RoboForex - www.roboforex.com

[Vlad RF]

RoboForex: changes in trading schedule (Holidays in the USA and the UK)

Dear Clients and Partners,​

We’re informing you that due to public holidays in the USA, Memorial Day, and the United Kingdom, Late May Bank Holiday, several instruments will be traded according to the changed schedule*.

MetaTrader 4 / MetaTrader 5 platforms

Trading schedule on Metals (XAUUSD and XAGUSD), US indices (US30Cash, US500Cash, and USTECHCash), the Japanese index J225Cash, and CFDs on oil (Brent and WTI)

• May 31st, 2021 – trading stops at 7:40 PM server time.
• June 1st, 2021 – trading starts as usual.

Trading schedule on CFDs on US stocks

• May 31st, 2021 – no trading.
• June 1st, 2021 – trading starts as usual.

Trading schedule on CFDs on Russian GDRs

• May 31st, 2021 – no trading.
• June 1st, 2021 – trading starts as usual.

R Trader platform

Trading schedule on US stocks and ETFs

• May 31st, 2021 – no trading.
• June 1st, 2021 – trading starts as usual.

Trading schedule on CFDs on German, Austrian, Danish, Norwegian, and France stocks

• May 31st, 2021 – no trading.
• June 1st, 2021 – trading starts as usual.

Trading schedule on CFDs on US stocks and ETFs

• May 31st, 2021 – no trading.
• June 1st, 2021 – trading starts as usual.

Trading schedule on CFDs on US indices (US500, US30, and NAS100) and the Japanese index JPY225

• May 31st, 2021 – no trading.
• June 1st, 2021 – trading starts as usual.

Trading schedule on CFDs on the UK100 index

• May 31st, 2021 – no trading.
• June 1st, 2021 – trading starts as usual.

Trading schedule on CFDs on UK stocks

• May 31st, 2021 – no trading.
• June 1st, 2021 – trading starts as usual.

Trading schedule on Metals (XAUUSD and XAGUSD) and CFDs on oil (WTI.oil, BRENT.oil)

• May 31st, 2021 – trading stops at 7:40 PM server time.
• June 1st, 2021 – trading starts as usual.

cTrader platform

Trading schedule on Metals (XAUUSD and XAGUSD)

• May 31st, 2021 – trading stops at 7:40 PM server time.
• June 1st, 2021 – trading starts as usual.

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

* – This schedule is for informational purposes only and may be changed by the provider.

Sincerely,
RoboForex team

 

[Vlad RF]

How to Trade the GBP/USD Currency Pair?

Author: Igor Sayadov

Dear Clients and Partners,​

GBP/USD (Great Britain pound vs US dollar) is a major currency pair, which means it is one of the main and liquid Forex assets alongside EUR/USD, USD/CHF, AUD/USD, USD/JPY, and others. There is evidence that it takes from 12% to 17% of the total market trade turnover.

The base currency is the British pound and the quote one – the US dollar. This means that when the pair is growing, the pound is getting stronger while the USD is weakening.

Many call the British pound one of the most aggressive currencies in the financial market, and this is what creates high volatility in the pair. The behavior of these quotations is often unpredictable; they create a lot of false breakaways of support/resistance levels on the chart.

In this article, we will speak in more detail about the history of the pair, describe the factors that influence its behavior, and suggest a simple trading strategy.

Short history of GBP/USD

The full name of the British national currency is the sterling pound. The history of the currency dates back to the year 775. As long as the relationship between Britain and its colonies was developing, the necessity to pay for goods and overseas transportation emerged.

One version of where the name “sterling pound” comes from the method of coinage at those times. They used silver, and 1 pound of silver produced 240 coins. They started being called “sterling”, and this term was officially accepted for the currency in 1694.

As for the GBP/USD pair, its second non-official name – Cable – is derived from a real cable stretched along the bottom of the Atlantic Ocean for uninterrupted exchange of the pair’s quotations.

Now let us switch from history to the meat.

What does influence the GBP/USD quotations?

The main driver of GBP/USD behavior is macroeconomic data and indices from Great Britain. However, there are two more factors

• The general situation in the currency market
• The difference between interest rates in Great Britain and the USA.

