• Please try to select the correct prefix when making a new thread in this folder.

    Discuss is for general discussions of a financial company or issues related to companies.

    Info is for things like "Has anyone heard of Company X?" or "Is Company X legit or not?"

    Compare is for things like "Which of these 2 (or more) companies is best?"

    Searching is for things like "Help me pick a broker" or "What's the best VPS out there for trading?"

    Problem is for reporting an issue with a company. Please don't just scream "CompanyX is a scam!" It is much more useful to say "I can't withdraw my money from Company X" or "Company Y is not honoring their refund guarantee" in the subject line.
    Keep Problem discussions civil and lay out the facts of your case. Your goal should be to get your problem resolved or reported to the regulators, not to see how many insults you can put into the thread.

    More info coming soon.

Discuss RoboForex.com

General discussions of a financial company
Dear traders!

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

The 134th competition of "Demo Forex" and 359th competition of "Week with CFD" have just started.
493rd competition of "Trade Day" will start on 04.05.2022 at 12:00.
407th competition of "KingSize MT5" will start on 05.05.2022 at 20:00.

To become a participant in our competitions, you only need to spend a little time on the registration just once and then any competitions of your choice will be available to you in just a couple of mouse clicks.

Good luck!

Sincerely,
RoboForex Contest
 
RoboForex lowers margin requirements for trading Gold

roboforex-header.jpg


Dear Clients and Partners,

Effective 8 May 2022, the margin requirements for positions in the XAUUSD pair will be reduced by two. If you already have open positions in this asset or are planning to open new positions, please note the following changes.

How will this affect positions and orders?

On real MetaTrader 4 / MetaTrader 5 accounts:
  • On 8 May 2022, the margin requirements for positions opened in XAUUSD will be halved.
  • After this date, all new positions will be opened with margin requirements twice lower than before.
Pay attention to Expert Advisors (EA)

If you are using trading algorithms, check their settings to make sure they are working correctly after the lowering of the margin requirements for the XAUUSD instrument comes into effect.

The rest of the trading conditions remain unchanged. Please take this information into consideration when planning your trading activity.

Invest with RoboForex on Prime accounts

When trading on Prime accounts, you get the best conditions available in the company.
  • Low spreads from 0 pips
    Trade with the lowest average spread amongst all RoboForex account types.
  • Maximum leverage 1:300
    Choose the most suitable leverage value – from 1:1 to 1:300.
  • Reduced commission
    Pay less commission for the trading volume of Currencies, Metals, Indices and other instruments.


Sincerely,
RoboForex team
 
What Is Blockchain

Author: Victor Gryazin

20-1536x662.jpg


Dear Clients and Partners,

Today’s article is devoted to the blockchain technology: its history, work nuances, main types, and spheres of application – all main answers are given.

What is the idea of blockchain

Blockchain is a digital database accessed by most users online. It is an unchangeable distributed digital information register, containing data about transactions among other things.

This technology writes down the data in special blocks, inextricably bound to each other. Each block of the chain has certain containers for data storage that close as soon as they are full and get bound to a block received previously, creating the chain.

Each block of the chain gets an exact time mark as soon as it is added to the chain. As long as each block contains information about the previous one, the chain contains information about each operations ever carried out in the database.

Already-existing blocks cannot be removed or edited – only new ones can be added. This peculiarity makes hacking and editing the content of the register impossible.

blockchain-1.png


How blockchain works
  • Transaction is a data exchange between two people. All transactions within the network (money depositing and withdrawal) have a unique 256-bit number called “hash”. It normally looks like a random set of letters and digits. A sequence of hashes linked to each other create a safe interconnected chain.
  • Confirmation is a process of checking compliance of a transaction with the protocol. Transactions are checked in nods. Upon successful validation, the transaction gets written down into a block.
  • Examination is data control in a block. Before the block gets linked to the chain, the algorithm examines it for any past editing. The rules by which examination is carried out are called consensus.
  • Mining is a process of “solving the equation” (creating a new block) by variable selection. This algorithm is called Proof of Work.
  • Protection is eliminating from the chain a block that has been edited. Changes in one block lead to changes in all subsequent blocks. The system detects them fast and reacts accordingly.
blockchain-2.png


