At present I current you an summary of trades made utilizing the Owl technique – good ranges for the EURUSD, GBPUSD and AUDUSD forex pairs for final week of the 12 months from December 25 to 29, 2023.
For comfort and well timed receipt of indicators I take advantage of the Owl Good Ranges Indicator. The primary buying and selling timeframe is M15, whereas the H1 and H4 timeframes are used to verify the development course of the upper timeframe.
EURUSD evaluate
The primary commerce on this forex pair was opened on the sign of the Owl Good Ranges indicator on Tuesday at 16:00 and closed at TakeProfit, bringing a revenue of $48.
Fig. 1. EURUSD BUY 0.25, OpenPrice = 1.10140, StopLoss = 1.10080, TakeProfit = 1.10334, Revenue = $48.50.
The second commerce on this monetary instrument occurred on Thursday at 13:30 and was closed in response to the rule of arrow reversal of the primary timeframe with a lack of about 6$.
Fig. 2. EURUSD BUY 0.11, OpenPrice = 1.11170, StopLoss = 1.11036, TakeProfit = 1.11604, Revenue = -$5.82.
The third commerce on this asset occurred on Friday at 13:15. The chance on it was elevated by 0.25% in response to the rule of the technique of accelerating danger, if the earlier commerce was closed with a loss. The commerce was closed as a result of reversal of the arrow of the primary timeframe, bringing a lack of nearly 13$.
Fig. 3. EURUSD SELL 0.14, OpenPrice = 1.10641, StopLoss = 1.10767, TakeProfit = 1.10233, Revenue = -$12.92.
GBPUSD evaluate
The primary commerce on this forex pair was opened on the Owl sign on Friday at 09:45 and was closed in response to the rule of arrow reversal of the primary timeframe with a lack of 4$.
Fig. 4. GBPUSD BUY 0.10, OpenPrice = 1.27467, StopLoss = 1.27313, TakeProfit = 1.27965, Revenue = -$3.99.
The second commerce on this asset occurred on the identical day on Friday at 14:15. The chance on it was elevated by 0.25%, as a result of the earlier commerce was closed with a loss. The commerce was closed as a result of reversal of the arrow of the primary timeframe, bringing once more a lack of 4$.
Fig. 5. GBPUSD SELL 0.06, OpenPrice = 1.27442, StopLoss = 1.27716, TakeProfit = 1.26554, Revenue = -$4.47.
AUDUSD evaluate
The primary commerce on this forex pair was opened on the Owl sign on Wednesday at 16:00 and was closed by TakeProfit, bringing a revenue of 49$.
Fig. 6. AUDUSD BUY 0.28, OpenPrice = 0.68202, StopLoss = 0.68449, TakeProfit = 0.67404, Revenue = $49.25.
The second commerce on this asset occurred on Friday at 17:15. The commerce was closed as a result of reversal of the arrow of the primary timeframe, bringing a lack of about 7$.
Fig. 7. AUDUSD SELL 0.06, OpenPrice = 0.68319, StopLoss = 0.68266, TakeProfit = 0.68493, Revenue = -$6.80.
Outcomes:
There have been 7 trades over the last buying and selling week. Buying and selling utilizing the Owl Good Ranges indicator and the technique developed on its foundation didn’t disappoint within the final buying and selling session of the 12 months. The strategic ideas of the indicator’s functioning, reminiscent of the selection of buying and selling course considering totally different timeframes and correction calculation based mostly on fractals and Fibonacci ranges, enable to generate worthwhile trades with the next degree of chance. This week buying and selling with the Owl Good Ranges indicator gave a superb results of 6.4% return on deposit for the week. We are going to comply with buying and selling based mostly on the indicator and publish evaluations subsequent 12 months as effectively. The detailed knowledge is within the remaining desk.
We are going to see how the buying and selling will appear like and the way the market will behave, in addition to what trades will likely be supplied to us to open Owl Good Ranges on Monday, through the upcoming buying and selling week.
See different evaluations of the Owl Good Ranges technique:
I am Sergei Ermolov, comply with me and do not miss extra helpful instruments for worthwhile buying and selling on Forex.
I take this chance to congratulate everybody Comfortable New Yr 2024
and want you extra profitable trades subsequent 12 months!
