Forex Trading 101

Synopsis

You will learn the mechanics of FX trading with the MT4 trading platform. Learn the currency pair’s characteristics and movement. What is the best time to trade each different currency pair.

At the end of the workshop, participants will get to put their acquired knowledge into use with real-time FX trading with a demo account. Participants can choose to install MT4 on their laptop or an MT4 app on their mobile phone to participate in this practical real time trading demonstration.

Outline

Part 1 Forex Basic

  1. Why do you want to trade Forex?
  2. Forex terminology, currency pairs to trade and the best time to trade?
  3. Learn UTRADE MT4 platform.

Part 2 Chart Knowledge

  1. Learn chart for determine currency pair movement.
  2. Learn the Stochastic indicator to determine direction of currency pair.

Part 3 Real Time Demonstration on FX Trading

Speaker's Profile

Nicholas Tan is our Associate Director of FX and CFD with close to 30 years of experience in the financial markets. Prior to joining UOB Kay Hian in 2002, he had worked for 13 years as a FX Trader with various banks in Singapore.

He is the author of 2 popular books, "Handbook for Forex Trading" and "Handbook for CFD Trading" which are available in local bookstores. He has made guest appearances on TV program like Money Mind to discuss about Forex Trading. Since 2007, he has given numerous talks and seminars, in the area of technical analysis, locally and overseas for Technical Analysts Society of Singapore and other societies and organizations.

Besides holding a Bachelor Degree in Business Administration from the National University of Singapore, Nicholas also holds a Chartered Market Technician (CMT) designation from the Market Technician Association of USA. He is also a Certified Financial Technician (CFTe) with the International Federation of Technical Analysts (IFTA) and has an Advanced Certificate in Training and Assessment.