Where is blockchain used

The system is actively developing, taking root in various spheres of economy:
  • cryptocurrencies,
  • NFT,
  • banking sector and finance,
  • stock exchanges,
  • gaming industry,
  • cyber safety,
  • voting systems in election.
Bottom line

Blockchain is a data processing technology of processing, storing, and sending data. Every day it enjoys more and more demand. The system was created long ago but started developing after cryptocurrencies appeared and became popular. Today blockchain has become mainstream, integrated in various spheres of the society and sectors of global economy.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team
 
Dear traders!

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

The 134th competition of "Demo Forex" is gaining momentum.
The 360th competition of "Week with CFD" has just kicked off.
494th competition of "Trade Day" will start on 11.05.2022 at 12:00.
408th competition of "KingSize MT5" will start on 12.05.2022 at 20:00.

Getting into the list of participants in our competitions is simple - you need to go through a simple registration procedure just once. If the fortune smiles upon you and makes you a winner of any of our competitions, you'll get the prize money to your real trading account, which will help you to perform effective trading operations on the Forex market without investing your own savings.

Do not miss your chance!

Sincerely
RoboForex Contest
 
How to Set Up Charts on MetaTrader 4

Author: Victor Gryazin

5.jpg


Dear Clients and Partners,

This article is devoted to working with charts on a popular platform MetaTrader 4. Charts help to track and analyze quotes movements of financial instruments, as well as to forecast their future behaviour.

How to open chart window

A new chart on MetaTrader 4 can be created several ways:
  • Click File – New Chart, and then choose a financial instrument.
  • In the Market Watch window, choose a financial instrument, left-click and drag it to the work area of the terminal.
  • Right-click a ticker in Market Watch, and then click Chart Window.
  • Click Window – New Window – an instrument from the list.
mt4-charts-1-1067x630.png


Adding indicators to the chart

To add indicators to the chart click Insert – Indicators and choose the one you need. Alternatively, click an active button with a green cross in the upper menu.

MT 4 features many popular indicators of the following groups:
  • Trend
  • Oscillators
  • Volumes
  • Bill Williams
  • Custom (indicators added by the user).
mt4-charts-6-1060x630.png


How to save chart template and profile

After editing is complete, you can save your settings as a template. Saved settings will then be applied to newly opened charts.

To save your settings, right-click the chart and choose Template – Save Template – enter name. The template can than be uploaded to the chart the same way: right-click – Template – Load Template – choose the one you need.

You can create different templates with various settings: chart design, indicators, and instruments. The whole set of open charts with their properties and templates is saved to a different profile.

To save the profile, click File – Profiles – Save As – enter name. Alternatively, click a button with the name of the active profile at the bottom of the terminal and choose the one you need from the unfolding list.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team
 
4 Stocks for Trading in Uncertainty

Author: Eugene Savitsky

19-1536x662.jpg


Dear Clients and Partners,

Inflation, recession, stagnation, stagflation — and other scary words that investors keep hearing in the stock market. What else? Toughening of credit and monetary policy, cutting down on the CB balance, winding up the QE programme. With such news, it becomes hard to consider buying any stocks.

When stock indices drop abruptly

Normally, the stock market experiences panic and falling of indices right in the times when no one suspects any trouble. Investors are simply buying stocks and watching their profits grow.

Negative news does not always provoke immediate reaction: understanding the scale of a future disaster needs time. However, more experienced investors assess the situation fast and start acting at once.

As a result, the quotes in the stock market start going down and speeding up because other investors have no more time to think. Hence, stock indices drop when investors take their profit, not trying to make money on the decline.

What the market sentiment is now

The poll carried out in March by Investors Intelligence demonstrates that the number of those planning to buy shares had dropped to 30%, while the number of those who want to play short had grown to 34.5%. In other words, the current market is bearish.

