RoboForex - www.roboforex.com

RoboForex Contest

Active Trader
Jun 1, 2020
181
0
32
54
www.contestfx.com
Dear traders!

This week, the ContestFX project is waiting for everyone to participate in the following competitions:

The gathering pace 127th competition of "Demo Forex".
The 331st competition of "Week with CFD" has just started.
464th competition of "Trade Day" will start on 13.10.2021 at 12:00.
380th competition of "KingSize MT5" will start on 14.10.2021 at 20:00.

If you haven't become a participant in our competitions yet held on demo accounts - go through a simple registration procedure on our website, and get connected to any of your desired competitions in just a couple of mouse clicks.

Good luck to all traders!

Sincerely,
RoboForex Contest
 

Vlad RF

Active Trader
Aug 5, 2019
518
0
37
44
How to Work with Sources of Information and Avoid Falling A Victim to Market Panic

Author: Vadim Kovalenko

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Dear Clients and Partners,

In the era of the Internet and electronic media when information is available to anyone, it’s become easier to fall a victim to a pre-planned information attack. In this article, I want to tell you how to avoid this “doom” when analysing financial news.

When you’re overcome with market panic, you can take wrong investment decisions, which will make you lose potential profit or, which is worse, suffer losses.

From time to time, news media misrepresents a real picture; however, even in these cases, one can eliminate the unlikeliest pessimistic or optimistic scenarios. To be able to do this, one has to be well informed about basic concepts of the nature and special aspects of provided publicly available economic information.

Where should we start?

At first, you have to understand: ordinary people don’t have and will never have an amount of data available to civil servants just because some part of this data is highly classified information. Therefore, one should rely only on public sources.

Economic data implies a set of indicators that display the national economy state or show any changes in all its components. When performing market analysis on one’s own, it is recommended to use only documentary information sources.

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Types and sources of information

There are a lot of economic data classifications but we’ll talk only about the most important ones. The data is divided into:
  • Forecasts: short-, mid-, and long-term.
  • Planned: can be found in the economic calendar.
  • Accounting: financial reports, national statistics.
If you’re a rookie in analysing economic indicators, it is recommended to stay away from ready analytical reviews because they are already distorted by the author’s subjective perception. It’s much better to work with primary data. Of course, in the very beginning, you may draw false conclusions but they will be your personal mistakes you’ll learn from. However, sometimes you should read opinions given by popular financial analysts to have a second opinion.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team
 

Vlad RF

Active Trader
Aug 5, 2019
518
0
37
44
How to Trade Linear Regression Indicator

Author: Andrey Goilov

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Dear Clients and Partners,

The Linear Regression Indicator was designed and presented by Gilbert Raff. It happened quite recently, in the 1990s. So, this instrument can be called a rather new one as long as the majority of indicators have been created in the 1970s.

The Linear Regression Indicator, or LRI, consists of three lines. These lines show the high, medium, and low of the current price movement, forming a price channel. The upper and lower borders of the channel demonstrate the extremes to which the price has deviated from the middle line.

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You can see that the indicator somewhat resembles the Bollinger Bands, which consists of a floating channel on the chart that is from time to time broken through by the price up or downwards, after which the price returns to the medium level.

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Regardless of the fancy name, the LRI is quite simple to use.

What is the essence of the LRI?

As I have already mentioned, the Linear Regression Indicator consists of three lines.

First, the middle line is drawn based on the price levels; it is also known as the trend regression line.

The indicator adds two lines to the first one at equal distances from it. Traders say those are quality support and resistance levels, between which the price will be going for some time.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team
 

RoboForex Contest

Active Trader
Jun 1, 2020
181
0
32
54
www.contestfx.com
Dear traders!

This week, RoboForex's project called ContestFX invites you to the following competitions:

The 127th competition of "Demo Forex" has entered the third week.
The 332nd competition of "Week with CFD" has just started.
465th competition of "Trade Day" will start on 20.10.2021 at 12:00.
381st competition of "KingSize MT5" will start on 21.10.2021 at 20:00.

It's easy to start trading operations in the Forex market - you just need to become one of the winners in any of our competitions, receive prize funds to your trading account, and use them to prove your worth as a pro trader.

We wish good luck to all of you!

