Remember the LORD for it is he who gives you the ability to produce wealth and so confirms his covenant... Deut. 8:18

Tuesday, March 31, 2009

AUD/USD price rally for month of March

AUD from the beginning of the month = 0.63109 USD
AUD as of toady = 0.68698
Gain of 5,589 points (9%)
If you had bought AUD/USD at the beginning of the month, your gain would have been 9%.
If you were trading this pair on the forex market, using $1,000 with a leverage of 100:1 to purchase a contract of $100,000 USD, your gain would have been approximately US$5, 500
That's a 5-fold gain...

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