TUTORS’ GUIDE
| Tutors ’s name: _____
| Date: _______
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| Course: Currency Trading (Forex)
| Duration: 1 hours |
| Subject/Unit: Forex transaction | Level: Advanced
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| Nationalities:______ | Class size:______
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| Learning aims/objectives: Elaborating and explaining important basics used in the world of the foreign currency market, as well as some lingo and definitions. Together with an in-depth analysis of what Forex entails. | Learning outcomes/success criteria:
Learners to understand majors basics of Forex and how to use it without much difficulty in trading.
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| Resources to be used:
▪ Interactive whiteboard ▪ Forex Book PDF( eBooks) ▪ Smartphones/ Computers or laptops. ▪ Forex Trading Tutorial. ▪ Copy of Powerpoint as a handout; ▪ computer & projector ▪ Definitions and assignment handout. | Differentiation: Yes, 75% of the learners had a problem to understand primary basics, as well as some lingo and definitions used in the world of the Foreign Currency Exchange markets.
Potential problems: ▪ Understanding of forex trade, ▪ What it involves and some of its major pairs. ▪ What is Liquidity, Brokers, Profit and loss?
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| Assumed prior knowledge:
Trainees are graduates and entrepreneurs & they may have some knowledge about the subject Aims & objectives regarding Foreign Currency Exchange Markets. | |
| Assessment (how learning will be recognized):
Question and answer method. The practice of lingo and definitions Group Assignment on questionnaires and survey data collection. Practice and developing a trading plan for trading forex. | |
| Skills for Life / Key Skills to be addressed. Trade/definitions and lingo information regarding Foreign Currency Exchange Markets and deep elucidations of Forex. | |
| Number/ numeracy: Calculation of leverage/ PIP.
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| Information Technology: Lesson plan and learning resources to be accessed on electronic devices and the use of Electronic Communications Networks (ECN).
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| Time | Content & Teacher Activity | Learners Activity | Resource |
| 12:05 (5 mins.) | ▪ Introduction of the lesson; “today’s lesson topic is…” ▪ Introduction and shallow Explanation foreign Foreign Currency Exchange Markets. ▪ Introducing what Forex is and what it involves.
| • Listening and speaking. • Watching | Interactive whiteboard.
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| 12:35 (30 mins) | ▪ Telling learners aims of the topic. ▪ Elaborating on Foreign Currency Exchange Markets. ▪ Explanation of significant basics and lingos. ▪ Profound explanation and definition of terms used in Forex.
| • Watching • Listening and peaking. • Asking questions. • Answering question.
| • Interactive whiteboard • Forex Book PDF( eBooks) • Smartphones/ Computers or laptops. • Forex Trading Tutorials. • Copy of Powerpoint as a handout; • computer & projector |
| 12:40 (10 mins) | • Allocate groups of 3 students per group to discuss foreign currency exchange markets and forex including; • Definition of terms used in Forex; -What does it involve? -Which pairs are essential? -What is liquidity, leverage, brokers, and profit and loss? Offering group and personal assistance.
| • Listening and speaking. • Discussing • Reading and answering questions. • Practising. • Watching | • Interactive whiteboard • Forex Book PDF( eBooks) • Smartphones/ Computers or laptops. • Forex Trading Tutorial. • Copy of Powerpoint as a handout; • Computer & projector. |
| 12:50 10 mins) | • Addressing the difficulties experienced by learners during the discussion. • Feedback – any questions/issues. • Asking questions.
| • Listening and speaking. • Asking and answering questions. • Discussing • Watching. • Practising
| • Interactive whiteboard • Forex Book PDF( eBooks) • Smartphones/ Computers or laptops. • Forex Trading Tutorial. • Copy of Powerpoint as a handout; • computer & projector |
| 13:00 (5 mins) | • Sum up & review the main point of the topic as well as the objectives of the lesson. • Issuing assignment & clarify date to be handed in. • Recap of today’s session- ask each one thing they have learnt today. • Introducing what they will learn in the next lesson.
| • Listening and speaking. • Watching. • Asking and answering questions
| • Interactive whiteboard • Forex Book PDF( eBooks) • Smartphones/ Computers or laptops. • Forex Trading Tutorial. • Copy of Powerpoint as handouts; • computer & projector |
| Homework/assignments/research questions set: i. What is traded in Forex? ii. Briefly explain major terms used in Forex? | Hand in date:
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