Sincerely,
RoboForex Contest
 

Vlad RF

Active Trader
Aug 5, 2019
518
0
37
44
RoboForex wins the “Best Affiliate Programme (Global)” award

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Dear Clients and Partners,

In autumn 2021, RoboForex received the “Best Affiliate Programme (Global)” award at one of the world’s leading events in the sphere of Forex and finance, “Global Forex Awards 2021 – Retail”. RoboForex’s Affiliate program was highly appreciated by users and got the most votes.

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RoboForex would like to thank everyone who voted for their trust. Such results inspire us and give us a reason for further development and improvement. RoboForex strives to provide traders with the most favourable trading conditions, including the ones that attract new clients to the company. Now it’s time for you to assess them:
  • 50% of the company’s revenue.
  • No restrictions on deals and payouts.
  • Daily payouts to your account.


Sincerely,
RoboForex team
 

Vlad RF

Active Trader
Aug 5, 2019
518
0
37
44
How to Trade “Tasuki Gap” Pattern?

Author: Victor Gryazin

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Dear Clients and Partners,

In this article, we’ll discuss the rules and methods of trading the “Tasuki Gap” pattern. You won’t find it very often, but it’s a quite strong pattern of trend continuation from the candlestick analysis.

How the “Tasuki Gap” pattern is formed

The “Tasuki Gap” candlestick pattern is formed during an ascending or descending tendency and predicts its further development. The pattern consists of three candlesticks: the first two have the same body colour with a price gap between them; the third candlestick has an opposite body colour and returns the price into the gap (between the first two candlesticks).

The first two candlesticks of the pattern show the trend direction and confirm its strength – the gap between them is evidence of that. The third candlestick, which is closed in the opposite direction, is a correction towards the previous movement. This candlestick shouldn’t eliminate the gap with its closing price – if it happens, trading the pattern is not recommended.

Bearish Tasuki Gap

“Upside Tasuki Gap” is formed during a descending tendency: bears dominate the market and believe that the decline will continue. The black bearish candlestick appears on the chart. Later, under the influence of active sales on the market, the next candlestick is opened with a gap to the downside and closed with a black body candlestick.

After that, the price is forming an ascending correction, during which a white bullish candlestick appears and makes the price return to the gap. This gap is now a resistance level. Here, bears start selling again and if bulls couldn’t close the session above the gap, then bears are very likely to resume the downtrend and update the local low.

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Recommendations for trading the “Tasuki Gap” pattern

When trading this pattern, one should pay attention to the following:
  • “Tasuki Gap” must be formed within an ascending or descending tendency, it’s better not to trade it inside a sideways channel (flat).
  • The pattern’s third candlestick mustn’t close the gap completely with its body. In this case, a trading signal is cancelled.
  • The pattern materialization probability increases in the combination with price patterns, support and resistance levels, signals of trading indicators.
  • It is recommended to use H4 of longer timeframes.
Closing thoughts

The “Tasuki Gap” candlestick pattern appears during an ascending or descending tendency (bullish or bearish respectively) and predicts its further development. Excellent addition to the pattern is technical analysis.

Before using the pattern in real trading, one should learn past statistics and historic records and practice on a demo account.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team
 

RoboForex Contest

Active Trader
Jun 1, 2020
181
0
32
54
www.contestfx.com
Dear traders!

This week, the ContestFX project will, as usual, continue with the following exciting competitions on demo accounts:

The 127th competition of "Demo Forex" is approaching its end.
The 333rd competition of "Week with CFD" has just kicked off.
466th competition of "Trade Day" will start on 27.10.2021 at 12:00.
382nd competition of "KingSize MT5" will start on 28.10.2021 at 20:00.

We remind you that to participate in our competitions, it is enough to go through a simple registration procedure, and then you'll have the opportunity to take part in any of them in just a couple of mouse clicks.

We're looking forward to your joining in and wish you good luck!

Sincerely,
RoboForex Contest
 
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Vlad RF

Active Trader
Aug 5, 2019
518
0
37
44
How to Use the Current Ratio Multiplier for Stock Analysis

Author: Maks Artemov

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Dear Clients and Partners,

The Current Ratio multiplier (or Liquidity Ratio) shows a company's or corporation’s ability to pay short-term obligations due within one year. The multiplier is calculated as Current assets/Current liabilities for a particular period of time.

