rcanessa

I am Raúl Canessa, the founder of Forexdominion.com. As an experienced Forex trader, my passion for investing and algorithmic trading has shaped my professional journey. Over the years, I have dedicated myself to refining my skills in the financial markets, allowing me to share my knowledge and insights through my platform. I am committed to helping others understand the world of trading and develop effective strategies for success in this exciting field.

How to Avoid a Fake Forex Blog

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No matter how absurd it may sound, a fake Forex blog does exist. Online foreign exchange traders go to Forex blogs to fill up the void in terms of trading information, news and insight. And when there is a need, there are also those that take advantage by filling that need with scam and useless information. It is risky enough to be in Forex trading, how much more so with the possibility to be drawn towards a fake Forex blog?

Look out for those outrageous headlines. For online users that have one time or the other been drawn to scams, the headlines might have done the trick. It is silly to put the finger on it but it is true: Be a millionaire trading foreign exchange! Gain $2000 a day trading Forex! These headlines provide easy solutions to everyday problems in a few words. In equipping oneself with trading knowledge, one finds out early on that these offers are impossible. Yet, trading can be complex that one just wishes for an easier path to the fulfillment of its goals. At the end of the trail, one is bound to be buying the blogs’ offerings and losing more money with nary the offered millions in sight.

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Accumulation/Distribution Line Indicator

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The Accumulation/Distribution Line is a technical analysis indicator that is used to measure the buying and selling pressure of a security. It is based on the concept that the volume of trading activity is a key indicator of market sentiment and that a change in volume often precedes a change in price. The Accumulation/Distribution Line calculates the cumulative flow of … Read more

What is carry trading?

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The carry trading is a strategy in which an investor sells a certain currency with a relatively low interest rate and buy another currency with a higher interest rate. The aim of this strategy is to get as profit the difference between the two interest rates, a benefit that may become attractive depending on the amount of leverage used. As the profit comes from the interest rate differential, you can make a profit even if the price of the currency does not change a single pip.

Although the Forex market operates 24 hours, is taken by consensus UTC 0 hours as the end and beginning of a new trading day. In Forex trading, at the end of each day is credited or charged to the account of the trader the spread between the interest rates of the two currencies of the currency pair in which the trader have open positions at this time (this is known as Rollover).

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Chaikin Oscillator Indicator

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Chaikin Oscillator is a technical indicator developed by Marc Chaikin to measure the momentum of the Accumulation Distribution Line using the formula for the MACD. Therefore, it is an indicator of an indicator. Chaikin Oscillator shows the difference between the 3-day EMA of the Accumulation Distribution Line and the 10-day EMA of Accumulation Distribution Line. Like any other momentum indicator, this indicator is designed to anticipate changes in direction, in this case the Accumulation Distribution Line, by measuring the momentum behind the moves. A change of momentum is the first step toward a market trend change. Therefore, this indicator can help to anticipate trend changes of the asset that is being analyzed.

The Chaikin Oscillator generates signals with the crosses above or below the zero level and with the divergences.

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Little known utilities of Metatrader 4

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MetaTrader 4, the most known and used platform for Forex trading has a lot of tools and options which are little known and used primarily by ignorance. This is due largely to the fact that very few users read the manual built into the platform. In this article we will see some of these options and utilities unfamiliar. (Much of what … Read more

RoboForex Broker Offers Deposit Bonus up to 115% in 2017

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The Forex and CFD broker RoboForex (regulated by CySEC) is offering for a limited time a promotion consisting of a deposit bonus of up to 115% for each deposit made by the trader in his account. In this case, there are no limits as to how much money a customer can collect through this offer.

The amount of the bonus depends on the amount deposited by the trader, and ranges from 50% to 115%. Likewise, the bonus money can be withdrawn without restrictions once certain requirements of the offer are met.

 -Period of validity of the offer: This promotion have no time limit, however RoboForex can modify the terms or even cancel the offer at any time. So, it is valid during all 2017.

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Forex Market vs Stock Market

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Investing in the Forex market offers huge advantages over buying and selling  shares in the stock market especially if you’re a small investor who does not have a large capital to invest. Here are the main advantages of the Forex market with respect to stock trading:

The Forex market operates 24 hours a day

The Forex markets operates continuously 24 hours a day, Monday through Friday. This market opens on Sunday at 14:00 hours (New York time) and closes on Friday at 16:00 hours (New York time). In this way,  traders from around the world have the advantage of being able to react quickly to the main news of the market and can set their own schedules to trade as they have the possibility to trade during the trading sessions in the financial markets in United States, Europe and Asia.

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Affiliate Program Bulltrax

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Update on Bulltrax

Because the binary options broker 10Trade closed and stopped offering its brokerage services like many other brokers in the sector, the Bulltrax affiliate program has also closed.

Bulltrax is an affiliate program created by the binary options broker 10Trade of Europe (a company regulated by CySEC of Cyprus) in order to promote its services and gain new customers who open a trading account with this company and deposit funds. To this end, Bulltrax has designed a series of promotional resources which are based primarily on the Internet, such as banners, logos, links and more. With these tools and the commission plans offered, this program is an excellent option for monetizing blogs and websites whose main topics are related to binary options and financial markets in general.

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10Trade – Binary Options Broker

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Review of the Binary Options Broker 10Trade 10Trade is a regulated binary options broker from Europe which was funded in 2014 and offers many different features such as various types of options (including 60 seconds options and Ladder bet options), multiple underlying assets like currency pairs (Forex), stocks, stock indices and commodities and a web based trading platform with trading functions such … Read more

Forex Cashback (rebates) promotion of RoboForex

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The broker RoboForex, a company specialized in financial services with Forex, precious metals and CFD, offers a promotion to all its customers that consists of a cashback promotion (Forex cash rebates), which is based on the volume traded by the client each month. It is a service that allows customers to reduce the spread costs on all types of trading accounts.

This service is permanent and available to all traders who have Cent, Standard or ECN accounts.

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