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Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Risk disclosure
Intermediate

Intermediate trading course

Reading charts, using indicators, understanding the economic calendar and trading gold, indices and crypto CFDs.

  1. 01Reading candlestick chartsCandlestick charts show how price moved during a selected period, not just where it finished. In this first intermediate lesson, you will learn to read candle bodies and wicks, compare common formations, and separate observable price information from interpretations that need further context.3 min
  2. 02Support, resistance and trendsCandlestick charts show how price moves within each period; support, resistance and trends help place those movements in context. In this lesson, you will learn how to recognise important price zones, describe market direction and distinguish a possible breakout from a temporary move, while remembering that chart patterns cannot guarantee future outcomes.3 min
  3. 03Moving averagesMoving averages smooth price data to make the direction of a market easier to assess. Building on support, resistance and trends, this lesson explains how moving averages work, how traders interpret them, and why their signals need context rather than being treated as instructions to trade.3 min
  4. 04Momentum indicators: RSI and MACDMoving averages help describe price direction, while momentum indicators examine the strength and pace of price changes. This lesson introduces the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD), explaining how to read them, compare their signals, and understand why neither can reliably predict the next market move.3 min
  5. 05Common chart patternsChart patterns organise price movements into recognisable shapes that traders use to describe possible continuation or reversal scenarios. Building on the previous lesson about RSI and MACD, this lesson explains common patterns, their limitations and how to interpret them without treating any formation as a reliable prediction.4 min
  6. 06Fundamental analysis and the economic calendarChart patterns describe how prices have behaved; fundamental analysis examines the economic forces that may influence them. This lesson explains how to read an economic calendar, compare releases with market expectations, and understand why apparently strong or weak data does not always produce an obvious price response.4 min
  7. 07Central banks and interest ratesCentral banks influence the cost of money, financial conditions and expectations across forex markets. Building on the previous lesson about fundamental analysis and the economic calendar, this lesson explains how interest-rate decisions affect currencies, why expectations matter, and how to interpret policy announcements without assuming that a rate change guarantees a particular market reaction.3 min
  8. 08Trading gold and commoditiesGold and other commodities respond to economic conditions, changes in supply and demand, and shifts in market expectations. Building on the previous lesson about central banks and interest rates, this lesson explains their main price drivers, how commodity CFDs work, and how to calculate exposure before considering the risks.4 min
  9. 09Trading stock indicesStock indices summarise the performance of selected groups of shares, giving traders a way to follow broad markets or specific sectors. This lesson explains how index CFDs work, what drives their prices, and how to calculate exposure and potential outcomes without confusing index points, contract size and margin.3 min
  10. 10Crypto CFDs explainedCrypto CFDs provide exposure to cryptocurrency price movements without ownership of the underlying coins. Building on the previous lesson about stock indices, this final lesson explains how crypto CFDs work, how to calculate a hypothetical result, and why volatility, leverage and trading conditions require careful attention.4 min
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Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Academy lessons are general education only and are not investment advice. Risk disclosure