The first half of 2022 was the worst six months for equity markets since the 1970s, and some say that even worse. Stocks plummeted across the board, and cryptocurrencies followed. However, savvy traders made even bigger money than during the bull market.
SimpleFX veteran margin traders benefited mostly from major forex pairs, cryptocurrencies, oil prices, and the changing NDX100 price.
Here are the most profitable Trading Ideas in June. Hopefully, you are following these SimpleFX users, as they provide some insightful advice time and time again.
Every month the authors of the best recommendations are rewarded with bitcoin. Congratulations.
Trading Idea | Author | Recommendation | Reward |
GBPUSD Long | abbounmeriem | buy GBPUSD 1.21369, tp 1.24000 | $25 |
BTCUSD SHORT SETUP 1HR | arcthreedesign | sell BTCUSD 21642, tp 18187 | $25 |
NDX100 technical analysis | bidahouria21 | buy NDX100 11422.6, tp 11750.0 | $25 |
USOIL technical analysis | adnanehicham99 | buy USOIL 106.0, tp 109.2 | $25 |
Remember we introduced new maximum leverage for forex majors. Now you can trade even with 1000x leverage. Give it a try if you want to boost your profits, but remember that trading with high leverage will accelerate your losses if the market goes against you.