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General discussions of a financial company
Using FFcal News Indicator in Trading

Author: Victor Gryazin

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Dear Traders,

In this review, we will get acquainted with a useful news indicator FFcal. It tracts the publication of important news and reflects them directly on the price chart.

Why is FFcal useful?

The FFcal indicator was created for transferring information from the economic calendar of a well-known news portal Forex Factory to the MetaTrader 4 trading platform. Thanks to FFcal, you can see the publication time of important news, keeping your eyes on the price chart. The settings of the indicator allow filtering news by importance and switching on sound alerts, if necessary.

The publication of important economic (and political) news is a driver for the Forex market. Many traders use the publication of strong news in trading as the mighty impulse of the news may bring a quick profit. The FFcal indicator is a good helper because it will remind you of the upcoming events.

If the trader does not trade news (as such a type of work entails increased risks), knowing when certain data is issued is still vital. Meaningful news may provoke a mighty market movement and change the technical picture completely. Hence, better not enter the market before the publication of influential news and close the existing positions or minimize risks, pulling the Stop Losses closer.

FFcal is displayed in the right upper corner of the price chart of your financial instrument (however, you may change the placement in the settings). Two nearest pieces of news are written in different colors; their importance, the previous and expected levels of the value are specified. The time left until the publication is counted down.

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FFCal indicator

Installing and setting up FFcal

To install FFcal to the popular MetaTrader 4 terminal, download it by the link at the end of this article and copy the file to the Indicators folder. Then, via the Main Menu, open File – Open data catalog – MQL4 – Indicators; copy the file of the indicator and restart the terminal.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team
 
How To Make High Yield Stock Investments?

Author: Eugene Savitsky

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Dear Traders,

I have already told you how to find promising stocks in Healthcare sector. In this article, I will tell you about how to choose stocks for high yield investments and give you particular examples of the stocks that may grow in price by dozens of percent in July.

In this article, I will give you particular examples of the stocks that may grow in price by dozens of percent in July.

How to find stocks for high yield investments?

To make a high yield stock investments in a short time, look for stocks with a relatively low price. For example, a stock that costs 50 cents may rise to 1 USD per stock inside one trading session thanks to minor news. As a result, you will make a 100% profit. A stock that costs 100 USD may never show equal profitability in such a short time.

The point here is the low price of the stock which allows investing even with a modest starting capital, while limited trade volumes make the price react to the smallest increase in the demand.

All in all, for high yield stock investments with low risks and a holding the position for a short time, pay attention to cheap stocks which cost less than 5 USD. Let us try to find such stocks.

The first stage of selection

According to the scanner from the Finviz.com website, in the US stock market, there are currently 898 stocks that cost under 5 USD. Hence, you need to know in which sector to look for stocks and which events may push the price upwards.

If you have already read the article mentioned above, you must know that the most promising sector is biotechnologies as this is the sector in which abrupt stock price growth happens most often. The main type of event is the decision of the FDA about some drugs or treatment methods undergoing tests.

So, let us limit ourselves by biotechnologies. Here, Finviz.com selects 176 stocks.

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Finviz scanner - Biotech companies

Much better, but still too many. Now to the hardest part. Let us scrutinize the list and find the company that will fill our deposit with a good profit.

The second stage of selection

For the second step, let us think logically. If the decisions of the FDA influence the stock price, we need to have a look at the FDA calendar to find out, which drugs will be hearing the verdict in the nearest future.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team
 
Dear traders!

This week, RoboForex's project called ContestFx traditionally continues with the following competitions:

112th competition of "Demo Forex" started last Monday.
267th competition of "Week with CFD" just started recently.
400th competition of "Trade Day" will start on 15.07.2020 at 12:00.
317th competition of "KingSize MT5" will start on 16.07.2020 at 20:00.

Let us remind you that the winners of our demo account contests are presented with prizes, which allow them to start trading on the real Forex market without investing their own funds.

Do not miss your chance!

Sincerely,
RoboForex Contest
 
How to Trade EUR/USD Currency Pair?

Author: Victor Gryazin

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Dear Traders,

In this overview, we will discuss trading the EUR/USD currency pair. This is one of the most popular currency pairs in Forex.

History of the EUR/USD pair

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The euro (EUR) is quite a young currency, “born” in 1999. The common European currency replaced a whole range of national coins: the Deutsche Mark, the French franc, the Italian lira and many others. Hence, one of the peculiarities of the euro is its sensitivity not only to macroeconomic statistics but also to the news from various EU countries.

The new currency started circulating without cash on January 1st, 1999; coins and banknotes appeared on January 1st, 2002. In terms of usage for international payments, the euro is second to just the US dollar. It is also the second popular (alongside the USD) world’s reserve currency. At the official start of trades, the EUR/USD exchange rate was about 1.1800.