Current Ratio is used by investors, companies’ top management and analysts for both assessing investment attraction of an organization and practical understanding whether a company can satisfy its current debts and other payables.

When a company’s activities result in fewer funds on its balance sheet than required for the performance of financial obligations to creditors or suppliers, then the current liquidity implies the impossibility of debt compliance.

If the situation is reversed and a company has more money on its balance sheet than necessary for paying all its debts and liabilities, its profit significantly decreases because a company keeps the money on its accounts instead of realizing what is earned. In a perfect world, the current liquidity of a company should be balanced.

Calculating the Current Ratio multiplier

Like all other multipliers, Current Ratio for public companies can be found on the Internet, so there is no need to calculate it manually. All you have to do is specify a required value in the stock screener and get the results.

An example from a popular resource finviz.com:

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However, for illustrative purposes, let’s look at the Current Ratio calculation formula:

Current Ratio = Current assets / Current liabilities

  • Current assets are the funds involved in a company’s operations and activities that are liquidated during the year (12 months). An increase in assets ratio contributes to a company’s capital turnover. A sudden increase in operating assets may be caused by ineffective activities of a company and lead to, for example, a surplus of products at stock. According to another term, Current assets are just short-term assets because of their quick usage.
  • Current liabilities are a company’s total liabilities to be liquidated within 12 months using current assets only.
The result of this operation (Current assets / Current liabilities) is Current Ratio.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team
 

Vlad RF

Active Trader
Aug 5, 2019
518
0
37
44
RoboForex: changes in trading schedule (revert to Standard Time and Unity Day)

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Dear Clients and Partners,

We’re informing you that on October 31st, 2021, European countries will revert from Daylight Saving Time to Standard time. In the USA, the same will happen on November 7th, 2021. As a result, there will be some changes in the trading schedule*.

In addition to that, due to the public holiday in Russia, Unity Day, USDRUB will be traded according to the changed schedule on November 4th, 2021.

MetaTrader 4 / MetaTrader 5 platforms

Schedule for trading on Metals (XAUUSD, XAGUSD)
  • From 1 to 5 November 2021, trading on Metals will be opened and closed 1 hour earlier than usual (server time).
    Trading session (server time): 12:05 AM - 10:59 PM.
  • Starting 8 November 2021, Metals will be available for trading within the operating range of the contract specifications.
Schedule for trading CFDs on US indices
  • From 1 to 5 November 2021, trading on CFDs on US indices will be opened and closed 1 hour earlier than usual (server time).
    Trading session (server time): 02:00 AM - 10:15 PM.
  • Starting 8 November 2021, CFDs on US indices will be available for trading within the operating range of the contract specifications.
Schedule for trading CFDs on oil (Brent and WTI)
  • From 1 to 5 November 2021, trading on CFDs on Oil will be opened and closed 1 hour earlier than usual (server time).
    Trading session (server time): 02:00 AM - 10:15 PM.
  • Starting 8 November 2021, CFDs on Oil will be available for trading within the operating range of the contract specifications.
Schedule for trading CFDs on US stocks
  • From 1 to 5 November 2021, trading on CFDs on US stocks will be opened and closed 1 hour earlier than usual (server time).
    Trading session (server time): 03:31 PM - 09:59 PM.
  • Starting 8 November 2021, CFDs on US stocks will be available for trading within the operating range of the contract specifications.
Schedule for trading on USDRUB
  • Starting 1 November 2021, the USDRUB currency pair will be traded according to a new schedule.
    Trading session (server time): 09:00 AM - 5:30 PM.
  • 4 November 2021 - no trading.
  • 5 November 2021 - trading starts as usual.

