RoboForex - roboforex.com

[Vlad RF]

RoboForex adds several useful improvements and new instruments to R Trader

Dear Clients and Partners,​

We’ve expanded the list of Stocks and CFDs on stocks of American companies available for trading in R Trader, and improved the platform’s functionality. Benefit from all opportunities the updated web terminal has to offer to make your operations with over 12,000 trading instruments more efficient.

More about updates to R Trader:​

1. Over 650 new assets
The list of instruments available for trading has been added with over 650 Stocks and CFDs on stocks of the companies that had their IPOs recently, such as Affirm (AFRM), Airbnb (ABNB), Bumble (BMBL), Coupang (CPNG), Roblox (RBLX). In addition to that, there is an opportunity to invest in SPAC, which has been hyping all over the stock market recently.

2. Corporate actions – right on the charts
Major corporate actions can be now tracked right on the charts. This new feature makes following the news of the companies you’re interested in more convenient.

3. Opportunity to hide accounts
Now you can see only those accounts that are frequently used, while all other accounts can be hidden from the terminal panel. It won’t have any influence on their activity as you can unhide them at any moment and they will be displayed on the screen again.

4. New languages and analytical tools
Within the frameworks of the update, we’ve added such analytical tools as UK Top Losers, Gainers, Volume leaders. Also, the terminal is now available in new languages – Portuguese and Thai.

5. More flexible settings

• History of orders and transactions can be filtered by instruments.
• Server time is now displayed at the bottom of the screen, while the client time – in the “Contract specification” section.
• Watchlists can be now navigated from a keyboard.
• Any indicator or other technical analysis element can be removed with the “Delete” key.

6. Enhanced capabilities of the mobile version

• More convenient Watchlists management.
• New graphs and indicators in Charts.
• Corporate actions

Add new assets to your investment portfolio and benefit from all opportunities of the updated platform to improve your trading results. If you’re unfamiliar with the multi-asset platform, open an account and get access to trading more than 12,000 instruments.

Go to platform​

Sincerely,
RoboForex team

 

[RoboForex Contest]

Dear traders!

This week, the ContestFX project, as usual, invites you to participate in the following competitions:

The 121st competition of "Demo Forex" has entered the third week.
The 306th competition of "Week with CFD" has just started.
439th competition of "Trade Day" will start on 21.04.2021 at 12:00.
355th competition of "KingSize MT5" will start on 22.04.2021 at 20:00.

We remind you that all winners of our demo competitions receive funds as a reward to their real trading accounts and they can use them to start full-fledged trading activities in the Forex market without investing personal savings required as an initial deposit.

Good luck!

Sincerely,
RoboForex Contest

 

[Vlad RF]

How to Use the US Dollar Index (DXY) in Forex Trading?

Author: Victor Gryazin

Dear Clients and Partners,​

In this article, you’ll be introduced to the US Dollar index, which shows dynamic patterns of the American currency and helps to find additional signals for Forex trading.

What is the US Dollar index?

The US Dollar index (DXY or USDX) is an aggregated indicator of the leading global currency cost relative to a basket of other foreign currencies. Technically, the index can be compared with stock indices, such as Dow Jones or S&P 500. Stock indices track the stock market, while DXY shows the USD rate relative to other currencies and its current calculated value.

The US Dollar index started trading in 1973, soon after the dismantling of the Bretton Woods system. Its base value was 100.00. For example, if the index grows up to 110.00, it means that the value of the dollar increased by 10% relative to its base value. Starting from 1973, the index’s high was 160.00, while the year 2008 showed an all-time low at 70.00.

Apart from the major USD Dollar index, there are other indices: the Bloomberg dollar index, the Wall Street Journal dollar index, etc. All of them are be highly correlated to each other and measures the same thing (the US dollar value) but their calculation formulae are quite different, that’s why they show pretty close but not always the same results.

In this article, we’ll talk about the major and classic US Dollar index (DXY). However, the basic idea of any other US Dollar index will be pretty similar.

How to use the US Dollar index in Forex trading?

