RoboForex - Forex Broker: overview and news

What Do You Know About Forex Trading Strategies?

Author: Timofey Zuev

Dear Traders,

Before talking about strategies, it would be better to find out what strategies exist at all, which strategy suits which trader and what strategy to choose. Searching for your best strategy through trial and error may take years, that is why this issue requires a systemic approach.

Mechanical and discretionary strategies



First of all, strategies can be divided into two groups: mechanical and discretionary ones. A mechanical strategy will require from a player nothing else but disciplined trading, because decision-making is built in the very algorithm of the strategies. The advantage of such strategies is the lack of emotional involvement into trading and of feeling responsible for its result: all steps are prescribed by the algorithm. Drawbacks are the very same – in case the market changes, the algorithm may start generating losing trades that the trader will have to perform without question, watching their money disappear.

As you may see, being a mere executor is not that easy. If the trader does not understand the market and the reasons for making certain steps, this may let them down, because at some point they may start sabotaging the prescribed trades. However, if you have created the strategy yourself and you are sure that it is based on the fundamental rules of the market, it will be much easier to follow such strategy. My experience and that of my fellow traders suggests that the most successful strategies are those that blend in mechanical algorithms and independently made decisions...

Read more at R Blog

Sincerely,
RoboForex team

Netting vs. Hedging: What Is The Difference?

Dear Traders,

Many traders who use Forex terminals have come across a situation when they fail to place a lock and their open order is closed.

Another type of such a situation: when a second position on an instrument is open, the first position increased its volume for no obvious reasons. The explanation may be simple: the account could have been open by the Netting system.

The Netting system allows only one position open in any direction for one instrument. The system is used all over the stock market. To put it simpler, the trader cannot open selling and buying position on one instrument simultaneously - the positions mutually close, the orders open in one direction summing up.

The Hedging system allows as many open positions in different directions as you wish.

Why are there two types of accounts?



The answer is simple. The Netting system was initially used for trading on stock markets. After the Forex market appeared, there was an attempt to make trading and controlling open positions simpler. This allowed traders to use different strategies on one account. Let us discuss the two systems in detail, looking at a couple of examples.

Let us discuss the two systems in detail, looking at a couple of examples.

Read more at R Blog

Sincerely,
RoboForex team

RoboForex adds the netting position accounting system to R Trader

Dear Clients and Partners,

RoboForex has added the netting position accounting system to R Trader terminal. Earlier, the platform offered the hedging accounting system only.

From now on, you can choose a more preferable accounting system when opening a new R Trader account.

What is the difference between Netting and Hedging?

Netting is a classic position accounting system, which allows you to have only one position in the same instrument in any direction.

The hedging system allows to open multiple positions in the same instrument in different directions.

To find out what accounting system your account has, check the account list in R Trader terminal or in the account card in your Members Area.

Sincerely,
RoboForex team

Top 10 Forex Indicators That Every Trader Needs

Author: Victor Gryazin

Dear Traders,

Indicators have long been introduced to the trading systems of many traders. As a minimum, they are of good help in chart analysis, as a maximum, they are the base of the whole trading system. Algorithmic trading, which means automatizing the work and creating trading robots, is also mostly based on the signals of various indicators.

In this article, we will review the ten most popular indicators for the analysis of and trading on financial markets.

Moving Average

It will hardly be too bold to say that the Moving Average is the queen of all indicators, as it is among the simplest and the most popular ones. Apart from the immediate use, it serves as the base for some more complicated indicators.

The Moving Average is the average price indicator for a certain period. There are several types of Moving Averages: the simple, exponential, smoothed, linear weighted ones. They are slightly different in terms of calculating but their essence remains the same: they demonstrate the dynamics of the averaged price during a certain period.

A Moving Average is represented as a line directly on the price chart. It shows the direction of the trend well: a declining MA indicates a downtrend, while a growing MA means an uptrend. To get trading signals, we normally use two or more Mas for different periods.



Fibonacci The indicator is based on the well-known sequence of numbers of an Italian mathematician Fibonacci (Leonardo of Pisa). It uses the relations of the numbers in the sequence...

Read more at R Blog - RoboForex

Sincerely,
RoboForex team

Signals on Forex: Where to Search, How to Find, Filter, and Create

Author: Dmitriy Gurkovskiy

Dear Traders,

What is a signal on Forex?

