can also protect a short position, in which case the security gets bought if it trades above a defined price.