The US Dollar index is traded on exchanges in the form of non-deliverable contracts – futures and options, but it can also be used for trading on Forex because the USD is a part of major currency pairs. The DXY chart can be found on different analytical resources, for example, tradingview.com. let’s consider three ways of using the US Dollar index of Forex trading:

The US Dollar trend indicator

The US Dollar index is the key indicator that one should pay attention to when trying to define the current dollar tendency. As one can learn from the technical analysis course, “trend is our friend” and it is better to open orders in the direction of an active tendency. So, it is necessary to open the US Dollar index chart and define the current trend direction.

Closing thoughts

The US Dollar index is a very important macroeconomic indicator that reflects the current dynamics of the American currency relative to its base value of 100.00. The index movement is closely watched by many traders, analysts, and economic experts. DXY can be used for defining the current tendency in the US Dollar and finding trading signals on Forex. For trading, one can use significant support and resistance levels, price patterns, Price Action patterns.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team

 

[Vlad RF]

What an NFT is and How One can Make Money on It

Author: Eugene Savitsky

Dear Clients and Partners,​

The stock market is so dynamic that sometimes investors find it difficult to keep track of all tendencies. To avoid such an exhausting race, many of them turn to long-term investments but there are some who always crave adrenaline and try to jump into all possible reckless ventures.

Last week, I wrote an article about SPAС, shares of which skyrocketed by hundreds of percent and now the time has come for Non-Fungible Tokens (NFT).

What is a Non-Fungible Token?

A Non-Fungible Token is a digital unit, which certifies the right of ownership and uniqueness of digital assets. An NFT can also be created for things in the real world.

What is a distinctive feature of an NFT?

Here’s an example: an artist is doing a painting, which can be later photographed and uploaded online. This photograph will be copied by other users in the same quality, in which it was initially uploaded. As a result, it will be difficult to see the difference between the original digital painting and its copy, and the original will be only the painting from the real world.

An NFT allows the creation of a unique code of the painting, which can help to define its original and the true owner in both real and digital worlds. At the same time, an asset can be created in the virtual world without binding it to the same object in the real one.

But there are some who took it a step further. They destroyed the original painting leaving only its digital copy. It’s difficult to accept but that’s the reality.

Injective Protocol burned the original painting “Morons (White)”

Injective Protocol bought a famous Banksy painting from the New York gallery Taglialatella Gallery for $95,000 converted it into an NFT, and then burned the original. As a result, only a virtual asset with a unique code is left. Now the painting doesn’t require any alarm systems, specific storage conditions, and other things to accompany it in the real world.

A tokenized asset will continue its existence in the digital environment, all the people will have to do is to relocate into the virtual world and everything will fall in its place.

Where can an NFT be used?

As you have already understood, one of the applications of tokens is artwork-collecting. An NFT is created for originals of paintings and sculptures, and when the owner wants to sell a physical object, they can place an NFT on auction and it will be enough for proving the authenticity of the asset and the right of ownership.

In online games, users often buy clothes, lands, weapons, characters, and other gaming accessories. Creating NFTs for virtual objects will allow arrogating the right of character ownership for example, and this right will be beyond the game developer’s power. Such objects could be exchanged or bought for real money. This might fuel further development of the gaming economy

Personal identification can also be one of the areas of potential NFT usage. Passports, driving licenses, birth certificates, and other personal documents can be assigned with NFTs, which can be used for approaching different institutions in your country or outside it without personal attendance. Probably, the coronavirus may lead to the creation of COVID-passports using NFTs.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team

 

[RoboForex Contest]

Dear traders!

In the final week of April, the ContestFX project will continue with the following competitions:

The 121st competition of "Demo Forex" is approaching its end.
The 307th competition of "Week with CFD" has just started today.
440th competition of "Trade Day" will start on 28.04.2021 at 12:00.
356th competition of "KingSize MT5" will start on 29.04.2021 at 20:00.

To participate in our demo competitions, neither money nor a lengthy registration procedure is required - it'll take a quite bit of time and after completing it, you'll be allowed to participate in chosen competitions in just a couple of mouse clicks.

We are waiting for all new participants to register and wish them great victories!

Sincerely,
RoboForex Contest

 

[Vlad RF]

RoboForex: changes in trading schedule (May holidays)

Dear Clients and Partners,​

We’re informing you that due to the May holidays in the European countries and Russia, there will be some changes in the trading schedule*.

