In the second half of 2022, we observed similar trends to those in previous periods, which mainly consist in the fact that sales were more efficient in terms of profitability. In Q3, this became even more obvious and those traders who continued to sell turned out to be right. In turn, we have long talked about the risks of a recession, which means not only a decline in stock markets, but also the depreciation of most currencies.
Oil
The best among the deals with commodities were deals with oil. On the first day of the 3rd quarter, oil could be bought at a fantastic price of $ 105.44. It was not difficult to guess that this is an incredibly high price, which will decrease sooner or later. We didn't have to wait long: prices quickly went downwards and after 3 months, traders fixed profits, closing deals at a price of $ 79.70. With an investment of $3,000, it was possible to get $25590 profit in a few months.
Gold
Gold, the most popular asset among metals, this time proved to be the most profitable among other metals. Recently, gold prices have not shown clear dynamics, and the price movement has been poorly predictable. In Q3, the situation changed because all assets were influenced by one factor - a strong dollar. It was time of Sales, and those who realized this earned $15350 on gold deals, or $153.50 on every ounce sold. At the same time, $1,700 was enough to get $15350 instead of 1,700 in 3 months.
GBP/USD
GBP/USD is the best currency pair for the 3rd quarter. In general, everyone who bought the dollar by selling other currencies made a profit, but those who sold the Pound became the richest, because in September the pound was falling to unprecedented lows due to the tax reforms of the new government. As a result, with an investment of $ 350, it was possible to get a profit of $ 14,900 or $ 149 in 3 months with the opening of a minimum deal of 0.01 lot, spending only $3.5.
HSI 50
The best deals on the stock market were deals with the Hong Kong Index. The Asian market showed clear but negative dynamics in Q3. The Chinese economy gave investors extremely clear signals of a recession in the global economy, and the index is the main indicator of risk sentiment. According to the results of the 3rd quarter, the HSI 50 index decreased by 26.6%. As a result, HSI 50 traders received $4644/lot profit, with almost no drawdowns, while American and European indices were extremely unstable until September.
To sell today in order to buy even cheaper later is the formula of success in Q3. Today, in the beginning of quarter 4, the market remains under the influence of downward trends. At the same time, being at the lows, it would be reasonable to open opposite trades, earning on the recovery. Do not stay away from cash flows - open the deals with SuperForex today, and next time we will tell people around the world about your own best deal.