Since the beginning of trade in 1999, the rate has changed many times. For a couple of the first years, the perspectives of the euro remained vague, and the quotation was declining stably, reaching the minimum of 0.8200. Then the pair was growing for seven years, reaching its all-time high of 1.6000 in 2008. Later, the pair corrected significantly due to the banking crisis and various issues in the Eurozone. Currently, the pair is trading near 1.1300.

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EUR/USD history price rate

Characteristic features of the EUR/USD pair

EUR/USD is a major currency pair, characterized by increased liquidity. This is in no way surprising because it unites two main reserve currencies – the dollar and euro. These currencies make most of the volume of daily trades in Forex (about 20% of the overall volume).

The behavior of EUR/USD is some sort of an indicator demonstrating and comparing the economic situation in the US and Europe. If the US economy grows stably while the EU has some troubles, the EUR/USD pair falls. Conversely, if the USA slows down while the EU boasts good results, EUR/USD grows. Look at the main trading characteristics of the pair:

Active trading time: 24 hours a day except weekend; most active during the European and American trading sessions: this is the time for the main part of trades and important changes in EUR/USD.
Volatility: medium. At the publication of certain news, the EUR/USD pair still may swing by 100 points and more; however, on backtests, the average daily volatility of the pair is about 80 points.
Spread: this is one of the main advantages of the EUR/USD pair. Thanks to super-high liquidity, the spread is minimal. On popular ECN accounts, spread normally remains under 1 point.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team
 
RoboForex: excellent conditions for Indices and a new asset, JP225

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Dear Clients and Partners,

RoboForex has expanded the list of instruments available for trading by adding a CFD on the major Japanese stock index called JP225. Indices rank among the most popular instruments of the OTC market, so don’t miss the opportunity to invest in them on attractive conditions.

Exclusive conditions for trading Indices at RoboForex:

  • Average spread for DE30Cash on ECN and Prime accounts – 0.5 EUR.
  • Fast order execution – from 0.1 seconds.
  • Minimum lot and volume step – 0.01.
  • Commission for the trading volume of 1 million USD – from 4 USD depending on the account type.
Indices can be traded on MetaTrader 4/5-based Pro-Standard, ECN, and Prime accounts, as well as through our multi-asset terminal R Trader.

Invest in DE30Cash, JP225Cash, US30Cash, US500Cash, USTECHCash, and other indices with high execution speed and the lowest spreads available.

Sincerely,
RoboForex team
 
Dear traders!

This week, the ContestFX project will offer to your attention the following competitions :

112th competition of "Demo Forex" has entered its third week.
268th competition of "Week with CFD" just kicked off today.
401st competition of "Trade Day" will start on 22.07.2020 at 12:00 .
318th competition of "KingSize MT5" will start on 23.07.2020 at 20:00.

To become a contestant of our demo competitions with real prize money for the winners is very simple - all you've to do is to go through an easy registration procedure only once and then access any competition of your choice with just a few mouse clicks.

We're waiting for you on our website and wish you good luck!

Sincerely,
RoboForex Contest
 
How to Trade DAX 30 Index: Safe and Proven Methods

Author: Maks Artemov

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Dear Traders,

Today, we will get acquainted with a stock index available for trading in many terminals - DAX 30 index.

What is DAX 30 index?

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DAX 30 index

The DAX 30 index appeared on July 1st, 1988. It is calculated as the weighted average value of stock price capitalization, while the stock price capitalization, in its turn, is counted based on just flexible stock prices. The index also includes dividend profit from stocks with the expectation that it will be reinvested in securities. To put it simply, the index reflects the general profitability of the capital. This is the main difference between DAX 30 and other indices.

DAX 30 peculiarities

The DAX 30 index is tightly connected to the economy of Germany: if the economic situation in the country is getting better, the index will also grow. The index includes 30 largest German companies traded at Frankfurt Stock Exchange: BMW, BAYER, ADIDAS, etc.

The list of companies included in the index is not fixed one and forever – it may change based on the capitalization of companies. If an enterprise is suffering serious losses, it may be excluded from the index; vice versa, if a company is gathering pace, increasing its profits and capitalization, it may be included in the index. The list of companies is corrected once in a quarter. The index is calculated during the working hours of the XETRA exchange from 9 a.m. through 5 p.m. CET.

Now let us figure out how to trade DAX 30 and what strategies to use.

How to trade DAX 30?

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Main stock indices

For many traders, indices are something outstanding, however, things are much simpler than they seem to be. You will get rid of any doubts if you compare the chart of any index to the charts of currency pairs or the charts of stocks.

The charts of indices and other instruments, be it bars or Japanese candlesticks, will not differ too much, which means that, theoretically, any trading strategies that already exist or will appear soon apply to them. I cannot speak about all trading strategies in one article, so let us concentrate on those without indicators.