Over the last 12 years, this has happened 6 times, and the quotes of S&P 500 always reached some lows from where it then started to grow. Market players either opt for cash or for short positions — and this is what stimulates growth of stock prices.

There is some saved cash that can support the stock market and increase the demand for shares. And there are sellers who will have to close their positions if the prices grow, which will also lead to an increase in quotes.

Union Pacific

The shares of Union Pacific Corporation (NYSE: UNP) are trading in an uptrend. and at the first glance, there are no hints on a decline. However, upon a more thorough investigation, it can be noticed that volatility of the shares has increased. Quite often, this means the trend is coming to an end.

UNP.jpg


Upon sky-rocketing to 280 USD, the quotes quite soon returned to 240 USD and have already broken through it. This is the key level for the bulls because they have been holding it since December 2021.

The bears had made 12 attempts to break through it but always failed – until this time. Now we should expect further falling of the quotes to the support level of 220 USD. The bears are also supported by the bad news around and high market volatility.

Closing thoughts

When fundamental analysis is no help to make investment decisions, tech analysis will save us. It shows a fight between bulls and bears, and a moment will come when we will understand who will win.

In such cases, a trader should stand on the stronger side and trade in this direction. When fundamental and tech analyses agree, the probability of making a profit increases. Note that today, the stock market sentiment is negative.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team
 
Dear traders!

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

The 134th competition of "Demo Forex" has gained "cruising speed".
The 361st competition of "Week with CFD" has just started.
495th competition of "Trade Day" will start on 18.05.2022 at 12:00.
409th competition of "KingSize MT5" will start on 19.05.2022 at 20:00.

Registration on our website does not take much time, and after completing it, you will get access to any of the upcoming competitions in just a couple of mouse clicks.

Join us!

Sincerely,
RoboForex Contest
 
How to Trade by Cup and Handle Pattern

Author: Victor Gryazin

2-1536x662.jpg


Dear Clients and Partners,

This article is devoted to the Cup and Handle graphic pattern, providing the main information, such as how it forms and how to trade it.

What one should now about Cup and Handle

Cup and Handle is a tech analysis pattern that forecasts the continuation of the current trend after the price stops consolidating.

The pattern was discovered and popularised by a famous trader and investor, author of several books on the stock market and the founder of a business newspaper Investors Business Daily William O’Neil.

Cup and Handle forms in an uptrend or downtrend; it is a correctional price movement that consists of two parts. The first part is the Cup and the biggest part of the correction, and the second part – the Handle – is the smaller finishing part.

The pattern can be bullish or bearish. The first one is the actual Cup and Handle that appears on the chart in an uptrend and signals about further growth of the quotes.

The bearish pattern is called Inverted Cup and Handle; it appears on the hart in a downtrend and signals about the continuation of the latter.

How does bullish Cup and Handle form
  1. After a downward correction starts on the chart, a price range forms that looks like a bowl or a rounded bottom. Ideally, the Cup has two same highs on both sides but this is a rare occasion.
  2. After the second high of the Cup forms, the price pulls back, forming the second correctional phase that resembles a Handle. This will be a minor decline (from 1/3 to ½ of the Cup) before a subsequent breakaway.
  3. An entry point for a buy appears when the Handle is complete and the quotes break the resistance level away upwards. It goes through the second high and links the Cup to the Handle.
  4. The first rough goal for the pattern after the breakaway will be the height of the Cup. Losses should be limited if the price drops below the low of the Handle.
Cup-bullish.png


How to use Cup and Handle for trading

William O’Neil who discovered the pattern used it for trading stocks and preferred longer timeframes. He stated that the pattern on D1 should take 7 to 8 weeks to form.

However, this pattern is rather universal and can be used on various TFs with currency pairs, stock indices, oil, gold, and other liquid assets.