R StocksTrader platform

Schedule for trading on US stocks, CFDs on US stocks, ETFs, and CFDs on ETFs
  • From 1 to 5 November 2021, trading will be opened and closed 1 hour earlier than usual (server time).
    Trading session (server time): 03:30 PM - 10:00 PM.
  • Starting 8 November 2021, the above-mentioned instruments will be available for trading within the operating range of the contract specifications.
Schedule for trading CFDs on US indices (US30, US500, NAS100)
  • From 1 to 5 November 2021, trading will be opened and closed 1 hour earlier than usual (server time).
    Trading session (server time): 09:00 AM - 10:00 PM.
  • Starting 8 November 2021, the above-mentioned instruments will be available for trading within the operating range of the contract specifications.
Schedule for trading CFDs on Metals (XAUUSD, XAGUSD)
  • From 1 to 5 November 2021, trading on Metals will be opened and closed 1 hour earlier than usual (server time).
    Trading session (server time): 12:05 AM - 10:59 PM.
  • Starting 8 November 2021, Metals will be available for trading within the operating range of the contract specifications.
Schedule for trading CFDs on oil (BRENT.oil and WTI.oil)
  • From 1 to 5 November 2021, trading on CFDs on Oil will be opened and closed 1 hour earlier than usual (server time).
    Trading session (server time): 02:00 AM - 10:15 PM.
  • Starting 8 November 2021, CFDs on Oil will be available for trading within the operating range of the contract specifications

cTrader platform

Schedule for trading CFDs on Metals (XAUUSD, XAGUSD)
  • From 1 to 5 November 2021, trading on Metals will be opened and closed 1 hour earlier than usual (server time).
    Trading session (server time): 12:05 AM - 10:59 PM.
  • Starting 8 November 2021, Metals will be available for trading within the operating range of the contract specifications.
Schedule for trading on USDRUB
  • Starting 1 November 2021, the USDRUB currency pair will be traded according to a new schedule.
    Trading session (server time): 09:00 AM - 5:30 PM.
  • 4 November 2021 - no trading.
  • 5 November 2021 - trading starts as usual.
Please, note that on 5 November 2021, trading on all instruments in all platforms will be closed at 11:00 PM server time.

In addition to that, from 1 to 5 November 2021, the bank rollover time will be from 10:45 PM to 11:15 PM server time. This might lead to short-term interruptions in quoting and significant widening of spreads.

Please, take into account these changes in schedule when planning your trading activity.

* - This schedule is for informational purposes only and may be changed.

Sincerely,
RoboForex team
 

RoboForex Contest

Active Trader
Jun 1, 2020
181
0
32
54
www.contestfx.com
Dear traders!

In the first week of November, the RoboForex company's project called ContestFX is waiting for everyone to participate in the following competitions:

The 128th competition of "Demo Forex" and 334th competition of "Week with CFD" have just started.
At 12:00, November 3rd, 2021, the 467th competition of "Trade Day" begins.
At 20:00, November 4th, 2021, the 383rd competition of "KingSize MT5" begins.

All of our winners receive funds as a reward to their real trading accounts and they can use them to perform trading operations in the Forex market without investing their own savings required as an initial deposit.

Don't miss your chance to be one of them!

Sincerely,
RoboForex Contest
 

Vlad RF

Active Trader
Aug 5, 2019
518
0
37
44
RoboForex improves trading conditions and opportunities for its clients

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Dear Clients and Partners,

The company is constantly working on the optimization and the improvement of our products, so we’re pleased to inform you about the result of the work we have conducted:
  • Order execution is now faster.

  • Swaps are better.

  • Spreads are lower.
12 new cryptocurrencies are already available for trading

Also, RoboForex has expanded the list of trading assets by adding 12 popular digital currencies: Bitcoin Cash, Cardano, Chainlink, Cosmos, Dogecoin, Litecoin, Monero, Polkadot, Ripple, Solana, Stellar, TRON.

Our clients can now trade 16 cryptocurrency instruments with the best conditions:
  • 24/7 trading.

  • Leverage up to 1:50.

  • Deposits from $10.
New instruments are already available in MetaTrader 4, MetaTrader 5, and R StocksTrader. More detailed trading conditions for all types of accounts can be viewed on the "Contract specifications" page.


We continue our systematic work on the company’s products from the perspective of our clients and try to provide them with the best trading conditions, a wide range of instruments, and consistently high quality of services.

Sincerely,
RoboForex team
 

Vlad RF

Active Trader
Aug 5, 2019
518
0
37
44
What are Forex Cent Accounts Needed For?

Author: Victor Gryazin

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Dear Clients and Partners,

In this article, we will review cent accounts and what they are needed for. Such accounts let beginners dive in real trading with minimal expenses and experienced traders – test their trading strategies or robots, as well as some psychological relief.

