danipips

Free Course

Danipips Trading Academy

A structured, plain-English course that takes you from "what is forex?" to placing a properly sized first trade. Work through the lessons in order — sign in and your progress follows you to every device.

56 lessons · 6 modules · beginner friendly + Advanced track

Your progress

69 lessons

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Module 1 — What is Trading?

The foundations: what markets are, how forex works, and who moves the price.

1

What is Forex? What is trading?

The plain-English definition of trading and the foreign exchange market.

6 min read

Start
2

How the forex market works

24/5 trading, a decentralised network, and the four major sessions.

7 min read

Start
3

What can you trade?

Forex, metals, energy, crypto and indices — and how they differ.

6 min read

Start
4

Who is on the other side?

Central banks, commercial banks, funds, brokers and retail traders.

5 min read

Start

Module quiz — 5 questions

Test what you just learned. Instant score, unlimited retakes.

Take quiz

Module 2 — Getting Started

Choose a broker, practise safely, learn the platform, and place your first trade.

1

How to choose a broker

Regulation, spreads, withdrawals — and the broker we recommend.

7 min read

Start
2

Top 5 beginner-friendly forex pairs

The best forex pairs for beginners in 2026 — EUR/USD, USD/JPY, GBP/USD, AUD/USD and USD/CAD — with spreads, sessions and one practical tip each.

10 min read

Start
3

Choosing a broker & avoiding scams

The four checks that matter, the red flags that end the conversation, and a checklist to run before you deposit.

9 min read

Start
4

Demo account vs live account

Why every beginner should start on demo — and when to switch.

5 min read

Start
5

Understanding the platform (MT4 / MT5)

The windows, tools and settings you actually need.

7 min read

Start
6

How to place your first trade

Buy and sell, market vs pending orders, stop loss and take profit.

8 min read

Start
7

Order types in detail

Market, buy/sell limit and buy/sell stop — what each one does and where it sits relative to the current price.

8 min read

Start
8

Trading styles overview

Scalping, day trading, swing trading and position trading — the time commitment and risk profile of each.

8 min read

Start

Module quiz — 5 questions

Test what you just learned. Instant score, unlimited retakes.

Take quiz

Module 3 — Core Concepts

The anatomy of a trade: pips, lot sizes, trading costs, leverage and margin.

1

Pips and points

The unit price moves in — what a pip is worth and how to calculate it.

6 min read

Start
2

Lot sizes and position size

Standard, mini and micro lots, pip value per lot, and how to pick a size your account can survive.

8 min read

Start
3

Spread, commission and swap

The three ways a trade costs you money before it even moves.

6 min read

Start
4

Leverage and margin

How borrowed size works, what margin locks up, and why over-leverage kills accounts.

8 min read

Start
5

What is liquidity?

How easily an instrument trades without moving its price — and why liquid markets are kinder to beginners.

5 min read

Start
6

What is volatility?

How far and how fast price moves — and how that drives your stop, your size and your risk.

6 min read

Start

Module quiz — 5 questions

Test what you just learned. Instant score, unlimited retakes.

Take quiz

Module 4 — Risk Management

The most important module: protecting capital, sizing positions, managing winners, and avoiding the classic mistakes.

1

Why risk management beats strategy

Why survival, not prediction, is what separates traders who last from those who don't.

6 min read

Start
2

Position sizing and the 1% rule

Turning a percentage of your account into an exact lot size, every time.

7 min read

Start
3

Stop loss and take profit

Where to place your exits, and why they always go in with the trade.

7 min read

Start
4

Managing a trade in profit

Breakeven stops, when to move them, and trailing stops — locking in gains without strangling the trade.

9 min read

Start
5

Risk-to-reward ratio

How R multiples and win rate combine to decide whether you make money.

7 min read

Start
6

Margin call & stop out

The two levels where the broker steps in — and why correct position sizing means you never meet either.