MetaTrader 4 / MetaTrader 5 platforms

Trading schedule on USDRUB

• May 3rd, 2021 – no trading.
• May 4th, 2021 – trading starts as usual.
• May 10th, 2021 – no trading.
• May 11th, 2021 – trading starts as usual.

Trading schedule on CFDs on Russian GDRs

• May 3rd, 2021 – no trading.
• May 4th, 2021 – trading starts as usual.

R Trader platform

Trading schedule on CFDs on UK stocks

• May 3rd, 2021 – no trading.
• May 4th, 2021 – trading starts as usual.

Trading schedule on USDRUB

• May 3rd, 2021 – no trading.
• May 4th, 2021 – trading starts as usual.
• May 10th, 2021 – no trading.
• May 11th, 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]

Types of Corporate Actions Every Investor Should Know

Author: Maks Artemov

Dear Clients and Partners,​

The stock value is influenced not only by economic, political, or geopolitical events but corporate as well. What are corporate events and which of them investors might find interesting?

We should note that some actions from the list below can have a rather insignificant influence on the stock value, while the others, on the other hand, may force it to plummet or skyrocket.

Financial statement release

A Non-Fungible Token is a digital unit, which certifies the right of ownership and uniqueness of digital assets. An NFT can also be created for things in the real world.

What is a distinctive feature of an NFT?

Companies publish their financial statements over the previous reporting period. Statements are usually published in the morning before the trading session starts or in the evening after it is over. This is done to avoid significant surges in prices.

After financial statements are released, investors and traders have enough time to prepare for trading and make decisions on their further activities. As a rule, trading sessions after financial statement releases are opened with a price gap. Periods for reports are the following:

• Quarterly statements
• Half year statements
• Annual statements

Financial statements published by companies influence their stocks in direct proportion to the profit they received. If the numbers are good, the share price starts rising and vice versa. In theory. In the real world though, it might happen in the opposite wave, and the reason is that companies try to overstate or understate their financial performance. They do it for different purposes and one of them is to attract investors.

Meetings of the board of directors

Just like financial statements, meetings of the board of directors also have a significant influence on stocks. During the meeting, a lot of important decisions are made, such as Ex-dividend date, dividend distribution, mergers and acquisitions, stock splits. Boards of directors discuss companies’ current state and their future.

The date and agenda are usually reported at least 3 days before the meeting, while the results are published after 3 days it was finished.

Dividend distribution

On this day, traders or investors receive dividends payable to their accounts. The sum depends on the decision made during the meeting of boards of directors and is calculated based on the company’s financial performance. Dividends can be paid not only when the company performed well but also when its financial statement is negative.

Closing thoughts

It’s quite difficult to keep track of all corporate actions when looking for a company to invest in but one can choose the most important of them and focus on them. It often happens that the price of shares may rise or fall before the ex-dividend date or dividend distribution. Investors can monitor the payment schedules of different companies and make an investment decisions based on them.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team

 

[RoboForex Contest]

Dear traders!

This week, RoboForex's project called ContestFX will continue, as usual, with the following competitions on demo accounts:

The 122nd competition of "Demo Forex" and 308th "Week with CFD" have just started.
441st competition of "Trade Day" will start on 05.05.2021 at 12:00.
357th competition of "KingSize MT5" will start on 06.05.2021 at 20:00.

Let us remind you that all winners of our competitions receive funds to their real trading accounts as a reward, and they can use them to perform trading operations on the Forex market without investing their own financial savings.

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

Sincerely,
RoboForex Contest

 

[Vlad RF]

How to Forecast Economic Crises?

Author: Andrey Goilov

Dear Clients and Partners,​

The history of market development and the world’s economy shows that when it comes to an economic crisis, it never comes alone: one crisis will definitely be followed by another one, quite different from its predecessor.

Analysts and politicians agree that this is a serious problem threatening all the countries of the world. Financial crises are so harmful because people rely on the work of financial institutions every day. Banks give loans and credit cards so that their clients could afford more and buy things with maximal comfort, while insurance companies protect homes and cars from accidents and stealth – but in crises, all these processes get paralyzed and fall apart like a house of cards, pulling along stock markets.

In this article, I will speculate on the bright economic crises of the past and try to formulate the signs of an economic crisis that might happen in the future.

Why do economic crises happen?

