Learn Basic Forex Trading with Babypips School of Pipsology
We found a rather complete Forex trading course called Babypips School of Pipsology. You might have heard of it before or you might not but regardless we feel this course is something you can invest your time in. If you have been searching for Forex courses on the internet, you probably have seen plenty of different offers out there. Some websites will active promote the next “Holy Grail” Forex Indicators while others might try to impress you with professionally produced sales videos that promises the sky. Well… if you like those offers, there is a good chance that you will end up disappointed with the results. At ForexStrategiesWork.com, we do our best to provide plenty of Free Advanced Forex Strategies including plenty of free indicators to help you in your journey.
Recently, we stumbled onto a large website that offers a pretty comprehensive trading course for FREE! Yep, it’s free and after looking through the course, we have to give it a thumbs up. It’s really that good and with the price tag that comes with it, we feel this might be one of the best value in the Forex world that you can find. If you are a beginner or new in Forex, then we strongly recommend that you learn the basic of Forex Trading with Babypips School of Pipsology. Click here to take a look at the course.
So let’s cover a little on what the Babypips School of Pipsology covers. And the lessons are comprehensive enough for any new trader to get themselves well versed with technical analysis world. And it’s also well organized (there’s plenty for us to learn from this course too!) Babypips.com has done a good job in breakdown the modules and they have made it relative to our experience in school by labelling what we have gone through in our schooling years by labelling the modules with terms that we are all familiar with. From Pre-School lessons to Kindergarten Lessons and all the way to High School and Undergraduate Lessons, this course brings back our schooling years. Nice work Babypips.com!
Preschool covers every you need to know about Forex Basics. The What is Forex, Why Trade Forex, Who Trade Forex, When to trade Forex and How to trade Forex are well covered in this introductory Babypips School lessons to get you warmed up for more goodies to come. Once you finished the Pre-School of Babypips School of Pipsology, you earn the right to move on to Kindergarten Level. Click here to start Pre-School lessons.
BabyPips School of Pipsology – Kindergarten Lessons
At the Kindergarten level, Babypips School of Pipsology start to cover the types of brokers available and how to select a broker that is reliable for you. Once you complete this section, things will start to become more interesting as your lessons move into the 3 different school of analysis – Fundamental Analysis, Technical Analysis, and Sentimental Analysis. And they are explained in easy English so that you won’t get lost in the mix. Next up before you graduate from Kindergarten, you have to complete the 3 different types of charts (Line chart, Bar chart, and Candlestick). Although you won’t learn the “how-to” yet here, you will surely have a good understanding of the types of analysis and charting available to you. And with this knowledge, you graduate to something bigger…Elementary School. By now, you might be losing patience and might be tempted to start skipping lessons to head on to more exciting stuff like placing orders…but don’t! These are all important lessons to build up a strong trading foundation. Click here to start Kindergarten Lessons.
BabyPips School of Pipsology – Elementary School Lessons
With Kindergarten behind you now, you move into what they classify as Elementary School and it gets interesting from here. Elementary school lessons are broken down to Grade 1 to Grade 5. Starting from Grade 1, you will learn what support resistance levels are all about before moving on to Grade 2 which will introduce basic Japanese Candlesticks to you. In Grade 3, you will learn a powerful trading method of Fibonacci. Although it’s basic Fibonacci, it serves to build your foundation in the world of Technical Analysis. Grade 4 and Grade 5 will be on Moving Averages and Bollinger Bands. All these are our favourite indicators and we love using them combined. BabyPips School of Pipsology has done a great job covering these indicators and in quite good detail too! We can safely say that most traders have not even graduated from Elementary School yet even though they might have been trading for several years. So do go through to have a good understanding and foundation building in these powerful indicators covered. Click here to start Elementary School Lessons.
BabyPips School of Pipsology – Middle School Lessons
After you completed Grade 6, you are now off to Middle School. And in Middle School, you continue to learn more about indicators and oscillators. You will now learn leading vs lagging indicators and know how to apply these indicators into your daily trading routine. We like Grade 7 plenty as BabyPips School covers the most common chart pattern. And these pattern occurs over and over again. When you know it, you know how to anticipate and that’s the real power in trading. Grade 8 includes Pivot Points. Although it’s very similar to Fibonacci, it’s always good to learn more. Afterall, life is a never ending journey of learning. If it’s covered, please go through it.
BabyPips School of Pipsology – Summer School Lessons
By the time you complete Grade 8, you really should already have a good and strong foundation of Forex and technical analysis. Summer School lessons cover something more exotic (well at least to us it is!) where you will learn about Elliot Wave Theory and Harmonic Price Patterns. Personally, we don’t use both these strategies often enough because we prefer simplicity in trading. But if it’s covered, go through it. We are always going to study more on Elliot Wave Theory and Harmonic Price Patterns through BabyPips School of Pipsology. Click here to start Summer School Lessons.
BabyPips School of Pipsology – High School Lessons
After the summer lessons, you now go into High School where you have Grade 9 to Grade 14. Things are looking really interesting now. Grade 9 covers our favorite approach to market which is on divergence trading. In Grade 10, you will learn to understand and identify market movements. This is important because trading environment will decide what kind of strategy we employ to trade. You will even learn about Trading Breakouts and Fakeouts in Grade 11 before moving on to learning about Fundamental Analysis. Like we said, this is one of the most comprehensive course we have seen out there with no price tag. You also have the opportunity to learn about Currency Crosses something we don’t do often enough. Before you graduate from High School, you will finally learn about entering into positions by analysing multiple time frames. This is one thing a lot of traders don’t do and we believe this is a powerful module that plenty of Forex courses miss out.
BabyPips School of Pipsology – Undergraduate and Beyond…
If you persevere and graduate from High School, you move into the Undergraduate School. Finish BabyPips School of Pipsology and you will have a solid trading foundation that you can build on. This Free course is really awesome and we highly recommend you taking this course regardless of your trading level (or profit). Always be on the journey to learn. The day we stop learning is the day we are dead. Enjoy the learning journey… We wish you well.
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