Babypips

School of Pipsology

Welcome! Are you new to trading forex? The School of Pipsology is our online course that helps beginners learn how to trade forex. If you've always wanted to learn to trade but have no idea where to begin, then this course is for you.

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Course 1 of 11

Preschool

Currency trading? Forex trading? FX trading? Totally clueless about forex? Here's an introduction to the foreign exchange market.

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Course Outline

  1. What is Forex?
  2. How Do You Trade Forex?
  3. When Can You Trade Forex?
  4. Who Trades Forex?
  5. Why Trade Forex?
  6. Margin Trading 101: Understand How Your Margin Account Works
Course 2 of 11

Kindergarten

Learn the basics on how to choose a forex broker and analyze the currency markets.

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Course Outline

  1. Forex Brokers 101
  2. Three Types of Analysis
  3. Types of Charts
Course 3 of 11

Elementary

The beginner's guide to technical analysis.

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Course Outline

  1. Grade 1 Support and Resistance Levels
  2. Grade 2 Japanese Candlesticks
  3. Grade 3 Fibonacci
  4. Grade 4 Moving Averages
  5. Grade 5 Popular Chart Indicators
Course 4 of 11

Middle School

Learn how to properly use chart indicators, spot chart patterns and use pivot points.

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Course Outline

  1. Grade 6 Oscillators and Momentum Indicators
  2. Grade 7 Important Chart Patterns
  3. Grade 8 Pivot Points
Course 5 of 11

Summer School

Take your technical analysis and chart reading skills to another level by learning Heikin Ashi, Elliott Wave Theory and harmonic price patterns.

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Course Outline

  1. Heikin Ashi
  2. Elliott Wave Theory
  3. Harmonic Price Patterns
  4. Trading Divergences
Premium Course 6 of 11

High School

Dig deeper into more technical analysis concepts like price action trading, trading breakouts, and using multiple time frames on your charts.

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Course Outline

  1. Grade 9 Price Action Trading New
  2. Grade 10 Trading Breakouts and Fakeouts New
  3. Grade 11 Market Environment New
  4. Grade 12 Multiple Time Frame Analysis New
Premium Course 7 of 11

Undergraduate - Freshman

Most retail traders only read charts. The ones who understand WHY currencies move study the macro fundamentals behind them. Learn how economic data, central bank decisions, and geopolitical events drive price action, how markets react to the news, and how to trade around it all.

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Course Outline

  1. Fundamental Analysis: A Macro Fundamentals Approach New
  2. Economic Data and Market Reactions New
  3. Country Risk, Geopolitics, and Market Interventions New
  4. Applying Macro Fundamentals New
  5. Currency Crosses New
  6. Carry Trade New
  7. Understanding and Trading the News New
  8. Sentiment Analysis New
Premium Course 8 of 11

Undergraduate - Sophomore

No market moves alone. That's why institutional traders watch everything: gold, oil, bonds, equities, and global liquidity. Each one moves currencies in ways most traders never see. This is where you learn to see the full picture.

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Course Outline

  1. The U.S. Dollar Index New
  2. Intermarket Analysis New
  3. Using Equities to Trade FX New
  4. Country Profiles New
  5. Beginner's Guide to Global Liquidity New
  6. Narrative Analysis New
Premium Course 9 of 11

Undergraduate - Junior

Build a realistic foundation for trading before risking real money by creating a personalized trading plan, choosing a trading style that fits your life and temperament, and developing a rule-based system you can test and follow. You’ll also build a trading journal, review performance data, understand risk and discipline, and use personality quizzes to identify the markets, styles, and habits that support long-term growth.

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Course Outline

  1. Developing Your Own Trading Plan New
  2. Which Type of Trader Are You? New
  3. Build Your Own Trading System New
  4. Keeping a Trading Journal New
  5. Personality Quizzes New
Premium Course 10 of 11

Undergraduate - Senior

Protect your account before you chase profits by mastering the risk rules that keep losses survivable, from drawdown math and position sizing to leverage, stop losses, scaling, and portfolio exposure. You’ll build a practical risk management framework for every trade, understand how correlations can quietly stack your risk, and learn how to trade with enough discipline to stay in the game long term.

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Course Outline

  1. Risk Management New
  2. Trading With Leverage Without Blowing Up New
  3. Position Sizing for Account Survival New
  4. Managing Risk With Proper Stop Loss Placement New
  5. Scaling In and Out of Trades New
  6. Currency Correlations New
Premium Course 11 of 11

Graduation

Some final words of wisdom before you venture out into the challenging world of trading.

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Course Outline

  1. Prop Trading Firms 101 New
  2. Forex Trading Scams New
  3. The Most Common Trading Mistakes New Traders Make New
  4. Graduation Speech New

Experience is what you get when you don't get what you want.Dan Stanford

*Based on client assets per the 2025 monthly Retail Forex Obligation reports published by the CFTC.

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