How much could you earn last week?
26/01/2010
The output of negative GDP data about Great Britain on Tuesday abruptly dropped the Pound down in favor of the Dollar by more than 100 points in two hours after the output of negative data about Europe.
If we have opened short position in British pound in favor of the U.S. dollar, then we could earn 107 points in 2 hours.
And if we trade with the volume of 30,000 (it is enough to have $300 on deposit) we could earn $321 in those 2 hours.
29/01/2010
When the positive GDP data about the U.S.A. had been released the U.S. dollar continued strengthening against the British pound for more than 100 points.
If we have opened short position in British pound in favor of the U.S. dollar, then we could earn 137 points in 5 hours.
And if we have traded with volume of 30,000 (it is enough to have $300 on deposit), during this time the earnings would amount to $411.
Total results: On that one currency pair just after two transactions, and in 7 hours we could earn $732.
What kind of news can you use for transactions and getting profit this week?
News of the Euro area:
* The decision of ECB about interest rate - Thursday 04.02.2010 at 12.45 GMT.
* Speech of ECB President Jean-Claude Trichet on the monthly news conference 04/02/2010 at 13.30 GMT.
News of the United States:
* Production index ISM 01.02.2010 - Monday at 17.00 GMT.
* The change of the employees number in non-agricultural sector 05/02/2010 - Friday at 16.30 GMT.