The credit and monetary policy of the Central bank of England is the key element that forms the pound quotations in the world currency market. After Brexit, the CB took some measures for the stabilization and restoration of the GBP rate in the global market, which are still active.

The main “leverage” of the BoE for controlling the GBP rate is the interest rate decisions. When the rate increases, the pound gets stronger. When the rate declines, the British currency weakens.

Other economic events from the Foggy Albion influence the GBP/USD rate as well. Among them such things as:

• GDP information, published once in 3 months;
• The Consumer Price Index. It demonstrates the inflation rate that directly influences the decision on the key interest rate;
• The number of unemployment claims;
• The PMI.

How to trade GBP/USD?

To work successfully with the pair, you need to figure out and understand its peculiarities, including the period of its peak activity.

The average daily volatility level is 100-140 points. Trade is most active during the American and European trading sessions.

To trade GBP/USD, any type of analysis and signals will do – from simple fundamental analysis to technical indicators.

The most passive period for the pair is the Asian session (because in Europe, it is night) – at that time, volatility remains within 30 points.

Most often, the British pound behaves unpredictably and/or ambiguously: it might drop when everyone expects growth, and vice versa. The price might react to some news immediately but also might lag and do it gradually.

Trading GBP/USD by fundamental analysis

We have already discussed the main economic events that influence the currency pair. The trader only needs to check the economic calendar accurately and remain in course of the main economic events from Great Britain and the USA.

The high volatility of the pair might further increase when certain economic news is published; at such times, be extra attentive and do not dismiss the idea of using Stop Losses. To trade GBP/USD by fundamental analysis you can use both short-term (intraday) and medium-term strategies.

Example

Check the chart of the pair at the moment when Brexit was announced on June 23rd 2016.

The falling started right after the referendum and lasted for 3 months. The market slumped by over 4,000 points.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team

 

[RoboForex Contest]

Dear traders!

This week, RoboForex's project called ContestFX offers you the following competitions on demo accounts:

The 122nd competition of "Demo Forex", which is ending in May.
The 312th competition of "Week with CFD" has started today.
445th competition of "Trade Day" will start on 02.06.2021 at 12:00.
361st competition of "KingSize MT5" will start on 03.06.2021 at 20:00.

It's not necessary to invest your personal savings in Forex trading - to receive funds as a reward to your real trading account, it's enough to become one of the winners of our competitions and start earning by using them.

Do not miss your chance!

Sincerely,
RoboForex Contest

 

[Vlad RF]

How to Use MyFxBook for Trading in Forex

Author: Andrey Goilov

Dear Clients and Partners,​

Not every trader analyzes their work, thus depriving themselves of a good way to improve their trading results. Experienced market players insist on scrutinizing every trade; however, this is hard to do without special programs.

Unfortunately, even MetaTrader 4 does not store the whole history of trades, though it would be quite useful to assess your profitability month by month on different stages of the market. Many make substantial money on the growing market, for example, while the falling market yields them less success.

MyFxBook is an online platform meant for mathematical and statistical analysis of the trader’s account. Results of analysis can later be shared.

In this article, I describe the opportunities provided by MyFxBook, as well as explain how to add the service to your trading platform and analyze your results.

Why is MyFxBook good for a trader?

First of all, by analyzing their trading history with a vast range of MyFxBook functions, the trader gets:

• An assessment of their overall profitability in percent. They can also assess their daily or weekly profitability depending on their needs, and set up a corresponding profitability chart.
• A drawdown assessment in percent with a chart, representing the periods of the deepest slumps.
• Additional indices of profitability, including average profit/loss of a period, the best/worst trade of a period.
• Other mathematical values of their trading activity.

After you register on the platform and log your trading account onto it, you may start analyzing trades. In your profile, you will see your daily and weekly profitability, the number of trades a day/week/month/year and their overall volume, the ratio of profitable and losing positions, your profit in points, etc.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team

 

[Vlad RF]

What Is Pairs Trading and How to Use It?

Author: Victor Gryazin

Dear Clients and Partners,​

Pairs trading is a market-neutral trading strategy that implies buying and selling similar (correlating) trading assets simultaneously.

This method is equally valid for the currency, stock, and commodity markets. The hardest part of this method is choosing the type of assets.