What is a cent account?

A cent account in Forex is a trading account provided by the broker; the balance is measured in the base currency (US Cent, EU Cent, etc.) denominated 100 times. Trading conditions on cent accounts are almost the same as on real ones. You only need to deposit it for 10 USD to get a 1,000 US Cent deposit.

The Cent account type is widely used for market beginners and those traders who practice or want to test a certain strategy in real market conditions with smallest expenses.

A cent account is always a transition point between a demo account and a classic one, the first step to real trading with a decreased risk. If, for example, a trader wants to work with a capital of 10,000 USD, they only need 100 USD to open a 10,000 US Cent account.

What are cent accounts used for?

Whether one needs a cent account or not, this is always for each trader to decide. One needs it for practicing for real with minimal risks, another – as an account for making unsystematic emotional trades. Let us focus on the main reasons for using cent accounts.

Test trading

This must be the most widespread reason for using cent accounts. Beginners practice their skills on demo accounts, but as long as money is virtual there, they do not include one of the main aspects of trading – the psychological one. Hence, for further development, they need to switch to a real account, and a cent one is a great choice. It allows getting real trading experience and check the working ability of their trading system with minimal expenses.

They can just keep in mind the capital that they plan to use in the market. For example, to check the abilities of a capital of 5,000 USD, they can open a cent account and deposit it for 50 USD to get a 5,000 US Cent capital. As a result, the trader can fully test their strategy on this deposit, risking 50 USD at worst. However, their profit will also be in cents, not in dollars.

In such cases, the trader’s task is not to make a large profit but to train their skills and develop psychological stability. After the trader makes sure their trading is stable (they get a positive result over a reporting period: quarter, semester, year), they may switch to a real trading account.

Psychological vent

Another reason for using cent accounts is making emotional trades that go counter your trading rules. For example, you see on the chart that after some important fundamental news there is a strong active movement. You are sure that a mighty impulse will follow but your trading system does not give any signals in this direction. You want to open a position but this is against your rules, right?

Read more at R Blog - RoboForex

Sincerely,
RoboForex team
 

RoboForex Contest

Active Trader
Jun 1, 2020
181
0
32
54
www.contestfx.com
Dear traders!

This week, the ContestFX project offers you the following competitions on demo accounts:

The 128th competition of "Demo Forex" is running its second week.
The 355th competition of "Week with CFD" has kicked off today.
468th competition of "Trade Day" will start on 10.11.2021 at 12:00.
384th competition of "KingSize MT5" will start on 11.11.2021 at 20:00.

If you want to participate in our competitions, just go through a simple registration procedure only once. With the funds received as a prize, you can perform trading operations on the Forex market without investing your own financial resources required as an initial deposit.

We wish good luck to all of you!

Sincerely,
RoboForex Contest
 

Vlad RF

Active Trader
Aug 5, 2019
518
0
37
44
Company Makes a Spin-Off: What Does Investor Do?

Author: Maks Artemov

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Dear Clients and Partners,

The stock market is full of various events and phenomena, and one cannot always keep an eye on all of them. There are those that must be tracked anyway; you must know how to behave and what to do in certain circumstances.

One such event is called “spin-off”. This article is devoted to it, its influence on the shares of the company and on investors.

What is a spin-off?

Spin-off means that the company splits up, or a branch of its business separates in a separate structure. In other words, the main (parent) company opens a subsidiary and hands over a part of its assets and liabilities, opening a separate legal entity. The parent company, simultaneously, preserves it legal entity.

This event must not be mixed up with opening a new company at the expense of founders and investors.

An example of a spin-off

Let us take an imaginary business as an example.

Company SSS makes construction materials, gradually extending its product line. A bit later the company offers a whole assortment of such products and takes up its niche in the market.

In such circumstances, the management becomes more and more ambitious, craving for development, and decides to carry out a spin-off. Thus the management aims at taking up another niche, namely, construction and installation works.

SSS is a public company with shares in free turnover. At the general meeting of shareholders, they decide to create a subsidiary SSS-1 that will work in the new niche. They also decide upon allocating money for this and all organizational issues. This is quite a lengthy process that can take from six months to a year.

The conditionally new company acquires some assets and liabilities of the company, issues shares, and sets up its primary cost. As a result, all shareholders of the initial company acquire some new share.

