Masterclass on Advanced Commodity & Currency: Forex Trading Course

Many market participants ignore the fact that forex, bonds & commodities are the bedrock of the financial system. And understanding the multi-asset classes not only opens up multi-asset trading opportunities but also creates a proper base of understanding how the global financial markets work & how different asset classes interact with one another.

In India, there are most of the people who are not aware of the currency and commodity market. And those who are, lack knowledge & understanding of commodity & forex trading and get lured by the potential returns without analyzing the challenges and risks. 

However, acquiring this essential understanding will certainly gain an additional advantage over other traders who remain unaware as it provides the potential opportunity for traders and investors to generate high returns. But most of the people are confused about the complex terms of commodity and currency.

Hence, we are introducing our commodity and forex trading course, which has been designed for those who want to take their understanding of this topic to the next level.

The objective of this course is to help you interpret market dynamics, analyze various commodities and currencies, gain knowledge of the basics and fundamentals of currency and commodity markets, understand inter-market relations, apply different strategies to trade in various market conditions and maintain a proper risk management plan with discipline.

This course delves into the world of forex, commodities, and global markets. The course will cover multiple strategies, ranging from basic technical to advanced approaches. We will learn forex trading, starting from the basics and progressing to important fundamentals. We will learn how to create a perfect plan to trade and how to leverage inter-market analysis and sentiment analysis to our advantage.

This course is structured as a masterclass that combines live and recorded sessions, where our primary focus is on live trading sessions to help you get practical hands-on experience with the topic.

Please find below the topics covered under this course - Masterclass on Advanced Commodity and Currency:

Class 1- One Good Trade and Grading Concept 

• Basics of trading- Stop your failures by correcting the basics. 
• Strategy 1: Don’t survive but champion through crisis & learn to create a crisis strategy for explosive gains. 
• Creating a trading strategy with 3 horses method - Double cloud. 
• Creating a Trading Plan 

Overview- The module begins with the necessary building blocks by first improving the basics. Basic is the main reason the majority of retail traders fail. The course then moves on to understand crisis trading, how to project a mega-crisis & benefit from it. At the end, we will address one of the most important steps for a trader - how to create a perfect plan to trade for oneself. 

Class 2- Multi-asset portfolio creation, FX part 1 & Intermarket analysis 

• 3-layered multi-asset portfolio (MAP) creation & allocation strategy. 
• Indian Currency Market (Market timing, tradable pairs, intraday or positional, best timing). 
• FX part 1 
• Intermarket Analysis 

Overview- In this class, our focus will be on genuine wealth creation in the Indian context through the establishment of a multi-asset portfolio including bonds, stocks, gold, and derivatives. Furthermore, we will acquire a fundamental understanding of the Indian currency market. We will also receive an introduction to forex fundamentals and explore the captivating process of Intermarket analysis. 

Class 3- Basics of Derivatives; FX part 2; Passive strategies for MAP 

• Basics of currency derivatives. 
• FX part 2 
• Bond and Gold cycle strategy. 
• Forex Passive strategy (Heiken Ashi). 

Overview- In this class, we will continue our discussions on forex fundamentals after acquiring a working knowledge of derivatives required for currencies and commodities, such as what are Futures, Call Options and Put Options and what is liquidity in currency derivatives. Additionally, we will explore cycle strategies related to bonds and gold, along with a passive strategy for forex, using Heikin Ashi candlesticks. 

Class 4- Profitable Crude Oil Trading Strategies Masterclass 

This webinar by our respected mentor, Mr. Souradeep Dey, is incredibly important. Crude oil holds a special place among all commodities because its price affects the global economy's growth direction. It's also the most traded commodity with a smooth technical pattern. In this webinar, you'll gain a simple grasp of the basic dynamics in the global crude oil market. You'll also be taught two effective strategies to trade crude oil on MCX and a strategy for handling weekly inventory data released by API & IEA. MCX Crude Oil is highly traded and can be very profitable for traders who want to expand into multiple assets or trade crude oil beyond regular Indian equity market hours.

Class 4.5- Commodity - Gold, Silver + Crude Oil and NG; MTF 

• The Indian Commodity Market 
• Commodity Fundamentals - Gold and Silver + Crude Oil and NG. 
• Creating a trading strategy with 3 horses method - Double cloud MTF intraday & MTF swing. 

Overview- Before delving deep into the fundamentals of bullions and energy commodities, we need to understand the basics of the Indian commodity market, including market timing, which commodities to trade or avoid, contract types, margin requirements (mega, mini, and micro), expiry settlement and staggered delivery system. We will also revise the double cloud setup and learn how to create the MTF setup for both intraday and swing trading.

Class 5- Base Metals; Sentiment Analysis 

• Base Metal Fundamentals (Zinc, Copper and Aluminium). 
• Sentiment Analysis. 

Overview- In this class, we will learn about the essential fundamentals of base metals. We will learn the secrets of a powerful tool – sentiment analysis and we'll explore how to leverage market sentiments to our advantage.

Live Sessions 

We conduct live sessions to give participants the maximum exposure to real market situations. This includes a special session on FOMC day, which is the day of the US Fed interest rate decision, occurring only eight times a year. The live session will also cover the NFP report - the most important data for the FX & Commodity market.

Tools to be used in class 

1. TradingView
2. en.macromicro.me (website)

Strategies Covered: 

1. Crisis Trading Strategy

2. Bond and Gold Cycle Strategy

3. FX Passive Strategies

4. Crude Oil Momentum Trading Strategy

5. Crude Oil Inventory Strategy

6. MTF Setup for Swing and Intraday Trading

7. Double Cloud Setup

Want to know more, speak to our Program Advisor, call +91 9748222555.