In this article, I will tell you about the main principles of pairs trading, describe basic ways of choosing your instruments, and give examples of using the strategy in the real market.

What is the gist of pairs trading?

Pairs trading is a method based on trading two correlating financial instruments simultaneously in opposite directions.

Correlation is a statistical link between two or more values (assets). It can be direct and inverse. In the first case, one asset basically repeats all the movements of the other one. If the correlation is inverse, the charts of two instruments are mirror-like.

As an example of direct correlation, take the behavior of oil prices and stock prices of oil companies. When oil prices grow, stocks also grow. And vice versa: when oil prices are falling, correlation will stay in place, only in the opposite direction.

However, each oil company will grow or fall in its own way, faster or slower. This temporary divergence of prices can be used for pairs trading.

The strategy of pairs trading uses the principle of balance: it presumes that divergences of correlating instruments tend to return to their average values. Such divergences happen after some important fundamental events: changes in interest rates by Central banks, corporate events, etc.

To trade by the strategy, find a highly correlating pair of financial instruments, one of which has grown/fallen compared to the other. We expect the correlation to restore with time, after which you will close the position.

How to choose instruments for pairs trading?

Choosing assets for this strategy implies using fundamental and technical analysis, as well as statistical calculations. On the whole, you can start to look for instruments for pairs trading among:

• The stocks of companies of one market sector;
• Contracts for similar instruments: Brent and WTI oil, gold and silver, etc.
• Interconnected currencies.

A popular way to evaluate interconnection of two instruments is Pearson’s correlation coefficient. The higher it is, the more it is possible that they will be moving in one direction. Also, we use the notion of cointegration, which is a statistical property of two or more variables that demonstrates the stability of their interrelation.

In this article, I will try not to overwhelm you with mathematical calculations, opting for choosing the assets by graphic analysis. However, mind that this is just one way of choosing instruments for graphic trading, and not the most precise one.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team

 

[RoboForex Contest]

Dear traders!

At the very beginning of summer, the ContestFX project invites you to participate in our regular demo competitions:

The 123rd competition of "Demo Forex" and 313th competition of "Week with CFD" have just started.
446th competition of "Trade Day" will start on 09.06.2021 at 12:00.
362nd competition of "KingSize MT5" will start on 10.06.2021 at 20:00.

We remind you that in order to participate in any of the competitions, it is enough to register on our site and join the competitions you like in a couple of mouse clicks. You'll become a contender for solid cash prizes and receive them to your real trading account in case of victory.

Join us, it won't be boring!

Sincerely,
RoboForex Contest

 

[Vlad RF]

How to Diversify Your Trading Portfolio? Basic Approach

Author: Maks Artemov

Dear Clients and Partners,​

Trading in financial markets can bring profit and losses in turns. There are plenty of reasons for losing money, starting with unpredictable behavior of assets and through an unwisely collected portfolio. This article is devoted to the latter reason, discussing basic approaches to diversifying your portfolio for decreasing risks and getting the maximum from the market.

We all know the saying: “Never put all the eggs in one basket”, and it perfectly describes the danger of undiversified portfolios. Putting all the eggs in one basket here means investing everything in one instrument and waiting for a profit. Practice shows that this strategy does not always work.

What is diversification?

In investment, diversification means distributing your investment capital among various financial instruments to decrease risks and increase profit. This approach helps to compensate for possible losses that emerge from a decline of one of your instruments by making a profit on your other instruments.

Until the 1950s, diversification principles in the stock market were limited by fundamental analysis (Graham and Dodd’s theory): people chose investment options by studying the business of issuers, almost neglecting risks.

In 1952, in the Journal of Finance there was published an article on collecting an investment portfolio by a young postgraduate Harry Markowitz. His ideas from the article and his PhD thesis became the base for the modern portfolio theory.

Markowitz described a fully mathematical approach to forming an investment portfolio that allows choosing assets based on the profit/risk ratio. In 1990, he won the Nobel prize for his research.
In this article, I will not describe Markowitz’s ideas or the statistical aspect of forming a portfolio because these are the topic for a different, much more detailed talk. Before starting such a talk, you will need to understand the basic principles of diversification to avoid putting all the eggs in one basket already at this stage.

