AMarkets Trade Of The Week: August 9 – August 13, 2021

The most profitable trade last week was the short sale of NGAS, a natural gas futures contract. The trader turned in 5.67% profit or $4935 in four trading days by opening a short position of 0.7 lots. Natural gas prices have been declining throughout the past week. The downtrend continued after the publication of the EIA report, which showed that gas supply increased significantly over the past week.

SELL on 09.08.2021 at 13:53 ЕЕSТ at $4.144,
BUY on 13.08.2021 at 19:38 ЕЕSТ at $3.909.

Among the currency pairs, the most profitable trade was the NZD/USD purchase. The client opened a long position of 5.1 lots at the lower border of the sideways range and earned $3942 profit or 1.11% in one trading day.

BUY on 10.08.2021 at 08:00 ЕЕSТ at 0.69724,
SELL on 11.08.2021 at 15:43 ЕЕSТ at 0.70497

Deposit $300 or greater into your account and get a 15% trading bonus.

The promotion is valid until August 20 inclusive. To receive your bonus, make a deposit, contact your personal manager and tell him the promo code BESTTRADE.

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