Author: rcanessa - Page 3 - Forex Dominion

What are decentralized crypto exchanges?

Decentralized exchanges allow people to trade cryptocurrency tokens directly with each other. They have some advantages over centralized crypto exchanges, as well as some drawbacks. In brief DEXs allow trading without intermediaries. Users don’t need to give up custody of their coins. The main drawback for some: you are responsible for your own security. A decentralized exchange, or DEX, is … Read more

Gann Theory in Trading

by rcanessa

Gann Theory is a concept that suggests financial markets with many fluctuations always tend toward equilibrium. This claim is based on elements of geometry, mathematics, astronomy, and even biblical references. In other words, Gann Theory states that regular patterns can be observed in financial markets. Despite experiencing numerous fluctuations and price changes, markets ultimately move toward balance. According to Gann, … Read more

ZLEMA Indicator (Zero Lag Exponential Moving Average)

by rcanessa

Moving averages (MAs) are a cornerstone of technical analysis in Forex trading, offering insights into price trends and potential market reversals. Among the plethora of moving averages available, the Zero Lag Exponential Moving Average (ZLEMA) stands out for its unique ability to minimize lag while retaining smoothness in its calculations. In this article, we will explore what ZLEMA is, how … Read more

VIX Index: What is it and How Does it Work?

by rcanessa

The original name of the VIX Index is the “Volatility Index,” and it was created by the Chicago Board Options Exchange (CBOE) in 1993. It was designed to measure the market’s expectations for short-term volatility. Volatility is a concept that helps measure the uncertainty of a market or a specific asset in a simple way, but this does not mean … Read more

XM Trading Megacompetition: U.S. Elections Special

by rcanessa

The Forex and CFD broker XM is organizing a trading tournament for real accounts called: Megacompetition – U.S. Elections Special. This competition is available to all XM clients and requires a verified Standard real account along with a minimum equity of $100 to participate. It will last for about two weeks and offers substantial cash prizes for the winning traders, … Read more

Mean Reversion Trading Strategies

by rcanessa

Mean Reversion Strategies aim to generate profit when prices return to the mean after deviating from it. A typical example is buying when a stock’s price drops significantly, anticipating a price recovery. What is a Mean Reversion Trading Strategy? Mean reversion is a fundamental concept in trading strategies and finance that is based on the observation that, in many cases, … Read more

Mean Reversion Indicator for MetaTrader 4

by rcanessa

Below, we present a modified indicator for the well-known MetaTrader 4 platform, designed to detect when the price on various instruments and timeframes is overextended either upwards or downwards relative to the average, represented by a moving average such as the 200-period SMA. This is a screener-type indicator that shows the markets where the price has reached a high/low of … Read more

Who is selling Bitcoin in 2024?

by rcanessa

In this article we try to explain the reason why Bitcoin cannot surpass its all-time high in 2024.

The price of Bitcoin (BTC) fell today to $65,000 (USD), sharpening last week’s retreat, which exhibits greater supply. “Who the hell is selling?”, questioned the renowned analyst Willy Woo in this context.

Investors in Bitcoin exchange-traded funds (ETFs) in the United States ended the last week with outflows of $580 million. This comes after they recorded four consecutive weeks of capital inflows, as seen below.

RoboForex Partners Promotions of 2024 – Cash Prizes

by rcanessa

The Forex and CFD broker RoboForex (a company founded in 2009) from Europe is offering a new promotion for its associates (members of its affiliate program) that will last approximately one year and will distribute $1,300,000 in prizes (60 prizes each month) to winners through a series of monthly draws. During each month, RoboForex will award 60 monthly prizes ranging … Read more

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