Basic diversification principles for an investment portfolio

In the modern world, all the branches of the economy cannot be growing at once. Hence, investors need to distribute their capital in such a way that in the case of a slump of an asset or group of assets in one sector of the economy the portfolio still generated a profit.

The basic diversification principle presumes distributing your investment capital among the shares of companies from different branches of the economy, as well as among various financial instruments.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team

 

[Vlad RF]

How to Trade with Bulls Power and Bears Power Indicators?

Author: Victor Gryazin

Dear Clients and Partners,​

This article is devoted to using two indicators: Bulls Power and Bears Power – in financial markets. These indicators are meant for measuring the strength of trends.

How do Bulls Power and Bears Power work?

These indicators were created by a famous trader and the author of the book “Elder Triple Screen” Alexander Elder. They help estimate the current power balance of buyers and sellers and catch the moment when bears/bulls are getting weaker. The combination of these indicators is also known as the Elder Ray.

Bulls Power demonstrates the strength of bulls in the market. It compares the highs with the Exponential Moving Average. If the Bulls Power histogram is above zero and growing, this means buyers are holding the price above the EMA, and bulls are now stronger than bears. And vice versa, if the histogram is declining, dropping below zero, this indicates the predominance of bears.

Bears Power, in its turn, demonstrates the strength of bears in the market. It compares the lows with the EMA. If the Bears Power histogram is below zero and declining, this means sellers are holding the price below the EMA, and bears are now stronger than bulls. However, if the histogram starts growing and rises above zero, this means bulls are in control of the market.

In essence, Bulls Power and Bears Power are irregular oscillators. They appear in separate windows under the price chart. They look like bar histograms with the central line at zero. To determine the direction of the active trend, Elder recommends adding to the chart an EMA (13), drawn by close prices.

Installing and setting up the indicators

Bulls Power and Bears Power are included in many popular trading terminals. To install the indicator to the chart of your financial instrument in MetaTrader 4 or MetaTrader 5, go to the Main Menu: Insert/Indicators/Oscillators/Bulls Power and Bears Power.

The formulae of the indicators look as follows:

• Bulls Power = HIGH - EMA (13)
• Bears Power = LOW - EMA (13)

Read more at R Blog - RoboForex

Sincerely,
RoboForex team

 

[RoboForex Contest]

Dear traders!

This week, the RoboForex company's project called ContestFx invites everyone to participate in the following competition:

The 123rd competition of "Demo Forex" is running its second week.
The 314th competition of "Week with CFD" has kicked off today.
447th competition of "Trade Day" will start on 16.06.2021 at 12:00.
363rd competition of "KingSize MT5" will start on 17.06.2021 at 20:00.

If you haven't become a participant in our competitions yet, you need to go through a simple registration procedure just once. After that, any of your desired competitions will be available to you in just a couple of mouse clicks.

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

Sincerely,
RoboForex Contest

 

[Vlad RF]

MACD – Trading the Trend Strategy

Author: Andrey Goilov

Dear Clients and Partners,​

This trading method using Moving Averages works well with strong market movements. You must have already heard that trading the trend usually yields brilliant results; and if you add an oscillator, you get a full-scale trading strategy.

An indicator-based strategy is attractive because it has strict entry and exit rules. And if the trader uses graphic analysis, they usually have to analyze charts looking for price patterns, as well as subjectively evaluate the market situation.

Today, I will be telling you about a strategy used on M30 and H1. It allows placing close Stop Losses and trading intraday.

About the strategy MACD – Trading the Trend

The strategy is based on three Moving Averages, and MAs are the best indicator showing the market trend. Knowing the trend, you will know the direction of your work. As an additional signal source, the MACD is used. The strategy suits GBP/USD, AUD/USD, EUR/USD.

Parameters of the trading strategy

The strategy demonstrates the best results on H1 and M30. To get started, prepare the chart and add some indicators with certain parameters.

• MA (85) is a Linear Weighted MA with period 85, apply to: Low, color: blue.
• MA (75) is a Linear Weighted MA with period 75, apply to: Low, color: dark-blue.
• MA (5) is a Linear Weighted MA with period 5, apply to: Low, color: yellow.
• MACD (15, 26, 1) is the MACD with fast EMA (15), slow EMA (26), MACD SMA – 1.

