Finding good forex trading tutorials can be difficult.  Many contradict each other and you really have no way of knowing if what you are getting is good and up to date information.  The best places to find currency trading tutorials is with established forex brokers.  This is probably the best place to start for beginner traders.

One of the best set of introductory tutorials can be found on Forex.com, one of the biggest brokers out there.  They have a very comprehensive list of topics and videos to get you started.  The following are the topics that are included in the tutorials.

Beginner Videos

The beginner videos start out with an introduction to the forex market in general.  It’s a primer to give you a brief overview of the subject.

Then it goes on to tell you about the currency pairs.  It talks about which ones there are, and how they work.

The next video talks about how you can understand currency exchange rates and forex quotes.  Prices in the forex market are not as straightforward and simple to understand as stock prices.  This video helps clarify how it all works.

Finally, the beginner videos end with a explanation of pips.  Pips are how forex quotes are measured and calculated.  They are the units of change in currency pair rates.

Advanced Videos

Forex.com also has a set of advance videos.  They start out talking about risk management.  This is an important component to trading.  It’s not all about predicting price movements, although that is a huge part.  Money management is also a huge part of all good forex trading strategies.

Then it talks about Japanese Candlestick Formations.  This is a technical analysis strategy that helps predict price movements.  It’s an ancient form of technical analysis that was first used in Japan by rice traders.

Support and resistance is the next video.  It talks about how to spot trends and sideways channels.  It also talks briefly about how you can use support and resistance to identify trading opportunities.

Next is a video on Fibonacci Retracement, which is another technical tool used by many traders.  It uses an algorithm discovered by a mathematician named Fibonacci who recognized certain patterns and ratios that were in many aspects of life.  This is the forex trading adaptation to his mathematical theory.

Then the tutorials end with another technical analysis tool called triangle chart patterns.  It’s another method of finding trading opportunities.  It’s a spin off take on support and resistance trading.

All the videos are less than 3 minutes long.  They offer a great introduction to what you need to know to start trading and to point you in the right direction with more learning.

Forex.com also offers a great forex demo account so that you can practice before you start trading for real.  It’s a great way to apply what you’ve learned without taking on real risks with your money.