If we try to describe briefly how a newcomer starts trading, the scenario of the market entry will be more or less the same. First, they study general information about markets, their laws of pricing; then the beginner trader gets acquainted with the trading platform and the work with orders in practice, and then they dive into the world of analysis and trading systems.

At this stage, they have to choose their paradigm, style, the viewpoint for their future work on the market. There are two main paradigms: the Stochastic (which includes forecasting, foretelling, or guessing the price direction) and algorithmic (which includes trading along with an algorithm and money management) ones.

Whatever the side the beginner takes, they will inevitably have to find certain patterns of market behavior signals for situation changes, as well as to make trading decisions. Thus, we may see that the basis of any trading model is the signal.

On Forex, under a signal, we mean a complex of circumstances, indicators, and events that show the trader in which direction they should open a trade, in other words, whether they should buy or sell.

n each paradigm, signals form and look different but many people mix them up. The Stochastic paradigm is based on statistical and fundamental data. In other words, it tries to answer a general question: “Which way: up or down?”, ignoring more detailed ones, such as: “Up or down to which level?”, “Where to put an SL?”, “What is the lifespan of the supposed movement?”, or “What to do after the SL?”.

The algorithmic paradigm, on the contrary, tries to define the level, on which a trade is worth opening, and the levels of the Take Profit and Stop Loss. We can even find the answer, though not very exact, to the hardest question about the perspectives of the movement.

Where to find signals? Signal types

Lagging signals

Before discussing where to find signals for trading, we should find out how they form. Let us have a look at a classical example of two Moving Averages crossing.



In this example, we may see that the signal from the technical indicators forms on the chart after the reversal of the trend. Such a signal can be called lagging because it is preceded by a serious change of price dynamics.

For an earlier signal, the timeframe and the number of candlesticks should be in line. This means that on a longer timeframe a smaller amount of candlesticks is better analyzed.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team

How to Buy Apple, Uber, Facebook Stocks from a Broker: Simple Guide

Author: Victor Gryazin

Dear Traders,

A stock is a security representing a share of the company that has issued it. Stocks give their owner (the stockholder) the right for a share of the company's income in the form of dividends; the right to participate in managing the company; the right for a part of the company's property in the case of its liquidation.

Why we buy stocks?

Stocks are one of the most popular investment instruments. Apart from the small dividend income, they also allow the owner to make money on the changes in their price. If the company is developing and the economic situation is good, the stock will be growing in price, bringing a decent income to its owner.

Stocks are normally bought on the stock market via a broker. A broker is a company, a professional market player, that is licensed to make operations on the stock market for its clients. At a broker, the client opens a trading account where they buy and sell stocks.

How much can be earned on the stock growth?

For successful investing, you should learn to evaluate the perspectives of the company the stocks of which you are going to buy. For this, there exist certain economic indicators, which the companies publish in their regular reports. Also, the overall political and economic situation in the world is to be assessed whether stock markets are growing or correcting.

As an example, let us take buying of the stocks of a world-famous company Apple. The corporation regularly demonstrates good economic results, and its stocks have been growing stably for years.



This January, the stocks were trading at $150.00 per stock. Today, the price is $266.70. So, this year the growth has been around $117 per stock. In percent, the result is even more impressing: if we had bought the stocks in January, the profit by now would have been 78%! Plus, some dividends.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team

Copy trading: What Is It? Comparing PAMM and RAMM

Author: Victor Gryazin

Dear Traders,

In this review, we will get acquainted with a popular way of trading that allows you to earn on copying the trades of professional traders, which is called copy trading. It suits those who are not ready to devote themselves to trading fully but who want to make a profit using the experience of successful managers.

What is copy trading? How to make money on it?



Copy trading is one of the ways of investing that implies copying on your account the trades of experienced traders. The mechanism is quite simple and easy to master.

First thing, you need to make up your mind about the service you will be using. Most services are based on well-known broker companies. In the article “How to Choose your Broker: Guide for Beginner Trader” you can find the criteria for deciding upon the company.

Upon registering in the chosen system, you need to study trading in detail and choose one or more trustworthy traders and launch copying their trades on your account. You also must set the parameters of copying, limit the risks and specify the fee for the manager.

You must choose the trader with great accuracy. Make sure they have a good trading history (the longer, the better), the profit level satisfies you, the maximal drawdown is acceptable, and the deposit increase is stable. To diversify risks, you can join several successful managers with different strategies.