8 min read

Start
7

Weekend gap risk

Why a stop loss does not protect you between Friday's close and Sunday's open.

6 min read

Start
8

Drawdown & the recovery maths

Why a 50% loss needs a 100% gain to get back, and what that means for risk per trade.

7 min read

Start
9

Currency correlation basics

Why EUR/USD and GBP/USD move together, why EUR/USD and USD/CHF move opposite, and how correlated trades quietly multiply your risk.

8 min read

Start
10

Common beginner mistakes

Overtrading, revenge trading, no stop loss, over-leveraging — and how to stop.

7 min read

Start

Module quiz — 5 questions

Test what you just learned. Instant score, unlimited retakes.

Take quiz

Module 5 — Reading the Market

Candlestick anatomy plus the single, two and three-candle pattern libraries: what each shape says about who is winning.

1

What a single candle shows

Open, high, low, close, body and wick — the four prices packed into one shape.

6 min read

Start
2

Bullish vs bearish candles

What candle colour really tells you — and the mistake almost every beginner makes with it.

5 min read

Start
3

Hammer and Inverted Hammer

The two bullish reversal candles that appear at the bottom of a move.

8 min read

Start
4

Hanging Man and Shooting Star

The same two shapes at the top of a move — and why location flips their meaning.

8 min read

Start
5

The Doji family

Standard, Dragonfly and Gravestone doji — three shapes of indecision and rejection.

9 min read

Start
6

Spinning Top and Marubozu

The two extremes: total indecision and total conviction.

7 min read

Start
7

Bullish and Bearish Engulfing

The two-candle takeover: when one side wipes out the entire previous period.

8 min read

Start
8

Piercing Line and Dark Cloud Cover

The halfway reversal: when the second candle reclaims more than 50% of the first.

8 min read

Start
9

Tweezer Top and Tweezer Bottom

Two candles that fail at exactly the same price — the level is doing the work.

7 min read

Start
10

Morning Star and Evening Star

The three-candle turn: drive, pause, reverse.

9 min read

Start
11

Three White Soldiers and Three Black Crows

Three-candle continuation: sustained, one-sided pressure.

8 min read

Start
12

Three Inside Up and Three Inside Down

A harami plus a confirming candle — the pattern with confirmation built in.

8 min read

Start
13

Rejection vs confirmation

Why a pattern is never a trade until the next candle closes.

7 min read

Start
14

Support and resistance

The levels the market remembers — how to find them and how to draw them properly.

9 min read

Start
15

Trend basics

Uptrend, downtrend and range — and how to read structure from highs and lows.

8 min read

Start
16

Fundamental vs technical analysis

Two ways of answering different questions — and why most traders end up using both.

7 min read

Start
17

Supply and demand zones

The areas where an imbalance between buyers and sellers launched price — and why it often comes back.

8 min read

Start
18

Fair value gaps (FVG)

The three-candle imbalance price leaves behind when it moves too fast — and why it usually gets filled.

7 min read

Start
19

Moving averages (SMA and EMA)

The first indicator worth adding: trend direction, dynamic support and resistance, and how crossovers work.

7 min read

Start
20

RSI, MACD and Bollinger Bands

Three more beginner-friendly indicators: momentum, trend changes, and volatility — with how to read each one.

9 min read

Start
21

Trading sessions & the best times to trade

The four major sessions in UTC, why the overlaps matter, and which pairs move in which session.

9 min read

Start
22

Classic chart patterns

Head and shoulders, double tops and bottoms, triangles, flags and pennants — structures that form over many candles.

12 min read

Start
23

News & economic events

What moves markets on the calendar, how to read impact colours, and why volatility spikes at the release.

9 min read

Start

Module quiz — 5 questions

Test what you just learned. Instant score, unlimited retakes.

Take quiz

Module 6 — Trading Psychology & Next Steps

The part that decides whether the first five modules are worth anything: discipline, emotional control, a written plan, and what to study next.