A signal to buy by the strategy

The main signal to open a trade is a breakaway of the two slow MAs by the fast one, while the MACD will be used as an extra filter. The crossing of two MAs is a simple signal for a change of the trend. In this case, we expect a downtrend to come to an end and an uptrend to start, which means it is time to buy.

The parameters for entering a buying trend are as follows:

1. The MA (5) crosses the MA (85) and (75) from below, signifying a change of the trend.
2. The MACD values are above zero, indicating the presence of an uptrend.

Let us study an example with the currency pair NZD/USD. We see that the price was resting below the slow MAs, indicating a downtrend, but at some point it broke through the MAs, then the fast MA did the same, aiming upwards, indicating a change of a downtrend for an uptrend.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team

 

[Vlad RF]

How to Trade Hanging Man and Inverted Hammer?

Author: Victor Gryazin

Dear Clients and Partners,​

This overview is devoted to two reversal patterns from candlestick analysis — the Hanging Man and Inverted Hammer. Appearing on the chart, the patterns might precede a correction or reversal.

How do the patterns form?

The Hanging Man and Inverted Hammer are candlestick analysis patterns. Candlestick analysis began in Japan, and Steve Nison, famous trader and analyst, became its active apologet. Being informative and very visual, candlestick analysis is fairly popular among traders.

How the Hanging Man forms

The Hanging Man reversal pattern forms at the price's highs after an ascending movent. The pattern looks like a candlestick with a small body (the color does not matter) with a small upper shadow or none at all — and an extremely long lower shadow, at least double the size of the body. The Japanese must, indeed, have seen the figure of a hanged person in this pattern and thus gave it such a grave name.

The idea of the Hanging Man is as follows. At some point, a massive sale of the asset happens; then buyers try to get the quotations back to the highs, which is indicated by the long lower shadow. A dubious moment comes: bears are active and ready to counter-attack but bulls still have the vigor and hope to win the battle.

The clue to who will win is the manner in which the candlestick following the Hanging Man closes. If this is a bearish candlestick with the close price below the Hanging Man's body, this means the reversal pattern has formed fully, so we may count on further falling. Otherwise, if bulls manage to close the day in their own favor, the pattern is not considered confirmed: the reversal signal is canceled, and the uptrend is likely to continue.

How the Inverted Hammer forms

The Inverted Hammer reversal pattern is a mirror reflection of the Hanging Man. It appears at the lows of the price chart in a downtrend. The pattern is a candlestick with a modest body (the color does not matter), with a small lower shadow or no shadow at all — and a very long upper shadow, at least twice as long as the body. It resembles a hammer with its handle looking up, which, naturally, gave the pattern its name.

The pattern works the following way. In a downtrend, active buying bursts out at some point, which is confirmed by the long upper shadow of the candlestick. The market becomes uncertain: bulls try to capture the in

Read more at R Blog - RoboForex

Sincerely,
RoboForex team

 

[Vlad RF]

RoboForex receives the “Best Mobile Trading App (Global)” Award from "Global Forex Awards 2021 - B2B"

Dear Clients and Partners,​

RoboForex has won a prestigious annual award from Global Forex Awards 2021 - B2B in the “Best Mobile Trading App (Global)” nomination. The winners were announced on June 4th, 2021. We’d like to thank everyone who voted for us!

We realize that in the modern world many traders appreciate mobility and the opportunity to trade not only from their desktop computers but also using smartphones at any time and any place. Therefore, we continue developing this area and try to make our application, R MobileTrader, better and more comfortable for our clients every year.

R MobileTrader is a comprehensive mobile workstation for traders with a set of intuitive management tools, access to analytics and forecasts, the opportunity to perform trading operations, deposit and withdraw funds. In case the clients have any questions, they can contact our multilingual 24/7 Live Support through the application at any moment.

​

Start trading through the best application according to "Global Forex Awards 2021 - B2B" right now and see for yourself that it's worth this title!

​

Sincerely,
RoboForex team

 

[RoboForex Contest]

Dear traders!

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

The 123rd competition of "Demo Forex" has gained "cruising speed".
The 315th competition of "Week with CFD" has just started.
At 12:00, June 23rd, 2021, starts the 448th competition of "Trade Day".
At 20:00, June 24th, 2021, starts the 364th competition of "KingSize MT5".

