Forex Guide for Beginnersadmin2019-01-16T16:02:49+00:00
A complete guide for Forex traders
The Forex currency market is the largest financial market worldwide. It exceeds the other markets by a high margin, since it has a global reach and a huge number of participants, including financial banks, institutional investors and large and small speculators from all over the world. The Forex market offers multiple opportunities to investors and speculators who seek to obtain profits with the movements of currency prices. However, trading in the forex market requires knowledge and preparation. Unlike other forms of investment, traders can lose all their capital in a short time, if not careful.
For this reason, before considering the idea of opening an account with a Forex broker, start trading in this market and risk real money, it is essential that the investor prepares and acquires the necessary knowledge to have the best chance of success. Due to this, in Forexdominion we elaborate a guide where we include the most important topics that must dominate or at least know every trader that has an interest in starting his career investing in the Forex market.
When you design a trading system, or you are looking to buy an automatic robot on the market, you must make decisions according to your preferences. The first thing you should ask yourself is: what am I looking for? It [...]
Have you ever noticed that when a certain currency pair rises, another currency pair falls? Or that sometimes when one pair falls, another pair seems to copy its movement and falls too. If the answer is yes, you have witnessed [...]
Definition and identification The candlestick formation Bullish Harami Cross is a trend reversal pattern that occurs in bearish markets, and indicates that there is a probability that a change from bearish to bullish trend will occurs. This pattern has a moderate reliability [...]
In this article we are going to focus on the topic of trend continuation price patterns. We will cover many topics related to technical analysis such as basic concepts, description of trend continuation formations, and tips on how to trade [...]
In recent years, in the community of financial markets many traders of all types (large and small) have chosen to trade with currency pairs in the Forex market for various reasons. Part of the appeal of trade in the Forex [...]
The Market Facilitation Index (MFI) is a technical indicator developed by Bill Williams which analyzes the change in the price of a financial asset in connection with its trading volume, ie analyzing the change in price for each volume unit. In much simpler words, the Market Facilitation Index [...]
The outbreak of the COVID-19 pandemic brought an unprecedented slowdown to the world economy. Now, economists wonder what kind of economic recovery awaits us. With COVID-19 spreading around the world and much of the world’s population confined, the economy stopped, [...]
Experience is a guarantee of successful trading outcomes. Though when you are just starting, or want to understand the peculiarities of the market and exercise all possible resources for your improvement, you need to pay attention to trading tools which [...]