Later, you will be able to follow the copying of trades to your account in real-time. If with trading your deposit grows, congratulations: you have made the right choice. If the balance shrinks, and the statistics of the trader’s work worsens, you will have to think about changing the trader.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team

How to Swing-Trade On Forex?

Author: Dmitriy Gurkovskiy

Dear Traders,

Many of you have heard about swing trading but never know that they are swingers themselves (we mean, swing traders but not what you have just thought). In this article, let us look into swing trading.

Some history about swing trading

Swing trading is an approach to financial markets that appeared quite a long time ago. It should be3 noted that this is not a system but a style of trading. This means it can contain several tactics and strategies of market behavior.

The approach was described in the 50s of the last century by George Douglas Taylor in his book The Taylor Trading Technique. This method was designed for the stock market, first and foremost, but became equally popular in other segments. In the term “swing trading,” we can interpret swing either as “moving at a steady pace” and “closing a trade successfully” or as “being suspended,” which stands for high risks.

Like any other approach, swing trading uses the price change for making a profit on market operations. The position may remain on the market from several hours to several days. Swing trading requires professionalism and self-possession.

Such a style allows exiting the trade after accumulating enough profit and stay away while the market demonstrates short-term but intense surges of volatility. If you do not have enough time form trading intraday and do not want to miss the money that has appeared on the market than swing trading is definitely for you.



The principle of swing trading

The main principle of swing trading is moving along with the current trend. In other words, a swing trader avoids the periods of correction on the market but tries to take part in all impulse, swinging movements.

In general, the rule is: buy after the pullback, lock in profit after the trend reversal. One of the signals to close the trader is a breakout of the support line.

Read more at R Blog - RoboForex

Sincerely,
RoboForex team

RoboForex: changes in trading schedule (Christmas and New Year holidays)

Dear Clients and Partners,

We’re informing you that during Christmas and New Year holidays, instruments will be traded according to the changed schedule*.

RoboForex

Trading schedule on DE30

• From December 24th, 2019 to December 26th, 2019 – no trading.
• December 27th, 2019 – trading starts as usual.
• From December 31st, 2019 to January 1st, 2020 – no trading.
• January 2nd, 2020 – trading starts at 10:00 AM server time.

Trading schedule on other instruments

• December 24th, 2019 – trading stops at 7:00 PM server time.
• December 25th, 2019 – no trading.
• December 26th, 2019 – trading starts at 10:00 AM server time.
• December 31st, 2019 – trading stops at 8:00 PM server time
• January 1st, 2020 – trading starts at 10:00 AM server time.
• January 2nd, 2020 – trading starts at 10:00 AM server time.

R Trader

Trading schedule on GER30

• From December 24th, 2019 to December 26th, 2019 – no trading.
• December 27th, 2019 – trading starts as usual.
• From December 31st, 2019 to January 1st, 2020 – no trading.
• January 2nd, 2020 – trading starts at 10:00 AM server time.

Trading schedule on UK100, SPA35, FRA40

• December 24th, 2019 – trading stops at 12:00 PM server time.
• From December 25th, 2019 to December 26th, 2019 – no trading.
• December 27th, 2019 – trading starts as usual.
• December 31st, 2019 – trading stops at 12:00 PM server time.
• January 1st, 2020 – no trading.
• January 2nd, 2020 – trading starts as usual.

Trading schedule on Stocks, ETFs, CFDs on Stocks and ETFs

• December 24th, 2019 – trading stops at 8:00 PM server time.
• December 25th, 2019 – no trading.
• December 26th, 2019 – trading starts as usual.
• January 1st, 2020 – no trading.
• January 2nd, 2020 – trading starts as usual.

Trading schedule on other instruments

• December 24th, 2019 – trading stops at 7:00 PM server time.
• December 25th, 2019 – no trading.
• December 26th, 2019 – trading starts at 10:00 AM server time.
• December 31st, 2019 – trading stops at 8:00 PM server time.
• January 1st, 2020 – no trading.
• January 2nd, 2020 – trading starts at 10:00 AM server 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

The RoboForex partners promotion with cash prizes worth $1,000,000 continues!

Dear Clients and Partners,

We remind you that all RoboForex partners can take part in our grand promotion and win cash prizes.

The distribution of 60 prizes from $1,000 to $15,000 is organised once a month to April 2024.

The winners will be decided by the market.

A system as transparent as possible - It's all up to stocks.

Join our grand promotion!

Become a Partner | I want to take part!

Sincerely,
The RoboForex Team