Applying Macro Fundamentals - School of Pipsology
This module synthesizes everything covered in the first three modules into a structured process for building a top-down fundamental trade thesis on any currency pair.
This module synthesizes everything covered in the first three modules into a structured process for building a top-down fundamental trade thesis on any currency pair.
Price action is how experienced traders cut through the noise and read what a chart is actually saying. In this module, you'll build a complete analytical framework from the ground up: market structure, supply and demand zones, entry setups, confluence, and multi-timeframe analysis. These are the tools that work on forex, stocks, crypto, and everything in between.
Interest rates and economic data explain a lot. They don't explain everything. This module covers the forces that operate above them: the danger premium investors demand to hold a riskier country's currency, the geopolitical events that can override your entire fundamental thesis in minutes, and the central banks that step directly into the market when they decide the price is wrong.
This module covers how to read, interpret, and act on economic data releases, with a focus on which data points carry the most weight, how to assess results relative to expectations, and how currency prices typically react when major data is released.
Market narratives are the shared stories that shape how traders interpret data, which ultimately drives price action. Learn how those narratives work and build a practical framework for identifying, tracking, and trading with them.
Understand the concept of liquidity that drives financial markets. Discover the same indicators institutional traders monitor daily that reveal when to be aggressive or defensive with your trades.
Explore everything you need to know about retail prop trading firms, including how they operate, key risks, and what traders should consider before trying.
Have you closed out a trade, only to see price keep going in your favor? Heikin Ashi is a different kind of Japanese candlestick chart that rearranges how price is displayed so traders know whether to continue to ride the trend or get out.
A beginner's guide on how margin trading works in the forex market.
Making mistakes is part of the learning process when it comes to trading. Here are the most common mistakes that beginner traders make.
Want to know some reasons why traders love the forex market? Read on to find out what makes it so attractive!
Learn about chart indicators, important chart patterns and pivot points.
This module teaches you how to build a market sentiment analysis toolkit and a structured framework for using it before you place any trade.
Learn how to read the market environment by identifying whether conditions are trending or range-bound, and how to spot the difference between a retracement and a full reversal. You'll also learn about some technical indicators that will help you match your strategy to current conditions and protect your capital when the market shifts.
Learn about forex brokers, three ways to analyze the forex market and different types of price charts.
Most traders blame their strategy when results don't improve. The real problem is almost always execution, and execution is invisible without a journal. This module shows you exactly how to build one that makes you better.
Thank you, Mr. Steve Nison, for "discovering" the art of candlesticks!
Currency prices don't move in isolation. When oil surges, certain currencies follow. When bond yields diverge, exchange rates adjust. When investors pile into stocks, safe-haven currencies weaken. Intermarket analysis connects the dots between the world's major asset classes so you can see what's driving a currency move, not just that it happened."
Price action can make cool pictures on your chart...and they actually give a clue to market behavior too!
Now, it's time to learn HOW to rake in the moolah!
Dig deeper into more technical analysis concepts like price action trading, trading breakouts, and using multiple time frames on your charts.
If you still think that ABCD and Gartley and the Animals are parts of a nursery rhyme, then you need a lesson on Harmonic Price Patterns!
Thinking of trading in a trending environment? Try using moving averages!
You're finally done with the School of Pipsology. But the truth is, you've barely scratched the surface. There are a lot more things to learn!
Most traders watch the charts. The ones who understand WHY currencies move watch the economies behind them. This module teaches you macro fundamentals, the study of growth, inflation, central banks, monetary policy, fiscal policy, and how they all drive currency price action.
As awesome as the world of trading is, we can't deny the fact that there are a lot of trading scams out there, so read through this section carefully!
Learn forex trading with training and education at Babypips.com's School of Pipsology.
Now that you know about the basic Japanese candlestick patterns, why not take it to the next level and learn about the Fibonacci retracement tool?
Have you ever heard of a charting technique that actually takes into account market psychology? If you haven't, it's time for you to get to know Mr. Ralph Neison Elliott.
Learn technical analysis such as support and resistance, Japanese candlesticks, Fibonacci, moving averages and popular chart indicators.
When you go in search of honey you must expect to be stung by bees.Kenneth Kaunda