We remind you that by winning in our competitions, any of you can become the owner of the prize received to your real trading account, using which you'll be able to make a profit in the Forex market without investing your personal savings required as an initial deposit.

If you want to be one of them, don't miss your chance!

Sincerely,
RoboForex Contest

 

[Vlad RF]

How to Trade in Forex during Crises?

Author: Maks Artemov

Dear Clients and Partners,​

In times of crises in the gloval or local economy, traders have only questions: how to trade and make money? Should one pay attention to currency pairs — or invest in protective assets, such as gold, right away? Which trading strategies to use?

Before answering these questions, let me remind you that Forex, unlike, other markets, always feature liquidity and volatility. If the stock market might be experiencing certain lull, currency pairs keep trading all the time, and in crises, they are almost always in trends (ascending or descending). However, even this rule has exceptions.

The next idea should neither be news to you: trading in crises, especially in a highly volatile market, implies increased risks. They will also be touched upon in this article.

And now let us look at some examples of how crises can influence currency prices and how we can use it in trading.

Types of crises and examples of trading

A crisis can emerge at the global level (the COVID-19 pandemic is a good example) as well as at the local one. One example of the latter type is natural disasters.

Such events cause damage to the infrastructure and people's homes, goods supply, transport, and manufacturing. As a rule, the country becomes unable to produce and export goods because it spend all of its resources on recovery.

In most cases, the country's national currency starts falling. This gives a chance to sell pairs containing this currency. However, the beginning of such falling, not to mention its end, is rather hard to predict. The currency might even not react to the natural disaster.

Let us look at the example of AUD/USD and GBP/USD during floods in Australia and Great Britain in March and June 2012. While the Australian dollar demonstrated a serious slump, the pound remained in a flat.

AUD/USD chart during the flood in Australian in March, 2012

GBP/USD chart during the flood in England in June 2012​

The movements of national currencies depend on the scale of the disaster and the country's readiness to cope with the consequences. As seen on the charts below, we cannot always evaluate these factors fully. It seems that in such circumstances, the only reliable strategy is scalping or intraday trading. However, sometimes in crises, the market allows to trade medium and long run. In the end, everything depends on the trader’s ability to assess the macroeconomic situation correctly.

As one example, take the debt crisis of Europe in 2009-2010. The trigger was the economic crisis in Greece, and market panic ragged the common European currency down. At that tie, the euro lost up to 20% of its price.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team

 

[Vlad RF]

How to Become a Day Trader?

Author: Andrey Goilov

Dear Clients and Partners,​

Traders can be compared to drivers: some drive fast, while some move around in no hurry. Beginners face some engine malfunctions in the middle of traffic and freak out when having to drive at the countryside. Some enjoy driving at night while for others, such driving is a challenge.

There are as many trading options as driving experiences in the example above. Some trade intraday, some prefer week charts and wait for their trades for months, while stock investors can wait for their profit for years.

This article is devoted to day traders - those who try to squeeze all the juices out of the market over a short time.

Who is a day trader?

A day trader is a one who makes a lot of trades during the day to make maximum profit on short-term market fluctuations. As a rule, positions are held for several seconds to several hours but are always closed before the end of the day not to transfer risks to the night-time or non-working hours of the platform.

How to become a day trader?

Trading intraday needs knowledge, experience, emotional stability, and the ability to make decisions fast. All this can be acquired with time; however, do not rush at the market right after you learnt some tech analysis or got trained in trading psychology. Only all of these aspects taken together make any sense.

If you want to become a day trader, keep in mind the following:

Practical knowledge

You need an excellent understanding of tech analysis and all instruments used for analyzing graphic patterns, trade volume, and trend direction.

Among the most wide-spread indicators used by short-term traders, there are support/resistance levels, the MACD for divergences, the Moving Average, etc.

Some traders would use ready-made trading systems based on a combination of indicators, while others would trade graphic patterns on small timeframes; a separate category trades based on their experience and instinct.