Trading DAX 30 by graphic analysis

As with any other chart, the chart of DAX 30 frequently forms various graphic analysis patterns. It is quite easy to find them provided that the trader is acquainted with them. Trend continuation patterns are most frequent. Meanwhile, keep in mind the timeframe you are looking at. An index, or, in our case, a CFD of DAX 30 (DE30), is not a currency pair traded 5 days a week without breaks – an index stops trading at the close of the trading session.

RoboForex offers exceptional conditions for trading Indices. The spread for the DE30 index is from 0. More detailed information on the conditions is available at this page.

The algorithm of searching for graphic patterns

The algorithm of searching for graphic patterns consists of the following steps.

What timeframe to use for trading DAX 30 index?

This is an important factor because the profit and Stop Loss size depends on it. On a smaller timeframe, there will be much more trading signals during a trading session than on a larger one; the size of the SL will be more acceptable, and signals will be worked off quicker.

Trade intraday on M5 through M30; H1 is, to my mind, the maximum for trading intraday; H4 and higher will suit for trading on the medium term. Transferring your position to the next trading day, account for possible gaps at the market opening – sometimes they may impose certain inconvenience to the trader.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team
 
RoboForex adds 17 new methods for depositing funds

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Dear Clients and Partners,

For the convenience of our clients from Latin America, we’ve expanded the list of payment systems by adding 17 new ways of depositing funds to their trading accounts.

New payments systems for depositing are available in the following countries:

  • Argentina: Pago Fácil and Rapipago.
  • Columbia: Almancense Éxito, Carulla, Davivienda, Edeq (Empresa de Energia del Quindio), efecty, and Surtimax.
  • Mexico: Banorte, BBVA Bancomer, OXXO, Santander Bank, and SPEI.
  • Peru: PagoEfectivo and Western Union.
  • Uruguay: Redpagos.
  • Chile: Servipag.
These payments systems are already available in your Members Area and will allow our clients to transfer funds from 10 USD, which is very convenient for traders with cent and standard accounts. More detailed information about available payment systems can be found in the “Deposit & Withdrawal methods” section of our website.

We’d like to remind you that all RoboForex clients can receive "Profit Share Bonus" and "Classic Bonus" when depositing funds to their accounts.



Sincerely,
RoboForex team
 
How to Trade Overbought and Oversold Areas?

Author: Victor Gryazin

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Dear Traders,

In this review, we will discuss trading overbought and oversold areas. A trader may use special indicators that analyze the dynamics of price changes and show the overbought and oversold areas.

What are overbought and oversold areas?

The notions "overbought" and "oversold areas" in financial markets indicate short-term fluctuations of the instrument values from the average. These terms say that the price has gone quite far in a certain direction. An overbought state of the market means that the price of a financial instrument has gone too high, while the oversold state means it is too low.

An overbought state is a significant increase in the price (in percent) in a short time or a lengthy series of several days in an uptrend. For example, oil price may become overbought if it leaps by 10-15% during two or three days or demonstrates pullback-free growth for several days.

As a result of being overbought, the price forms new local highs on the chart. After the bulls have pushed the price rather high, making the asset overbought, a correction downwards may follow at any moment.

When an instrument is oversold, local lows form on the chart. This means the bears have pushed the rate rather low, and an upward correction may start at any moment. Specially designed trading indicators may help the trader catch the overbought or oversold state of some asset. For this, an indicator has its window split in two areas: the overbought and oversold areas. Getting into those zones, indicators characterize the current financial situation of the instrument (whether it is overbought or oversold) and give certain trading signals.

Popular indicators for trading in the overbought and oversold areas

Stochastic Oscillator

The creator and greatest fan of this indicator is a popular stock trader George Lane. The Stochastic is an oscillator that demonstrates the current position of the price in % of the previous price range. The Stochastic evaluates the ability of the bulls and bears to close the price at the achieved extremes.

The Stochastic Oscillator is drawn in a separate window under the price chart and consists of two main lines: %K, the fast line, and %D, the slow line. The indicator values vary from 0 to 100%; through the levels of 20 and 80%, signal lines are drawn, singling out the oversold (0-20%) and overbought (80-100%) areas.

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Oversold and overbought areas - Stochastic Oscillator

Relative Strength Index (RSI)

This index pertains to the group of oscillators. It was created and propelled by J. Welles Wilder. The RSI assesses the position and dynamics of the current price related to the preceding period. The RSI is calculated in a separate window under the price chart.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team
 
Dear traders!

This week, RoboForex's project called ContestFx will continue with these competitions on demo accounts.:

112th competition of "Demo Forex" has entered the final stage.
The weekly 269th competition of "Week with CFD".
402nd competition of "Trade Day" will start on 29.07.2020 at 12:00.
319th competition of "KingSize MT5" will start on 30.07.2020 at 20:00.

Let us remind you that all winners of our trading contests will receive rewards in the form of prize money to their real trading accounts. They can start effective trading on the Forex market without investing their own financial resources.

Good luck to all traders!

Sincerely,
RoboForex Contest
 
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