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You have reached ForexVote.com ‘online forex tutorial’. Here you will find a easy to follow introduction to online currency trading. The tutorial is organized by key topics and level of difficulty. The beginners in trading are advised to start with the introduction lessons while experienced traders can jump over the basics and move onto more difficult material which deals with strategy and skills. 

The goal of this tutorial is to provide a comprehensive yet quick introduction to forex trading. The understanding of forex basics will ultimately lead to more enjoyable and profitable trading experience. We strongly suggest that you go through all the lessons before trading for real money. Also, come back to see the updates – new chapters and lessons are added on a regular basis.

 

 

 

Most Read Tutorials

  • ROC Rate of Change Indicator
    Definition of ROC Let’s take a look at a technical indicator used in forex to find out the change in the current price and the price data in the last. Rate of change, or shortly ROC, is a momentum indicator is used as frequently as Relatively Strength Index and Stochastic oscillator. ROC is an...
  • Bollinger Bands™ Indicators
    Bollinger Bands™are very popular technical indicators among forex traders. The man responsible for the idea is John Bollinger – he created this technical trading tool in early 1980s. The primary idea of Bollinger Bands is to sell when price reaches the upper Bollinger band™and buy when it falls...
  • MACD Indicator
    There are 3 essential parameters that make MACD chart work: number of periods that shows faster moving average. number of periods that shows slower moving average. number of bars that shows the relationship (or a difference, in other words) between the faster and slower moving averages. How...
  • Parabolic SAR Indicator
    Parabolic SAR was developed by J Welles Wilder in 1976 and is a useful trend indicator in technical analysis. While most of indicators show us the beginning of a new trend, parabolic SAR points to the end of a trend.  Parabolic SAR stands for Parabolic Stop and Reverse and parabolic comes from the...
  • Stochastics Indicator
    Stochastics indicator was developed in late 1950s by George Lane. It is designed to hint us when the trend might end. If you take a look at Stochastics it will somewhat remind you of MACD. Stochastics are made of two lines which are drawn according to the highest and lowest prices in a selected...
  • Relative Strength Index (RSI) Indicator
    RSI ( Relative Strength Index) was introduced in 1978 by Welles Wilder. Another name for RSI which is widely used is price-following oscillator. When you look at Relative Strength Index it closely reminds you of stochastics. It is forex technical indicator that evaluates latest gains and losses in order...
  • Leading and Lagging Indicators
    Forex trader needs indicators to determine important entry and exit points. Forex Indicators predict financial and economic trends. Forex indicators can be categoried into two types, each of which makes a different prediction. The first type of forex indicator is called leading. It is an indicator...
  • Technical Analysis - Trend Lines
    Once you are familiar with forex chart types you can finally start analyzing them. One of the popular ways of technical analysis is trend lines. Drawing trend lines on a forex chart will provide you with very accurate information. Of course you will have to spend some more time learning how to draw trend...
  • Technical Analysis - Support and Resistance Levels
    Support and Resistance concept is very popular among forex technical traders. Not only the concept is widely used but also might look slightly confusing at first glance, just like everything else in forex trading! It is however very important for you to understand support and resistance concept in order...
  • How to Read Economic Calendar?
    The first time you see a real economic calendar you wish you haven't gotten into trading at all. The abbreviations give you headache, the "colorful" digits are way too bright to look at and it just doesn't seem possible to comprehend! Have no fear, though. After this explanation things will definitely...