Day trading: advantages and drawbacks

In the stock market, the advantage of short-term trading is the fact that positions are not influenced by the probability of negative night events that can disturb the price noticeably. Such news might be important profit and losses reports, as well as the information about an increase or decrease in the rating of information agencies. Such news normally emerge before the market opens or after it closes.

Trading currency pairs, the day trader is also insured from drastic price movements against them at night time, when news emerge. The trader's dream will be as calm as ever, and they will not rush at checking the terminal and their trades right upon waking up.

Bottom line

Day trading entails increased psychological load that, however, decreases with time. To be always with a profit, a day trader needs to make a lot of trades every day and trail a lot of trading instruments, have deep knowledge of tech analysis and make trading decisions fast.

Day trading is not a path for beginners, but neither it is an unachievable elite group. Follow its principles, practice on demo accounts, train your psychological stability, and you will succeed.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team

 

[RoboForex Contest]

Dear traders!

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

The 123rd competition of "Demo Forex" has reached the final stage.
The 316th competition of "Week with CFD" has started today.
449th competition of "Trade Day" will start on 30.06.2021 at 12:00.
365th competition of "KingSize MT5" will start on 01.07.2021 at 20:00.

To participate in our free demo competitions, it is enough for you to go through a simple registration procedure, after which participation in any of the chosen competitions will be available to you in just a couple of mouse clicks.

Join us!

Sincerely,
RoboForex Contest

 

[Vlad RF]

How to Trade AUD/USD Currency Pair?

Author: Victor Gryazin

Dear Clients and Partners,​

AUD/USD means the Australian dollar vs the US dollar. It is one of For example majors. This article is devoted to factors influencing the dynamics of AUD/USD quotations and get to know trading methods that suit the pair.

Some history

Australia is a young land discovered by European sailors in the 1600-1700s. In 1770, an English sailor and traveller James Cook research Australia, thus beginning it's colonization by Britain. The first British colony on the continent New South Wales was founded on January 26th, 1788. This day later became a national holiday, the Australia Day.

The Australian dollar, a decimal currency, went in circulation on February 14th, 1966, replacing the duodecimal Australian pound. The introduction of a new national currency was initiated by the CB - the Reserve Bank of Australia. The colloquial words for the AUD are Aussie and the Australian.

The Australian dollar is a popular currency that makes up for 5% of global currency trades. Such popularity can be explained by a rather high interest rate in Australia, free currency market, general stability of the economy and political system.

Trading characteristics of AUD/USD

Trading characteristics of the pair are as follows:

• Trading time: the pair trades all day long except weekend but is more active during the Pacific, Asian, and American trading sessions. At the Pacific and Asian sessions Australia publishes important economic news that can influence the pair, while the activity at the American session is explained by the influence of the USD.
• The volatility of the pair is moderate, mostly showing moves of 50 to 70 points. However, in crises, when stock markets are falling, volatility can increase shortly to 100-200 points a day.
• Spread: the pair is a popular major, and thanks to high demand and liquidity, it has minimal spread. On popular ECN accounts, spread is normally below 1 point.

Which factors influence the AUD/USD quotations?

The dynamics of AUD/USD is some kind of an indicator that compares the US and Australian economies. Here are the facts that have the most influence in the currency pair.

Monetary policies of the RBA and Fed

The policies of the Australian and American Central banks have the biggest influence over the pair. If the RBA decides to start a series of interest rate increases, while the Fed will keep the rate at its usual level, the AUD/USD will have a stimulus to grow. And vice versa: an increase in the rates made by the Fed and the lack of such an increase at the Australian side starts a downtrend in the quotations.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team

 

[Vlad RF]

RoboForex: changes in trading schedule (Independence Day in the USA)

Dear Clients and Partners,​

We’re informing you that on July 5th, 2021 due to the celebration of Independence Day in the USA, there will be some changes in the trading schedule*.

MetaTrader 4 / MetaTrader 5 platforms

Trading schedule on Metals (XAUUSD and XAGUSD), US indices (US30Cash, US500Cash, and USTECHCash), the Japanese index J225Cash, and CFDs on oil (Brent and WTI)

• July 5th, 2021 – trading stops at 7:40 PM server time.
• July 6th, 2021 – trading starts as usual.

Trading schedule on CFDs on US stocks

• July 5th, 2021 – no trading.
• July 6th, 2021 - trading starts as usual.

