USD/RUB Forex Trading | Forex.com

Explanation of the charts I posted earlier

I'll try to explain. The context is the concept of purchasing power parity: https://www.reddit.com/Forex/comments/fliz8m/purchasing_power_parity_ppp_in_fx/
The concept is that the numbers themselves can tell you a lot, for example, the rate of a pair, say AUD/CAD specifically state what the AUDJPY and CADJPY should be. The AUDCAD is 0.83183 which means 1 CAD is equal to 1.20216 AUD. So however many JPY you can get for a AUD you should be able to get 1.20216 times more JPY for a CAD.
AUDJPY = 64.201
64.201 x 1.20216 = CADJPY = 77.17987
DISEQUILLIBRIUM:
But the actual market price is CADJPY=76.974. Which means there is a disequilibrium between what the actual rate is. It can be quantified as the difference, -0.20587. I've taken that concept and expanded it to all currencies in a pretty large spreadsheet. The aggregate disequilibrium is accounted for each pair.
CURRENCY WEIGHT:
For this example, both the AUD is putting -0.20587 "weight" on the CADJPY and the CAD is putting -0.20587 "wieght" on the AUDJPY. This is collected for each individual currency and added together to represent the weight.
INDEX STRENGTH:
For example:
EUGBP 0.91447
USD/GBP 0.86211
CHF/GBP 0.87428
CAD/GBP 0.60099
AUD/GBP 0.50116
NZD/GBP 0.50600
JPY/GBP 0.007776594
ZAGBP 0.0484013
NOKGBP 0.0717705
HKD/GBP 0.110299
CNH/GBP 0.119747
SGD/GBP 0.588505
TRY/GBP 0.129911
SEK/GBP 0.0821385
DKK/GBP 0.12234
PLN/GBP 0.200372
MXN/GBP 0.0348339
RUB/GBP 0.0106524
Which averages out to 12.20271181 for the GBP. When this is done for each currency and added together which comes to 80.2174589.
GBP 12.20271181 15.21%
EUR 10.70881522 13.35%
USD 10.43321516 13.01%
CHF 9.209341569 11.48%
CAD 7.268234336 9.06%
SGD 7.16468796 8.93%
AUD 6.058258744 7.55%
NZD 6.065011193 7.56%
PLN 2.411473714 3.01%
TRY 1.541615401 1.92%
DKK 1.441292277 1.80%
CNH 1.411273128 1.76%
HKD 1.290361376 1.61%
SEK 0.952565391 1.19%
NOK 0.839225708 1.05%
ZAR 0.54313985 0.68%
MXN 0.507674255 0.63%
JPY 0.094083269 0.12%
RUB 0.074478539 0.09%
I've found that charting isn't needed to understand what prices should be now. They help in understanding what motivates people to have money exposed. Charts are in the psychological part of trading.
Edit: The JPY pairs are calculated times 0.01, that's why it's index is greater than RUB. I guess I can't post the charts anymore.
submitted by butstillkeepitreal to Forex [link] [comments]

10CFDS REVIEW

Overview:

The offshore broker 10CFDS is situated in Belize. It provides many trading instruments, consist of more than forty FX pairs and binary CFDs. The leverage is up to 1:200 and is provided on a web-based trading terminal. However, it's regulatory and license status is not at all promising. If any of you are willing to trade with it, make sure to read this 10CFDS review first.