In the market, you constantly see the dollar fall, or oil prices fall, and all this due to economic trouble in certain countries. There are plenty of reasons for another collapse to happen, and some of them seem absolutely absurd.

One frequently raised example is the “tulip-mania” that happened in the Netherlands in 1636. While the price of bulbs kept growing, people spent all their savings on those bulbs. At some point, the price stopped growing and began an aggressive decline, which led to unbelievable losses and a general slow-down of the development of the country’s economy.

The crisis of 2020, also called “the pandemic crisis”, was provoked by the emergence of the new coronavirus disease. Economic activity shrank all over the globe, unemployment sky-rocketed, while the earnings of people fell to record levels.

In the first case, you see an example of the so-called “crowd effect” when private investors become euphoric about something, invest massively in this, and inflate a bubble that later bursts and harms the economy of the whole country. This is a good illustration of the saying: “When a shoe shiner starts buying stocks, it is time to leave the market”.

In the second case, a very random reason made economies all over the world collapse, so that oil futures dropped below zero, which is a record decline in the history of the asset.

How to forecast an economic crisis?

There are several ways of making such forecasts, and some of them are already in our blog.

Time cycles

A collapse of the stock market and impressive growth of the USD happen every decade. After the Dow Jones index collapsed in 2008, a similar crash happened at the beginning of 2020.

Hence, you can calculate the date of the next economic crisis with a minor time lag. Based on this version, we should expect the next major crisis somewhere between 2028 and 2030, while the present growth of the stock market must be just speeding up.


Bottom line

Unfortunately, economic crises have always been around and will happen in the future. Every next such event is likely to be different from the previous one. However, several types of signals warn you of an approaching crisis, so that an experienced investor can leave the stock market and start buying the USD and gold.

One of the easiest ways to predict a crisis in advance is to analyze the bond’s yield: this chart predicted the two latest collapses of the Dow Jones and the stock market. This is an easy but informative and efficient way.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team

 

[Vlad RF]

How to Use Bollinger Strategy for Trading in Forex, Stocks, and Futures Markets

Author: Timofey Zuev

Dear Clients and Partners,​

Among the most popular indicators for stock trading, there are the Bollinger Bands. They are very sensitive to market volatility and might act as not only support/resistance levels but as target levels as well. The Bollinger strategy is based exactly on these peculiarities of the indicator. It is applicable to periods from M1 to MN, for any instrument in Forex, stock, or futures markets.

A signal to buy by the strategy

To use the strategy, you need two price charts:

1. The first one reflects your working timeframe.
2. The second one represents a TF 3-5 times larger than your working TF.

Hence, the strategy can be used with such pairs of TFs as MN and W1; W1 and D1; D1 plus H4; H4 plus H1; H1 and M15; М15 plus М5; М5 and М1.

The efficacy of the Bollinger strategy on timeframes smaller than H1 depends on the size of the spread in your instrument. For a signal to buy to appear, the following conditions must be fulfilled:

• On the chart with the older timeframe, one of the two events must happen. The first option is a bounce off the middle Bollinger band of a widespread candlestick pattern (Pin Bar, Engulfing, etc.). The second option is the price crossing the indicator band and closing on the opposite side from that where it opened. Depending on the direction of the bounce/crossing of the middle Bollinger band, we set the direction of trading on the smaller TF. This trend is considered actual before it reverses, i.e. the Bollinger band gets crossed in the opposite direction. There are more special conditions: if, for example, the candlestick that is crossing the middle Bollinger line touches the upper line, do not start looking for a trading signal on the smaller TF.
• After you detect the trend on the larger TF, look for a Bollinger trading signal on the smaller one. A direct signal to buy is a bounce off the middle or lower indicator line.

Enter the market by a Buy Stop type order placed a bit above the high of the signal candlestick on the smaller TF.

An example of a signal to buy

Money management for the Bollinger strategy

You should risk by a comfortable deposit/lot percentage. This is the rule of thumb. If you still feel uncomfortable, increase your TFs. Personally, I recommend to risk the same percentage of a fixed deposit in each trade; the percentage should be below 2%.

However, as long as I do not have trustworthy statistics about the efficacy of the trading strategy, I strongly insist on backtesting. If you have never used this indicator before, train yourself on a demo account and feel the character of the Bollinger bands.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team