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Discuss RoboForex.com

General discussions of a financial company
RoboForex: changes in trading schedule (switch to Daylight Saving Time and International Women's Day)

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Dear Clients and Partners,

We’re informing you that due to the public holiday in Russia, International Women's Day, USDRUB will be traded according to the changed* schedule on March 9th, 2020. In addition to that, on March 8th, 2020, the USA will transfer to the daylight saving time, European countries will switch to the summer time on March 29th, 2020. Thereby, there will be more changes to the trading schedule*.

RoboForex

Trading schedule on Metals (XAUUSD, XAGUSD)
  • From March 9th to 27th, 2020, 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 from March 30th, 2020, Metals will be available for trading within the operating range of the contract specifications.
Trading schedule on CFDs on US indices
  • From March 9th to 27th, 2020, 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 from March 30th, 2020, CFDs on indices will be available for trading within the operating range of the contract specifications.
Trading schedule on CFDs on oil (Brent and WTI)
  • From March 9th to 27th, 2020, 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 from March 30th, 2020, CFDs on oil will be available for trading within the operating range of the contract specifications.
Trading schedule on CFDs on American stocks
  • From March 9th to 27th, 2020, trading on CFDs on American stocks will be opened and closed 1 hour earlier than usual (server time).
    Trading session (server time): 03:31 PM - 09:59 PM.
  • Starting from March 30th, 2020, CFDs on American stocks will be available for trading within the operating range of the contract specifications.
Trading schedule on USDRUB
  • March 9th, 2020 – no trading.
  • March 10th, 2020 – trading starts as usual.
  • Starting from March 30th, 2020, the USDRUB currency pair will be traded according to a new schedule.
    Trading session (server time): 10:00 AM - 6:30 PM.
Please, note, that on March 13th, 20th, and 27th, 2020, trading on all instruments will be closed at 11:00 PM server time

R Trader

Trading schedule on US stocks, CFDs on US stocks, ETFs, and CFDs on ETFs
  • From March 9th to 27th 2020, trading on the above-mentioned instruments will be opened and closed 1 hour earlier than usual (server time).
    Trading session (server time): 03:30 PM - 10:00 PM.
  • Starting from March 30th 2020, these instruments will be available for trading within the operating range of the contract specifications.
Trading schedule on CFDs on US indices (US30, US500, NAS100)
  • From March 9th to 27th 2020, trading on CFDs on US indices will be opened and closed 1 hour earlier than usual (server time).
    Trading session (server time): 09:00 AM - 10:00 PM.
  • Starting from March 30th 2020, CFDs on US indices will be available for trading within the operating range of the contract specifications.
Trading schedule on USDRUB
  • March 9th, 2020 – no trading.
  • March 10th, 2020 – trading starts as usual.
Trading schedule on Forex currency pairs
  • From March 9th to 27th, 2020, trading will be stopped for an interval of 15 minutes 1 hour earlier than usual (server time).
    Interval period (server time): 10:59 PM - 11:15 PM.
  • Please, note, that on March 13th, 20th, and 27th 2020, trading on all currency pairs will be closed at 11:00 PMserver time.
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
 
Turtle Strategy: the Oldest Way of Trading

Author: Andrey Goilov

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Dear Traders,

Nowadays, there are plenty of strategies and trading systems. Some are simple, some are very complicated, with lots of indicators. You can also work out your approach to market analysis, using the instruments of tech analysis, such as trendlines or support and resistance levels. Anyway, a good system is not necessarily complicated, with a long list of rules.

A good example is the Turtle system, designed by Richard Dennis in the 1980s. What is more, having a bet with his partner, he gathered a group of beginners and helped them become professional traders. However, it is not to forget that even a high-quality trading system does not guarantee you a profit. It is important to comply with the rules of money management and follow your strategy.

Unfortunately, not all traders make a profit on the same charts and the same timeframes. This shows that the success of trading does not fully depend on the chosen system - much depends on the personality of the trader. One trader will doubt and skip a trade, while another will enter the market even after a series of losing trades.

Description of the Turtle trading system

The system is a trend strategy for daily charts. This is not surprising: earlier, many traders used the Moving Average, trying to catch strong trend movements. For example, a divergence on the MACD is a good signal, working perfectly in a flat, but as soon as a strong trend begins, the prices simply move in one direction, and such a trend may be very quick. In this situation, the MACD signals may not be very efficient, and the MAs will make us hold the positions in the direction of this movement as long as possible, which will bring us a good profit.

