years on the market

Grand Capital weekly recap April 13th–17th

Last week brought more profitable traders for our most active clients, while newcomers received their share of bonuses from Grand Capital. Let’s take a look at the activity of our trading enthusiasts for the period April of 13th–17th in numbers.

Grand Capital traders continue to demonstrate high performance despite the financial crisis. The most active client of the last week placed 1,217 trades, including 838 profitable ones. The trades involved the most popular Forex instrument, EUR/USD.

Last week’s most profitable trade involved selling AUD/CAD and brought $3,837 to the trader in a little less than a whole day.

The most successful trader of the last week earned $7,201 on a Standard account.

Meanwhile, more clients claimed their +40% deposit bonuses as per Grand Capital’s tradition. Over the last week, 48 traders received $7,706 in bonus funds on their accounts. To add a tradable bonus to your deposit, open a Standard account, and deposit at least $100. The profit can be withdrawn, the bonus itself can be transferred to your personal funds.

Crisis is the right time for active trading, as proven by the examples above. Join those who profit from it.

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Last week’s most common instruments

The most popular instruments on April 13th–17th were EUR/USD, GBP/USD, AUD/USD, EUR/JPY, USD/CAD, GOLD, USD/JPY, EUR/AUD, GBP/JPY, AUD/CAD.

Other instruments used by our traders:

AUD/CHF: the pair that represents the rate of the Australian dollar to the Swiss franc. The instrument is characterized by medium volatility which can vary within 60–100 pips a day, but the AUD is a more volatile instrument. It’s affected by the volume of exported raw materials, as well as the level of agricultural sector development in general. The economy of Switzerland is known for its stability. Despite the lack of natural resources, other industries are well-developed, for example banking and the service sector. This currency pair’s movement is correlated to indices and precious metals, e.g.: XAU/EUR, XAU/USD, XAG/EUR, HK50 index.

#AMAZON: the world’s largest online retailer that sells products across more than 30 categories. A rather popular instrument among investors due to its consistent behavior. The Amazon stock’s rate is influenced by the company’s current situation, as well as foreign politics, international agreements, and other external factors. Grand Capital offers Amazon stock CFDs for trading.

CAC40: France’s most important stock index, indicates the financial health of 40 major companies, one of the most influential stock market indicators in Europe. CAC40 includes stocks of companies in various sectors: oil, pharmaceuticals, light industry, insurance, finance, electronics, construction, etc. The total market cap of the companies is over 1 trillion euros.

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