Forex Trading Analysis Learning Roadmap
Week 1: Candlestick Patterns & Price Action
- Candlestick Anatomy (Body & Wicks)
- Key Patterns: Engulfing, Pin Bar, Doji, Inside Bar, Morning/Evening Star
- Market Structure Basics (Highs & Lows)
- YouTube: TradingLab, Rayner Teo, Trading With Rayner
Week 2: Support & Resistance (S&R)
- Horizontal S&R zones
- Supply & Demand Zones
- Psychological levels (round numbers)
- YouTube: Karen Foo, Rayner Teo, The Secret Mindset
Week 3: Trend Analysis
- How to spot trends
- Moving Averages (50 EMA & 200 EMA)
- Trendlines
- Break of Structure / Market Shift
- YouTube: The Trading Channel, UKspreadbetting, Rayner Teo
Week 4: Risk Management + Trading Psychology
- Risk-Reward Ratio (Minimum 1:2)
- How to set Stop Loss & Take Profit
- Risking only 1-2% per trade
- Trading Mindset (Discipline over FOMO)
- YouTube: Karen Foo, Tradeciety, The Trading Channel
Week 5+: Indicators (Optional Tools)
- RSI (Overbought/Oversold)
- MACD (Trend Confirmation)
- Fibonacci Levels (Retracement)
- YouTube: The Secret Mindset, Rayner Teo, The Trading Channel
Final Week: Build A Simple Trading Plan
- Decide Trading Instrument (Forex, Crypto, Indices)
- Entry signal criteria
- Stop Loss placement
- Take Profit placement
- Risk per trade guidelines