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The main approach of the Turtle strategy is simple: you only need to let the profit grow and close losing trades. This looks like a simple rule, but not many can follow it. What is more, psychologically, any person maximally hopes for a positive result.

For example, if a beginner trader loses part of the profit, they may be very disappointed and will try to close the position with a minimal profit as quickly as possible, even if the system does not give any exit signal. And if the beginner receives a losing position, they may hold it for a long time, hoping for a soon reversal.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team
 
Getting Acquainted with CCI Indicator

Author: Victor Gryazin

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Dear Traders,

In this review, we will discuss an interesting technical indicator CCI (Commodity Channel Index). This indicator helps to find an approaching correction or reversal on the price chart.

What is CCI needed for?

The CCI (Commodity Channel Index) indicator was invented in 1980 by a trader Donald Lambert. The author meant his indicator for commodity markets, however, it may successfully be used on other financial markets, such as currency, stock, etc.

The CCI indicator measures the value and the amplitude of price deviations from average values. Large CCI values mean that the price is much higher than average and small values indicate that it has fallen significantly. In essence, CCI may be attributed to the group of classic oscillators.

The indicator helps to understand in what condition the financial instrument currently is: overbought or oversold. CCI measures the distance between the price and a set Moving Average - this is just another way to say that the indicator measures the deviation of the price from its average values.

The CCI indicator is situated in a separate window under the price chart and consists of the main line (CCI) and two areas - oversold and overbought. The indicator values vary from -300% to +300%. At the levels of -100% and +100% signal lines are drawn, setting the oversold (from -100% and below) and overbought (from +100% and higher) areas; the central spine of the indicator is 0%.

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Calculation formula and settings

The CCI indicator is built in most popular trading terminals. It is represented in a separate window under the price chart. In popular platforms MetaTrader 4 and MetaTrader 5, CCI is added to the price chart via the Main Menu: Insert - Indicators - User - CCI.

For CCI calculation, you must first find the so-called "typical price".

Read more at R Blog - RoboForex

Sincerely,
RoboForex team
 
Andrew's Pitchfork - Efficient Graphic Instrument

Author: Andrey Goilov

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Dear Traders,

Andrew's Pitchfork is an instrument of graphic analysis based on the middle trendline and an equidistant channel. Unfortunately, this method of trading and analysis is not very popular among traders; however, it seems to be perfect for drawing a channel quickly and trading bounces off and breakouts of its borders.

Many traders try to draw such channels themselves based on price movements, and ofter change the rules of drawing depending on the situation. In the case of using Andrew's Pitchfork, the rules never change, regardless of any market movements, so the trader does not need to choose or customize such channels depending on the market conditions.

How to add Andrew's Pitchfork to the chart?

The instrument is available in the standard settings of MetaTrader 4. To use the indicator, just click Insert on the terminal and choose Andrew's Pitchfork. Then, choose three points to draw the channel, and it will become available on the price chart.

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As a rule, the first point is the beginning of the trend, the second point is the high from which a correction has started (if we are speaking about an uptrend) and the third point is the low where the falling has stopped.

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If there is a downtrend on the chart, then the second point will be the low from which the growth has begun, and the third point will be the high where the prices reversed and falling has started.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team
 
Trading Forex, Futures, and Stocks by Synergy Strategy

Author: Timofey Zuev

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Dear Traders,

Forex is quite a complicated business sphere. Hence, many traders struggle for a long time on this market. One solution that may help you yield your first stable results is a maximally formalized trading strategies, the Synergy strategy being one example.

Description of Synergy

This strategy may be used not only on Forex but also on futures and stock markets if there are indicators for the respective trading terminals. For Synergy, timeframes from M1 to MN are suitable, however, I would recommend using it on a longer timeframe, such as H4. I must admit that this strategy works well only on strong movements without pullbacks.

Synergy desktop

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The desktop of the strategy looks as follows:

1. the levels of the Trader Dynamic Index indicator; level 50 acts as a filter for Synergy signals.
2. Market Base Line, the main line of Trader Dynamic Index, below which no signal to buy and above it - no signal to sell may form, by Synergy.
3. Volatility Bands.
4. Trade Signal Line, the line that crosses with the signal line most often.
5. RSI Price Line, the main signal line of the strategy that creates a part of Synergy trading signals by crossing the Trader Dynamic Index.
6. 5-period Smoothed Moving Average, built on High.
7. 5-period Smoothed Moving Average, built on Low.
8. bullish candlesticks by Heiken Ashi.
9. bearish candlesticks by Heiken Ashi.

