Let’s go over the lessons and see what’s in store in the basic and advanced classes of the course.
Advanced:
Session #1: Trading Into Space
In this opening session of the Advanced class, Bob teaches you what trading into space mean.
Session #2: Stop Discovery
Knowing the best price to place your stops is key to your success. This session shows you how to use the market condition you’re trading in to discover the best stop levels.
Session #3: Trendline Theory Vs. Trendline Trading
Trends is the most common technical analysis pattern. This session shows how to use trends to your advantage.
Session #4: Double Tops and Double Bottoms
These are two well known formations in the market. Bob shows a unique way to take advantage of this formations to trade better.
Session #5: Wedges
Wedges occur when the market moves in a tight price range. It’s often a sign of an upcoming breakout which can be used, if identified properly, to place high probability trades.
Session #6: The rest
Here Bob covers the rest of the common technical analysis formations and price patterns and shows which of them is effective and which isn’t.
Session #7: Ignoring the “Noise”
There’s no doubt that traders who want to expand their Forex knowledge have a problem of information overload in today’s information saturated digital age. Bob shows how to filter out the useless info and use only the valuable.
Session #8: Trader Psychology
Many traders know enough to success but fail due to bad decision making and their emotional weakness. Here Bob tackles this crucial issue and helps you improve your trading psychology.
Basic:
Session #1: What is Forex
This is an introduction lesson for novice traders which covers the Forex market in general terms.
Session #2: Basic Forex terms
Every field has its own language and Forex is no different. Learn about the basic terms of Forex and how to work with them.
Session #3: Types of account and picking a broker
Here Bob explains the different account types a trader can choose (Micro, Mini, Standard) and how to choose the right broker for you
Session #4: MetaTrader 4 Charting Software
MT4 is the most popular (and free) charting and trading software in the world. Here Bob shows how to use this software to trade better.
Session #5: Types of Orders
There are many kinds of orders in Forex, from Take profit to Stop Loss. You need to know how to use them all together. This session covers that exactly.
Session #6: Order Entry
In this session Bob teaches his way of entering trades using MT4. You will learn how to control your risk using Bob’s position sizing method.
Session #7: Candlestick Charts
This session covers Candlestick charting and how to use it to trade more efficiently and more accurately.
Session #8: Money Management
Money management is a key factor in your trading success. Not knowing money management may lead to crippling losses. This session deals exactly with this important factor.
In Conclusion
Bob’s Forex Classroom is a course which can improve your trading skills. I particularly like the fact that it’s an interactive course in which you can ask questions and get answers in real time. I believe this is an excellent benefit.
Bob Iaccino is an expert with massive knowledge. I believe that this course can be valuable for traders of all levels.
Click Here To Join Bob’s Online Forex Classroom .