R Trader platform

Trading schedule on Metals (XAUUSD and XAGUSD) and CFDs on oil (BRENT.oil and WTI.oil)

• July 5th, 2021 – trading stops at 7:40 PM server time.
• July 6th, 2021 – trading starts as usual.

Trading schedule on CFDs on US indices (US30, US500, and NAS100) and the Japanese index (J225Cash)

• July 5th, 2021 – trading stops at 7:40 PM server time.
  July 6th, 2021 – trading starts as usual.

Trading schedule on CFDs on US stocks

• July 5th, 2021 – no trading.
• July 6th, 2021 – trading starts as usual.

Trading schedule on US stocks and ETFs

• July 5th, 2021 – no trading.
• July 6th, 2021 – trading starts as usual.

cTrader platform

Trading schedule on Metals (XAUUSD and XAGUSD)

• July 5th, 2021 – trading stops at 7:40 PM server time.
• July 6th, 2021 – trading starts as usual.

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

* – This schedule is for informational purposes only and may be changed by the provider.

Sincerely,
RoboForex team

 

[RoboForex Contest]

Dear traders!

This week, the ContestFX project invites you to participate in our regular demo competitions:

The 124th competition of "Demo Forex " and 317th competition of "Week with CFD" kicked off on the same day.
450th competition of "Trade Day" will start on 07.07.2021 at 12:00.
336th competition of "KingSize MT5" will start on 08.07.2021 at 20:00.

If you've never participated in our demo competitions, you just need to go through a simple registration procedure, after which participation in any of the chosen competitions will be available to you in just a couple of mouse clicks.

Should you try it? Make up your mind - because you are not risking anything!!

Sincerely,
RoboForex Contest

 

[Vlad RF]

RoboForex: important information regarding NVIDIA stock split on July 20th, 2021

Dear Clients and Partners,​

On July 19th, 2021, NVIDIA Corporation (NASDAQ: NVDA) will have its stock go through a 4 to 1 split.

A stock split is a corporate action, as a result of which the company increases the number of issued shares by a specific multiplier. The value of the portfolio consisting of these shares remains the same.

How it will influence positions and orders?

If you have open positions in NVDA or plan to open such positions, please pay attention to the following changes, which will be effective as of July 20th, 2021:

MetaTrader 4 / MetaTrader 5 real accounts:

• All pending orders (Buy Limit, Buy Stop, Sell Limit, Sell Stop, Buy Stop Limit, Sell Stop Limit, Stop Loss, and Take Profit) in NVDA will be canceled before the trading session starts on July 20th, at 4:31 PM server time.
• The opening price for all positions in NVDA on the account active on July 20th, at 3:00 PM server time will be divided by 4.
• The volume of all open positions in NVDA on July 20th, at 3:00 PM server time will be multiplied by 4.

MetaTrader 4 / MetaTrader 5 demo accounts:

• All pending orders (Buy Limit, Buy Stop, Sell Limit, Sell Stop, Buy Stop Limit, and Sell Stop Limit) in NVDA will be canceled before the trading session starts on July 20th, 4:31 PM server time.
• All open positions in NVDA will be closed before the trading session starts on July 20th.

R Trader accounts

The split procedure will take place on July 20th, at 3:00 PM server time

• During the split procedure, all active pending orders (Buy Limit, Sell Limit, Stop Loss, and Take Profit) in NVDA and NVDA.nq will be canceled.
• The opening price for active positions in NVDA and NVDA.nq opened before July 20th, 3:00 PM server time will be divided by 4.
• The volume of all positions in NVDA opened before July 20th, at 3:00 PM server time will be multiplied by 4.
• If you have at least two open positions NVDA or NVDA.nq in the same direction and on the same account, they will be combined into one new position. This new position will have the opening price and a volume based on an average weighted price of all open positions held before the split.

Pay attention to Expert Advisors (EA)

If you use Exerts Advisors, (EA), we recommend you contact the developers to make sure they will work correctly after the split.

The historical charts of the above-mentioned instruments in your trading terminal will be updated to reflect the new prices. Please, take into account this information when planning your trading activity.

All other aspects of trading conditions shall remain intact.

Sincerely,
RoboForex team