Forex broker XM

Tutorial on the currency markets

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.

Forex Market Tutorial

  • Global Public Debt

COVID-19 Crisis Triggers Global Debt


The COVID-19 pandemic is also having dire consequences for the economy. One of the most notable effects in a large increase in public and private debt. The world was still resentful of the great recession of 2008 when the Coronavirus [...]

  • Bank International of Payments organization

Bank for International Settlements (BIS)


What is the Bank for International Settlements (BIS)? The Bank for International Settlements, or BIS because of its acronym in English, is an international organization dedicated to stimulating monetary and financial cooperation worldwide. This large entity is often seen as [...]

  • Personal Income Consumption Index

Personal Income and Consumption Index Indicator


General definition The Personal Income and Consumption Index is a report from United States that includes both personal income and consumption expenditures from all sources. This is a monthly figure, which always refers to the two previous months in which the Bureau of [...]

  • Reversal Symmetrical Triangle Strategy

The Best Forex Daytrading Strategies IV


In this article we finish the series on daytrading and scalping strategies based exclusively on price action applicable to Forex and other markets, we hope you have liked it. These strategies are based on the identification of classic price patterns [...]