September 27, 2010
You could have earned $995 in just two transactions that took a total of 5 hours.
September 21, 2010
After the U.S. Federal Reserve announced that it would not touch interest rates, the British pound gained sharply against the U.S. dollar, shooting up over 100 points in one hour.
If you had earned on GBP against USD by buying at 1.5533 and selling at 1.5621, you could have gained 88 points in one hour. With a trading volume of $50,000 (you can do this with just $500 in your account), you could have earned $440 in that hour.
September 24, 2010
Reacting to positive news on Spain's tough budget-cutting measures, the British pound strengthened against the U.S. dollar, gaining almost 150 points in four hours.
If you had earned on GBP against USD by buying at 1.5662 and selling at 1.5773, you could have gained 111 points in four hours. With a trading volume of $50,000 (remember, you only need $500 in your account to do this), you could have earned $555 in those four hours.
Summary:
With just $500 in your account and only trading in one currency pair, you could have earned $995 in just two transactions that took a total of 5 hours.
What news can you use to make transactions and earn this week?
Eurozone News:
- Data on private loans and М3 money supply - September 27, 2010 (Monday at 08.00 GMT).
- Consumer price index - September 30, 2010 (Thursday at 09.00 GMT).
U.S. News:
- Richmond manufacturing index - September 28, 2010 (Wednesday at 14.00 GMT).
- Mortgage lending data - September 29, 2010 (Wednesday at 11.00 GMT).
