06 April 2015
March was a joyful month for traders due to its energetical movement and even EURUSD was among leaders on volatility. How did it impact on results of activity of “FreshForex” traders?
Let us open secrets of the most successful deals!
- Deposit of the most gaining leader only amounted to 10$, but he managed to increase by as much as 1081% just for 4 weeks. A skillful intraday trading with GBPUSD and EURUSD brought him to success.
- The most active client made a crazy number of deals – 13 109 per month. Such result was achieved due to a competent work with an Expert Advisor.
- The most profitable trader of the month earned 196 000$. What is the secret of his success? Firstly, using volatile instruments: this portfolio includes oil and metals XAGUSD, XAUUSD and XPDUSD. Secondly, it is an entrepreneurial attitude of the trader. He was looking for any chance to earn and thus he could avail from both upsurge and decline of quotations.
- The most profitable deal of March granted FreshForex trader with the amount 5 100 USD. He smartly calculated the best entry points for sell on 1 lot of EURUSD and obtained a deserved profit.
What was happening on markets in March?
In March ECB put printing press in action which pressed on EUR/USD — it lost 4% over the month. Negative report on inflation in Great Britain knocked pair GBP/USD out. According to the month results, quotes of the British currency lost 3.94%. The demand in USD/JPY is supported by the fact that Japanese exporters are still in trouble. Its quotes had grown by 0.33% by the end of month.
A soft monetary policy of ECB pushes up leading stock indicators of Europe. As the result, in the first month of Spring DAX30 index added 4.94%. Oil reserves in the USA reached its 80 years’ maximum which affected quotes of “black gold”. WTI contracts in March lost 4.29%.
Leading economies of the world are to face deflation and therefore gold lost its attractive force. This metal lost 2.4% in March. In the winter months demand in the US cars dropped and palladium quotes went down. Car industry is the first branch demanding this metal, so by the end of the month the quotes became lower for as much as 9.8%.
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Wish you good luck in trading!
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