There are several factors potentially supporting the pattern:
  • both highs or lows of the Cup are on more or less the same level;
  • the Handle is no higher than the ½ of the Cup;
  • the breakaway of the resistance/support level increases the volumes.
Example of buying by Cup and Handle
  1. On D1 of Brent oil, in an uptrend, a Cup and Handle pattern formed.
  2. After the resistance level drawn through the second high of the pattern (point 2) is broken away, the trader can buy.
  3. A Stop Loss is placed behind the low of the Handle.
  4. Profit can be taken when the quotes rise for the height (H) of the Cup.
Cup-bullish-buy-1325x828.png


Bottom line

The Cup and Handle pattern became popular thanks to a famous trader and investor William O’Neil. This tech analysis pattern of trend continuation is quite a rare occasion on charts.

Cup and Handle can be used for trading stocks and other liquid assets. Before using the pattern for real, practicing on a demo account is recommended.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team
 
How to Trade by EMA + Awesome Oscillator Strategy

Author: Andrey Goilov

3-1-1536x662.jpg


Dear Clients and Partners,

The medium-term trading tactics that unites a trend indicator EMA and Awesome Oscillator is a setup for working by the trend.

The authors decided against complicated solutions and supplied the advantages of a Moving Average, a most efficient instrument for determining the market trend, by the potential of an indicator confirming market entries – Awesome Oscillator.

It seems that a combination of a popular instrument and oscillator will always be the best solution for trading the trend.

Pic-1-Awesome-1-768x472.png


The strategy is meant for H1 and larger timeframes. This means the trader can work both intraday, letting the price reach its goal within a couple of hours, and leave trades for the next day.

The article describes the right way to combine signals from the EMA and AO on H1 and how to place the Stop Loss and Take Profit.

How to set up indicators

The authors of the tactics never specified which instruments are to be used for work, yet we are convinced that traders should use currency majors and any other assets that demonstrate good lengthy trends with deep corrections.

To go by the strategy, we need an Exponential Moving Average with period 200 and an Awesome Oscillator with standard parameters. These indicators can be easily found on any trading platform and added to the chart. In MetaTrader 4, the algorithm is as follows:
  • Insert – Indicators – Trend – Moving Average
  • Insert – Indicators – Bill Williams – Awesome Oscillator
How to use EMA
  • When the price is above the line, this indicates an uptrend, so look for signals to buy.
  • When the price drops under the EMA (200), this means a downtrend, so look for signals to sell.
  • For H1 and larger TFs, parameters will be the same.
Pic-2-Awesome-1.png


Closing thoughts

The strategy using EMA and Awesome Oscillator is a very simple option of trading the trend that also has quite simple rules.

To enter the market, the trader only needs to check signals from two indicators. The advantages of the strategy feature a small Stop Loss and availability of necessary indicators on most popular trading platforms.

The drawbacks of the platform include no chance of entering the market by the trend for the second time, because the signal forms only when the price breaks through the EMA line. While the price remains above this line, it gives no entry signal, and the instrument keeps going by the trend, so the trader loses a part of this movement.

Moreover, the authors leave the profit size to the trader’s discretion, giving just the minimum that equals the SL. Working by the strategy, the trader will understand that, firstly, a bar of the opposite colour on the Awesome Oscillator histogram is a good exit option, and secondly, the Asian trading session is not the best time for opening trades.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team
 
Dear traders!

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

The 134th competition of "Demo Forex" and 359th competition of "Week with CFD" have just started.
493rd competition of "Trade Day" will start on 04.05.2022 at 12:00.
407th competition of "KingSize MT5" will start on 05.05.2022 at 20:00.

To become a participant in our competitions, you only need to spend a little time on the registration just once and then any competitions of your choice will be available to you in just a couple of mouse clicks.

Good luck!

Sincerely,
RoboForex Contest
Give me back the $ 2000 you stole and after that you blocked my access to my account !! Crazy thief everyone should know the manager of this company his name = Andrey Dernovich
And the thief's email = a.dernovich@gmail.com Please anyone who can help me send me an email I am a year without the money they stole from me
 
Back
Top