This happens at the exchange rate, which is a ratio of the new shares to the share price of the parent company. This will depend on the decision made at the meeting of shareholders.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team
 

Vlad RF

Active Trader
Aug 5, 2019
518
0
37
44
MACD + ADX Trading Strategy

Author: Andrey Goilov

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Dear Clients and Partners,

The name of the article clearly indicates that the latter is devoted to a strategy that uses two indicators: ADX and the MACD oscillator. To be short, I will be calling it MACD+ADX. Some say that a trend indicator alongside an oscillator is the most efficient combo.

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The strategy is meant for day charts of currency pairs, which means less time spent on graphic analysis than with shorter timeframes. Any of these three pair suits the strategy: EUR/USD, GBP/USD, AUD/USD. Experienced investors stick to these ones because majors have more predictable behavior, and tech analysis works much better on them.

In the article I will show you how to combine signals from the two indicators correctly and will reveal some nuances and rules of work by the strategy..

MACD+ADX description

To open a position, start by analyzing the activity of ADX with period 16. Make sure you choose correct settings when adding the indicator to the trading terminal.

Signals in the strategy do not differ from "classic" ADX signals. As you know, the author claims that a crossing of +Di and -Di as it is already gives a market entry signal. For example, if +Di crosses -Di from below, this is a signal to buy, and if -Di crosses +Di from above, this signals to sell.

+Di and -Di show the difference between today's and yesterday's high and low. So in the first case, when +Di goes up, the trend must be ascending because today's highs are higher than yesterday's. Hence, buying is the best option in such circumstances. Meanwhile, when -Di values go down, we can conclude there is a bearish impulse and get prepared for selling.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team
 

RoboForex Contest

Active Trader
Jun 1, 2020
181
0
32
54
www.contestfx.com
Dear traders!

This week, the RoboForex company project called ContestFX is waiting for you in the following competitions:

The 128th competition of "Demo Forex" has gained "full speed".
The 336th competition of the "Week with CFD" has just kicked off.
At 12:00, November 17th, 2021, starts the 469th competition of the "Trade Day".
At 20:00, November 18th, 2021, starts the 385th competition of "KingSize MT5".

We remind you that all winners of our demo competitions receive funds to their real trading accounts as a reward, so they can make more money at the Forex market and withdraw the profits without any restrictions.

Take your chance to be one of them!

Sincerely,
RoboForex Contest
 

Vlad RF

Active Trader
Aug 5, 2019
518
0
37
44
How to Trade EUR/GBP?

Author: Igor Sayadov

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Dear Clients and Partners,

There are eight currencies in the world, recommended by the International Monetary Fund (IMF) for storing gold reserves. They would be:

1. USD – US dollar
2. EUR – euro
3. GBP – Great Britain pound
4. AUD – Australian dollar
5. NZD – New Zealand dollar
6. CAD – Canadian dollar
7. CHF – Swiss franc
8. JPY – Japanese yen.

The pairs constituted by 7 main currencies against the US dollar are called majors: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/CAD, USD/JPY, USD/CHF.

All other pairs traded in Forex that do not include the USD are called cross-rates.

Majors make up for 70% of all daily turnover in Forex; cross-rates make up for the remaining 30%. While among majors, the most widely used is EUR/USD, among cross-rates, EUR/GBP is the most popular one.

This article is devoted to this currency pair, its history and peculiarities, and trading strategies that suit it.

Short history of EUR/GBP

The EUR/GBP pair appeared right after the European Union was formed because it was necessary to establish trade relations between the two largest economies in Europe. Britain entered the EU in 1998, keeping its own currency and credit and monetary policy.

In 2016, the country decided to exit the EU. Brexit, which used to be the main source of talks before the coronavirus, came into force in 2020. Naturally, such dramatic changes affected the cross-rate of EUR/GBP.

On MN, we can see an uptrend coming to an end in 2016 and a consolidation range form at this high until 2020. After Britain signed an agreement about its final exit from the EU, the quotations started a new wave of decline.

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What influences EUR/GBP quotations

EUR/GBP is neutral to the US economy and performs no stunts characteristic of other pairs when some important news in the USA emerge.