A Synergy signal to buy for Forex, stocks, and futures

As it should be in a maximally formalized strategy, all rules of opening a long position are unequivocal. Here is the list of conditions for opening a buying position by Synergy:

  • a bullish Heiken Ashi candlestick must close above the 5-day Smoothed Moving Average (High);
  • the RSI Price Line must simultaneously be above the following three lines: the Trade Signal Line, Market Base Line, and level 50 of the Trader Dynamic Index.

Examples of a signal to buy by Synergy

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Black arrows indicate the candlesticks at the closing of which all the above-mentioned requirements were fulfilled.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team
 
The Woodies CCI Strategy: Trading Without Price Charts

Author: Andrey Goilov

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Dear Traders,

This trading method, created by Ken Wood, is a very simple system. It is even said that for using this method successfully, trading by the rules suggested by the author is enough. Earlier, we described the Turtle system, in which some students had also failed to succeed because they ignored some rules and skipped signals. Here, Woodie offers a whole set of rules: the trader only needs to follow them.

The work consists of searching for graphic patterns, drawing trendlines, and watching the breakouts of horizontal lines right on the indicator chart. I must note that we can do something similar with the RSI: we draw trendlines and receive leading signals in the case of a breakout right on the indicator chart; on the MACD, we search for graphic patterns, such as Head and Shoulders.

Description of the Woodies CCI indicator

Initially, the system was meant for trading CFDs, but with time traders started using it for other market types as well. Likewise, many other systems were originally designed for the stock market but are now successfully used on Forex or the crypto market.

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The system is based on two CCI indicators with different parameters. The instrument itself uses the cycles of price movements — in detail, you can read about the CCI in this blogpost. For the Woodies CCI strategy, the author takes two indicators with periods 14 and 6 and places them in one window. The first chart is called CCI and the second one — CCI Turbo. The latter is used for finding entry and exit signals.

Defining the trend with Woodies CCI

The system is meant for trend markets, hence, trades are opened in the direction of the prevailing trend. To define the trend, the system uses a histogram.

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If the bars are above zero and green, the trend is ascending. If they are below zero and red, the trend is descending. Note that the color of the bars does not change right after crossing zero; six subsequent bars above or below zero are required for the color to change.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team
 
RoboForex improves Bonus program conditions

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Dear Clients and Partners,

We’ve improved the conditions of several Bonus programs. Take advantage of additional opportunities to make your trading operations as efficient as possible.

What improvements have been introduced?

“Classic bonus” up to 120% of the amount deposited to your account
  • The maximum bonus amount has been increased up to 120%.
  • Restrictions on the minimum deposited amount have been removed.
  • The trading volume amount required for withdrawing the bonus has been decreased twice.

“Profit Share” bonus – up to 60% of extra funds*
  • The maximum bonus amount has been increased up to 60%.
  • Restrictions on the minimum deposited amount have been removed.
  • The trading volume amount required for withdrawing the bonus has been decreased twice.

* - the Bonus can’t be transferred to accounts that already have other active funds received within frameworks of other promotions.

Conditions of joining our VIP program have been simplified
Privileges of the “Silver” level are now available to you if you have 3,000 USD on your accounts (instead of 10,000 USD).

Increased Cashback for Prime account holders
From now on, RoboForex clients with “Prime” accounts will receive Cashback (Rebates) up to 10% of the Company’s commission. Before that, the maximum Cashback amount for Prime accounts was 5%.

Improved Loyalty program for Partners
The minimum amount of payouts within frameworks of the updated Loyalty program is 10% of the partner’s commission instead of 5%.

Benefit from additional opportunities offered by improved Bonus programs offered by RoboForex to achieve your most ambitious trading goals!


Sincerely,
RoboForex team
 
Elliott Wave Theory and Practice. Part 1

Author: Dmitriy Gurkovskiy

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Dear Traders,

If the market were a linear structure, and we could detect the end of one trend and the beginning of the next one with 99% exactness, as well as to detect the target area of its development, then trading would be the easiest and most profitable business in the world.

