This is basic education for starters in Forex Education. We take you through all the steps you need to take to become a profitable Forex trader. Please start from the most basic knowledge and grow slowly. Learning Forex takes time and effort. 90% of traders never make it to profitability. You can increase your chances by learning as most trading strategies and trading tools as possible. All the best. 

Foundational Level

What is Online Forex Trading?

What is forex trading? What is traded in the Forex Market? Learn the essentials of forex trading from the beginning so that you can understand what you are doing.

Fores trading in Uganda
How Currencies are Paired

Currencies are often traded in pairs. For example, EUR/USD, EUR/JPY, USD/CAD, etc. The first currency is called base currency while the second one is called the quote currency. Learn more!

Buying and Selling; going short and going long in Forex Trading
When to Buy and when to Sell Currencies

In this lesson, you will learn when to buy and when to sell a currency pair. Generally, you sell a pair if the base currency is stronger and vice versa!

The best time to trade forex in East Africa
The best time to trade forex in East Africa
Forex Market Participants

Learn all the players involved in the forex market. In this lesson, you’ll learn that as a beginner your trade is insignificant. Just follow the market trend because you are not a price maker!

Advantages of forex trading

There should be a reason you chose to try forex. You might be asking yourself, why should I? Well, here are are a few reasons why you should trade forex. You wouldn’t mind an extra income!

Key Terms Used in Forex Trading

Before trading, there are key terms you should understand. Pips, margin, leverage, stop loss, take profit, and equity are just but a few.

This lesson takes you through the characteristics of a Forex broker. It enables you understand who a forex broker is, and how forex brokers operate.

Forex Trading wallpaper
Choosing a forex broker

To minimize risks, there are various to consider when choosing a forex broker: fees, credibility, ease of transaction, regulation, customer service, trading platform, etc. All will be dealt with in this lesson.

Forex Trading in Kenya
Common Mistakes Forex Traders Make

As a trader, you need to learn how to control your emotions and manage your trades effectively. This lesson identifies the common mistakes that can ruin your trading business.

Intermediate Level

This is the beginning of technical analysis. This is where you will learn how to analyze prices and determine whether you should buy or sell.

During Forex trading analysis, you will be required to use charts to examine price movements. These charts will help you analyze the market.

Lesson 13: Support and Resistance

In this lesson, you will learn what support and resistance are. You will also learn about trend lines, which are also other terms related to support and resistance. 

Lesson 14: Trading Forex Using Support and Resistance

In this lesson you will learn how to use support and resistance to trade forex. There are two ways to trade support and resistance: bounce and break. Sell when prices break support or bounce off resistance. Buy when the price breaks resistance or bounces of support. Enjoy the Lesson!

Lesson 15: Japanese Candlesticks

This lesson explains what a Japanese candlestick is. It also describes all the components of a candlestick and what they mean in forex trading.

Lesson 16: Japanese Candlestick Patterns

On your forex platform, you can see charts with long tails and short bodies, others with big bodies and no tails.. This lesson explains different types of candlestick patterns. 

Lesson 17: Single Candlestick Patterns

This lesson is about candlesticks that are formed by single candlesticks. It explains what each type of candlestick means and how it can be used in forex trading analysis.

Lesson 18: Dual Candlestick Pattern

This lesson explains what it means for candlesticks to occur in pairs. It helps forex traders identify different dual candlestick patterns and what each one of them means in forex trading.

Lesson 19: Triple Candlestick Patterns

Here we learn about the triple candlesticks – those that occur in threes. The lesson explains what these candlestick patterns mean and you can use them in forex trading.

Lesson 20: Fibonacci

We dig deeper into technical analysis. Fibonacci is our first of many trading analysis tool. Here we explain what Fibonacci is and how it is.

Lesson 21: How to Use the Fibonacci

This lesson explains how to generate and use the Fibonacci in Forex trading analysis. It makes the technical quite simple to use.

Lesson 22: Moving Average

In this lesson we introduce you to yet another tool of analysis in forex trading – the moving average. Learn what this is.

Lesson 23: Types of Moving Average

Here you will learn about the two types of moving average in forex trading – Simple Moving Average (SMA) and Exponential Moving Average (EMA).

Lesson 24: How to Use the Moving Average

Let’s put the moving average into good use. Here we help you make good decisions when using the moving average.

Lesson 25: Bollinger Bands

Add the Bollinger bands to your trading toolbox. You need as many tools as possible, and this one is another crucial tool

Lesson 26: Keltner Channels

Keltner Channels sre also important points of reference when analyzing forex. Learn how to use them in this comprehensive lesson.

Lesson 27: MACD Indicator

In this lesson we’re going to learn about the MACD Indicator, an important tool in forex trading. Used alongside other indicators, MACD can earn you massive profits in forex trading.

Lesson 28: The Parabolic SAR

Don’t take chances. Add more indicators to your trading toolbox. The parabolic SAR works magic. Try it today, but first learn how to use it by reading through our comprehensive lesson.

Lesson 29: Stochastic Indicator

This lesson explains yet another indicator – the stochastic indicator. This indicator shows overbought and oversold conditions in the market so that you can decide whether the market is reversing and execute your trade. Welcome on board and feel the ease, ignore the heat. 

Lesson 30: Relative Strength Index

The Relative Strength Index (RSI) measures the relative strength of one currency against another. Read this lesson to know how to use the RSI.

Lesson 31: Williams Percent Range (Williams %R)

This lesson explains another indicator that shows oversold and overbought conditions in the market, Williams %R.

Lesson 32: Average Directional Index (ADX)

This indicator shows whether the trend is strong or weak. Read through to understand how you can use the ADX to your advantage.

Lesson 33: Ichimoku Kinko Hyo

We continue learning about technical analysis tools in Forex. Here we deal with Ichimoku.

Lesson 34: Combining Bollinger Bands With Stochastic Indicators

It is quite rewarding to combine at least two indicators in forex analysis to get the best results. In this lesson we combine Bolinger bands with stochastic indicators.

Advanced Level

Lesson 35: Chart Patterns and Formations

In this lesson you will learn how to trade forex by identifying chart patterns and formations.

Lesson 36: Double Top and Double Bottom

Sometimes Forex charts form M & W shaped patterns, forming double tops and double bottoms respectively. In this lesson you will learn how to use these patterns.

Lesson 37: Head and Shoulders Patterns

This lesson explains the head and shoulders chart patterns in forex trading. This is a nice formation that helps a trader to confirm reversals in forex trading technical analysis.

Lesson 38: Wedge Chart Patterns

We continue learning about charts patterns and formations in Forex Trading. Here we deal with the wedge pattern. Don’t freak, it’s pretty simple if you’re willing & ready to learn.