- Forex offers the possibility of high returns
- Diversification in your investment portfolio
- Forex trading offers both long and short opportunities
- Mulder FX is specialized in currency trading
- Minimum investment €50'000,-
- We have achieved very good results
- Clients have 24/7 access to their own account
It was a very worse week, better formulated, worse seconds/minutes on March 16, 2011 after 10PM. All week the foreign exchange market didn't move and our expectation of last week about the EUR/USD was correct. EUR/USD moved in a small trading range. The Yen and Swiss Franc moved extreme. It moved so quickly after the close of Wall Street on the 16th, almost unreal of market insiders very curious about the no support of central banks. As shares moved like this, the trading temporarily suspended. USD/JPY fell within a few seconds more than 4-5% and in the Forex market this drop is extremely. Normally, the movements just 1% throughout the day! This had a major impact on our return. We started very well in 2011 and in one market-driven action the return turned into the red.
This is very disappointing. Only we know what happened, something that very rarely occurs. It is especially unfortunate given that almost the end of the quarter, we would close all positions and our expectations for next quarter to analyze. Unfortunately, this was actually two weeks before end quarter. For most customers it is fortunately not as dramatic as our master account. This is partly due to individual stop loss levels and/or margin account. We confident that our strategy is working, just this sort of thing can not be avoided. This kind of events in the financial markets are rare, like 9/11 and last year the 900 points drop in Dow Jones.
Expectations for next week
After week like this, it is very difficult to make predictions. We do expect the EUR/USD will reveal how some ground. Problems in EU countries may be pushed to the background, but not away. We still have the confident to get back the return of the first two months.