Unfortunately, things are quite different. Of course, a long history of trading and market studies has taught us to define reversals more or less precisely, as well as calculate the expected length of the trend; however, for many traders, this is not enough. A great number of analysis techniques and methods helps a trader or analyst feel confident on the market; however, problems emerge when it comes to one's personal ability to apply those techniques to practice. Many do it well, but the majority, with their primitive remakes, end up stuck in a network of locks, trying to get untangled from useless positions.

Having studied several methods and applied them to practice, many get disappointed, not receiving the desired result, but never give up and keep looking for that one precise method. Sooner or later, many come to the Elliott Wave Theory because, in it, they see that method of market structure analysis that can virtually predict the future with a high level of precision. Their hopes are not void, as experts in the theory have repeatedly demonstrated astonishing results in trading and analysis. So, this article is devoted to Wave market analysis and the Wave Theory. We will get acquainted with the history of its appearance and development, its main statements and rules of analysis.

So, this article is devoted to Wave market analysis and the Wave Theory. We will get acquainted with the history of its appearance and development, its main statements and rules of analysis.

History of the Elliott Wave Principle

In the preface to his book about the Elliott Wave Principle, Hamilton Bolton wrote that he noted the efficacy of the Elliott Wave Principle in such unpredictable economic events as the depression, the great war, the recuperation after the war and the subsequent significant growth. Hence, he became sure that the Principle had fundamental significance.

The one to discover the wave principle of market development and formation was a US economist Ralph Nelson Elliott. Due to an illness that made him remain in bed, he could not find a decent occupation for a long time and got interested in technical analysis for trading on the stock market.

After a long period of studies, in 1938, he published a book called "The Wave Principle", in which he described the basics of the principles of market movement formation that he had discovered.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team
 
The Victory Trading Strategy: Real Scalping On Minutes

Author: Andrey Goilov

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Dear Traders,

Today, we will speak about an unusual strategy for fast trading or so-called scalping. The idea is to trade on small timeframes, entering the market quickly and exiting it with a small profit, opening several positions simultaneously. This type of work requires good reaction and little thinking about the current situation to be able to make decisions on the spot. The strategy was first described in detail on Russian forums in 2012.

Victory trading strategy description

For trading, the EUR/USD pair is used, but you equally may try other ones. I remind you that the best way to use any strategy is to customize it. However, you should start with default settings to get acquainted with the strategy and find out whether this aggressive way of trading suits you.

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The timeframes for trading are M1 and M5. To enter the market use M5, while on M1, open trades. The best time for work is sessions with high volatility, viz the American and European ones.

Unfortunately, there is not much movement at night, so trading at this time will not be profitable.

What indicators does the Victory strategy require?

The strategy requires several unique indicators to show its best. After installation along with several templates, the trader opens to windows – M1 and M5 – not to waste time switching between them. And now, let us discuss the main instruments that the successful use of the Victory strategy requires.

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The TMA indicator

TMA stands for Triangular Moving Average. It is based on a Moving Average; on the chart, the indicator looks like lines one under the other. It is quite easy to use: when the lower border is touched, we may expect a bounce and reversal to the upper border. And if the prices test the upper border, a reversal to the lower border may follow.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team
 
RoboForex enhances conditions of working with ECN-Pro and Prime accounts

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Dear Clients and Partners,

Throughout the entire year of 2020, you will have the opportunity to trade at RoboForex on the best conditions! You can choose from two types of accounts, which meet the requirements of the most sophisticated traders.

ECN-Pro

This account type is intended for experienced traders, who require the highest possible speed and best quality of processing of each order under any market conditions.

  • Spreads are now similar to Prime accounts (from 0 pips).
  • Minimum deposit from 10 USD.
  • Maximum permissible leverage is set to 1:500.
  • Commission 20 USD for the trading volume of 1 million USD.
  • Trading instruments - 36 currency pairs, Cryptocurrencies, Metals, CFD on US stocks, Indices, and Oil.
  • Trading platforms and terminals - MetaTrader 4/5, cTrader.

Prime

Trading accounts for "advanced" traders with the best trading conditions available at the company.

  • Tight spreads from 0 pips.
  • Minimum deposited amount is now 100 USD (instead of 5,000 USD).
  • Maximum permissible leverage is set to 1:300.
  • Commission 15 USD for the trading volume of 1 million USD.
  • Trading instruments - 28 currency pairs, Cryptocurrencies, Metals, CFD on US stocks, Indices, and Oil.
  • Trading platforms and terminals - MetaTrader 4.

Take your trading operations to a brand new efficiency level!


Sincerely,
RoboForex team
 
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