An example of a profitable trade by AForex customer in a week.How much can be earned in a week?
Last week the British pound rose in anticipation of the announcement of the results of the Scottish referendum, reaching a maximum of two weeks. After the announcement of the first results, where it became known that the Scots reject the independence – the British pound broke above the 1.65 level. At the same time, the Japanese yen surged to a six-year high 109.45. As a result, the most profitable trade of the week, made by our client, was the long trade with the cross-rate GBPJPY (buying on September 17 at 10:55 UTC at the price of 175.02 / selling on September 19 at 5:18 UTC at the price of 179.53). This resulted in the profit of 2.6%.
In the sector of contracts for difference (CFD) the most profitable trade involved Natural Gas (NGAS). The trade resulted in the profit of 62 pips (buying on September 16 at 13:54 UTC at the price of 3.88 / selling the same day at 16:45 UTC at the price of 3,942). In percentage terms, the profit equals to 2%.
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