This pair mostly reacts to inflation data in the EU and Britain. Also, check the pair when the ECB and Bank of England change interest rates.

As a rule, cross-rates react to such events by long-term trends. So, before such news emerge, single out a consolidation area and wait for exiting these areas by the trend.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team
 

Vlad RF

Active Trader
Aug 5, 2019
518
0
37
44
What is Depth of Market and How Does It Work?

Author: Victor Gryazin

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Dear Clients and Partners,

What is DOM?

DOM (Depth of Market, a.k.a. Level 2, Order Book) is a list of current orders to sell and buy a certain trading instrument, presented as a handy table. It demonstrates prices that market players offer at the moment. DOM shows the actual balance of sellers and buyers and thus serves a handy instrument for traders and investors.

Stock market, in essence, is an auction in which sellers and buyers participate. For example, you want to buy 10 stocks at a price you set yourself. Your order gets into DOM, and if your price is close to the current market price, a seller will appear quite soon. However, if there are people in the market who want to buy the stocks at a higher price, you will need to wait until their orders are executed.

What does DOM look like?

Classic DOM is divided into two columns: in the left one prices and volumes of buyers (the number of lots) are presented; in the right one there are prices and volumes of sellers. The difference between the nearest orders to buy and sell is the current spread.

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The look of DOM depends on the trading terminal you use but general parameters are the same. Normally, orders to sell are at the top and orders to buy are at the bottom. DOM cannot accommodate for all orders placed by buyers and sellers real-time online. Hence, it shows online those orders that are the closest to the current market price.

They are what form the so-called DOM. For example, if DOM is 20*20, the table consists of 20 nearest buy prices and 20 nearest sell prices. This is quite a wide-spread look of DOM that brokers use. However, you can customize it in the trading terminal settings.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team
 

Vlad RF

Active Trader
Aug 5, 2019
518
0
37
44
RoboForex: upcoming changes to the trading schedule in view of Thanksgiving holiday in the US

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Dear Clients and Partners,

We are informing you that due to the Thanksgiving national holiday in the US, there will be some changes to the trading schedule*.

MetaTrader 4 / MetaTrader 5 platforms

Schedule for trading on CFDs on oil (WTI, Brent), Metals (XAUUSD, XAGUSD), CFDs on US indices (US500Cash, US30Cash, USTECHCash), and Japanese index JP225Cash
  • 25 November 2021 – trading stops at 7:40 PM, server time.
  • 26 November 2021 – trading stops at 8:00 PM, server time.
Schedule for trading on CFDs on US stocks
  • 25 November 2021 – no trading.
  • 26 November 2021 – trading stops at 8:00 PM, server time.

R StocksTrader platform

Schedule for trading on US stocks, CFDs on US stocks, US indices, and ETFs
  • 25 November 2021 – no trading.
  • 26 November 2021 – trading stops at 8:00 PM, server time.
Schedule for trading on Metals (XAUUSD, XAGUSD) and CFDs on Crude Oil (BRENT.oil, WTI.oil)
  • 25 November 2021 – trading stops at 7:40 PM, server time.
  • 26 November 2021 – trading stops at 8:00 PM, server time.

cTrader platform

Schedule for trading CFDs on Metals (XAUUSD, XAGUSD)
  • 25 November 2021 – trading stops at 7:40 PM, server time.
  • 26 November 2021 – trading stops at 8:00 PM, server time.
Please take note of the above trading schedule changes when planning your trading activity.

* - This schedule is for informational purposes only, and may be subject to further change.

Sincerely,
RoboForex team
 

RoboForex Contest

Active Trader
Jun 1, 2020
181
0
32
54
www.contestfx.com
Dear traders!

This week, the ContestFX project invites everyone to take part in the following competitions:

The 128th competition of "Demo Forex" has been running since the beginning of the month.
The 337th competition of "Week with CFD" has just kicked off today.
470th competition of "Trade Day" will start on 24.11.2021 at 12:00.
386th competition of "KingSize MT5" will start on 25.11.2021 at 20:00.

To participate in any of the competitions of your choice, it is enough to go through a simple registration procedure just once, and then access to a chosen competition will be available in just a couple of mouse clicks.

We're looking forward to seeing you on our website and wish you good luck!

Sincerely,
RoboForex Contest