About 10CFDS:

The broker 10CFDS provides all sorts of trading instruments. It involves forty-six FX pairs viz SD/HKD, USD/MXN, USD/CZK, USD/RUB, USD/SEK, USD/NOK, USD/SGD, USD/PLN, USD/ZAR, USD/TRY, and USD/DKK. It also provides CFDs on natural resources, the farm produces, twenty-four indexes, shares, and cryptocurrencies.
The leverage offered by this broker is 1:200. Many Markets Authority has decided to allow the maximum leverage of 1:30. The broker's offerings miss on the regulator’s directives. The payment can be made by cards, wire transfer, PaySafeCard, Neteller, Skrill, and Western Union. Unfortunately, the broker does not accept payment via bitcoins. To start trading with 10CFDS traders are required to deposit $250 only. This requirement is acceptable but several regulated brokers in the market accept very low initial deposits.
The SPEED SOLUTIONS Ltd is the owner of the 10CFDS trademark and is registered in Belize. The firm claims to be regulated by the local International Financial Services Commission. The client's payments are processed by the Estonian firm named SPEED PAYMENTS OU.
The IFSC does not require strict prerequisites to offer regulation. It also loosely oversees such brokers. Hence there is no guarantee for the safety of funds. All reputed regulators have banned controversial trading bonuses but the broker under consideration offers several bonuses. These bonuses are merged with uncontrolled trading practices such as the requirement of the specified trading volume. If these conditions are not fulfilled, the broker can cancel your trading account, locking invested funds.
Furthermore, the withdrawal process at 10CFDS may take up to 21 working days to be processed. This time frame is lengthy. Also, the withdrawal is charged with a 3.5% service fee, $ 1.5 is charged as a profit clearance fee, and an additional $ 20 is applicable as a monthly maintenance fee. A regulated broker does not have such practices. The provided spread of 3 pips can be seen on EURUSD FX pair while checking the web-based trading platform. This spread is high and attractive but it raises the cost of trading. For higher profit, tighter spreads are anticipated. The broker claims to offer to trade on the MT platform but in reality, it offers some web-based platform.

Is 10CFDS scam or legit?

The above discussion indicates several flaws of this broker. The regulation of this broker does not cover investment refunds. The broker is also offshore. We are convinced that the broker is hazardous to the trader's fund and can be a forex scam broker. Staying away from this broker is advised.
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Forex and Bitcoin Volume Comparison and Political Implications

Follow the Money. Interesting that out of the top 8 Bitcoin traded countries/currency only 4 (USD, JPY, EURO and GBD) are in the top 8 Forex pairings. The others are minor currencies. (Top 8 Bitcoin by Volume are : USD, JPY, EURO, GBD, KRW, PLN, TRY, RUB/RUR)
Top 8 Forex crosses are:
EuUSD
USD/JPY
GBD/USD
AUD/USD
USD/CHF
USD/CAD
EUJPY
EUCHF
Based upon this we can conclude that in Korea, Poland, Russia and Turkey there is a feeling of unrest among those with discretionary cash. Why put them in bitcoin if you feel secure? Are tariffs, sanctions, internal unrest reasons? Follow the money and your questions will be answered.
submitted by profblockchaindfw to Bitcoin [link] [comments]

Turkish Unrest and Bitcoin Volume=Regime Troubles

Citizens when they are witness to economic unrest in their own countries usually begin to buy foreign currency and keep it in reserve against the devaluation of their own currency. This is normal during troubled times, and we were beginning to see the same thing occurring in Turkey. However, Erdogan thisa number of weeks ago called for all Turkish citizens to sell their foreign currencies to prop up the Lira. This sort of a call is usually code for “we are going to confiscate your money when we find it” so you better sell it now, as well as a tacit admission that the Lira’s value is in serious trouble. Thus, the economy as well.
In my opinion due to the tacit threat of monetary confiscation we are now seeing a flight to bitcoin and this is also a clue to the unrest that Erdogan is dealing with. Why is this problematic? Since Turkey can’t confiscate currency that is online and untraceable. We can see the flight to Bitcoin by comparing Forex crosses against bitcoin volume.
In this light we can see a trend whereby that out of the top 8 Bitcoin traded countries/currency (USD, JPY, EURO, GBD, KRW, PLN, TRY, RUB/RUR) only 4 (USD, JPY, EURO and GBD) are in the top 8 Forex pairings. The others are minor currencies.
The Top 8 Forex crosses are:
EUUSD 37% of total volume
USD/JPY 13% of total volume
GBD/USD 12% of total volume
AUD/USD 6% of total volume
USD/CHF 5% of total volume
USD/CAD 4% of total volume
EUJPY 2% of total volume
EUCHF 2 % of total volume
Based upon the comparison between the Bitcoin and Forex Volume we can conclude that there is a feeling of unrest in Korea, Poland, Russia and Turkey. Why put discretionary cash in bitcoin if you feel secure! Add to this the protests, negative economic indicators and international isolation and we can conclude that Turkey is ripe for unrest and the citizens wanting regime change. This does not mean that they will succeed as Erdogan controls the military. However, as we have seen in the past (example the revolution in Egypt) once the upper echelon of the army personally starts to feel the economic results of its leaders’ policies and the people start to demand change, the military almost always sides with the people for their own self-preservation and the betterment of the country they serve.
submitted by profblockchaindfw to economy [link] [comments]