1

Discipline, patience and boredom

Why the hardest skill in trading is doing nothing.

8 min read

Start
2

Managing emotions: fear, greed and revenge

The four emotional states that destroy accounts, and the mechanical fix for each.

9 min read

Start
3

Building your trading plan

A one-page written plan covering markets, setup, risk, routine and review.

10 min read

Start
4

Keeping a trading journal

The record that turns 50 random trades into feedback: what to log, why it works, and a template you can copy.

8 min read

Start
5

Continuing education — where to go from here

A realistic 90-day roadmap and the habits that compound after the course.

8 min read

Start

Module quiz — 5 questions

Test what you just learned. Instant score, unlimited retakes.

Take quiz

Optional next-step track · after Modules 1–6

Advanced Concepts

Market structure, order blocks, liquidity, kill zones and strategy building — the vocabulary of ICT / Smart Money Concepts, a popular framework many traders use, plus how to turn any framework into written, backtested rules.

0/13 done

Stay balanced. ICT/SMC is one way of describing price behaviour, not the definitive or only correct approach, and no framework guarantees results. Finish the beginner modules first, then test these ideas yourself before using them with real money.

1

Market structure: BOS and CHoCH

Swing highs and lows, how to read trend from structure, and the difference between a break of structure and a change of character.

9 min read

Start
2

Order blocks

What an order block is, bullish versus bearish, how traders use them as entry zones, and how they relate to supply and demand.

8 min read

Start
3

Fair value gap (FVG)

The three-candle imbalance pattern, how a bullish and bearish FVG form, why price often returns to fill the gap, and how traders use it as confirmation rather than a stand-alone signal.

8 min read

Start
4

Breaker, mitigation & rejection blocks

What breaker, mitigation and rejection blocks are, how each differs from a plain order block, what a failed block signals, and a side-by-side comparison summary.

9 min read

Start
5

Liquidity and stop hunts

Where stop losses cluster, buy-side versus sell-side liquidity, and what a liquidity sweep looks like on a chart.

8 min read

Start
6

Premium, discount, imbalance & equal highs/lows

How traders split a range into a premium half suited to selling and a discount half suited to buying, what imbalance means in price delivery, and why equal highs and equal lows act as liquidity targets.

9 min read

Start
7

Trading sessions & kill zones

A recap of the session clock, then the ICT concept of kill zones and why those windows are considered higher-probability.

7 min read

Start
8

Market maker concept: retail vs smart money

The general idea that retail traders often trade opposite institutional flow, and what that means for your entries and risk.

8 min read

Start
9

SMT divergence

Reading divergence between two correlated instruments when one fails to confirm the other's high or low.

8 min read

Start
10

Optimal trade entry (OTE)

The 62–79% retracement zone as a preferred entry area after a structure break — and how to combine it with your existing tools.

8 min read

Start
11

Daily bias

Forming a directional expectation for the day from higher-timeframe structure, the previous day's high and low, and the AMD model.

8 min read

Start
12

Building a trading strategy

The five things every strategy must define, what confluence really means, and how to backtest by hand before risking money.

10 min read

Start
13

Putting it together — a sample strategy framework

One worked example combining sessions, liquidity, zones and candlestick confirmation — as a template to test and adapt, not to copy.

10 min read

Start
Start the Advanced track

Featured next step

30-Day Demo Challenge

Four guided weeks of demo practice — first trades and stops, position sizing, live candles and levels, then a full journal review. Tick off each task as you go.

Start the challenge

Trading Glossary

77 key terms from all 6 modules — pip, lot, leverage, margin, spread, stop loss, support, resistance, confirmation and more.

Open glossary

Trading Calculators

Pip value, position size and profit/loss — the three numbers you need before every trade.

Open tools

Beginner FAQ

Honest answers on how much you need to start, how long profitability really takes, swap-free accounts, legality and Exness minimums — no hype.

Read the FAQ

All lessons

Every lesson in the Academy, in one place — 69 in total.

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