Changed market hours

Yesterday, we made the following changes to our market hours:
You can find all market hours and a conversion to your local timezone on our market hours page: https://1broker.com/?c=en/content/market-hours
https://1broker.com/?c=en/content/blog&id=66
submitted by Patrick-1Broker to 1Broker [link] [comments]

Follow the Money: How a Comparison between Bitcoin and Forex Volume serves as a bellwether for political unrest.

Follow the Money. Interesting that out of the top 8 Bitcoin traded countries/currency (USD, JPY, EURO, KRW, GBD, PLN, TRY, RUB/RUR) only 4 (USD, JPY, EURO and GBD) are in the top 8 Forex pairings. The others are minor currencies.
Top 8 Forex crosses are:
EuUSD
USD/JPY
GBD/USD
AUD/USD
USD/CHF
USD/CAD
EUJPY
EUCHF
Based upon the comparison between the Bitcoin and Forex Volume we can conclude that in Korea, Poland, Russia and Turkey (numbers 4, 6, 7 and 8 on bitcoin chart) there is a feeling of unrest among those with discretionary cash. Why put discretionary cash in bitcoin if you feel secure? Are tariffs, sanctions, internal unrest reasons? Follow the money and your questions will be answered.
submitted by profblockchaindfw to economy [link] [comments]

4. How is forex traded How to Trade the USD/CAD Forex Pair 15.07.2020: RUB likely to remain under pressure (Brent, USD/RUB) 3 Steps to Choosing Best Currency Pairs to Trade in Forex Forex technical analysis and forecast Majors, equities and commodities

Which Exotic Forex Pair Moves the Most? USD/RUB is the exotic Forex pair that moves the most and with the average daily range of 4208 pips, as of 2019, it’s the most volatile currency pair in general and the most volatile exotic pair in particular. USDRUB has shown that during years, it’s been by far the most volatile currency pair. Forex Currency & Cryptocurrency Pair List (702 symbols including synthetics) from 1Forge. Live currency quotes and API documentation directory. The RUB USD FX chart can be defined as a trading platform that displays the movements of the Russian ruble and the United States Dollar in the forex market. These charts uses historical or passed data with a combination of real time oil quotes to identify a profitable investment opportunity. View product details for the USD/RUB. Range of Markets. Overview Trade 4,500+ global markets including 80+ forex pairs, thousands of shares, popular cryptocurrencies and more. Overview. NEW Bitcoin Trading available FOREX.com is a trading name of GAIN Global Markets Inc. which is authorized and regulated by the Cayman Islands Monetary USD/RUB pair is the abbreviated term used for US Dollar and Russian Ruble. the US Dollar nickname is Buck and Russian Ruble nickname is Rouble. And this pair does not have a nickname. In the forex world, XNGUSD, EURSGD, and XBRUSD pairs are positively correlated. Negative correlation – In contrast,

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4. How is forex traded

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