In the present day I current you an outline of trades made utilizing the Owl technique – sensible ranges for the EURUSD, GBPUSD and AUDUSD forex pairs for the week from January 8 to 12, 2024.
For comfort and well timed receipt of indicators I take advantage of the Owl Sensible Ranges Indicator. The principle buying and selling timeframe is M15, whereas the H1 and H4 timeframes are used to substantiate the development path of the upper timeframe.
EURUSD evaluate
The primary commerce on this forex pair was opened on the sign of the Owl Sensible Ranges indicator on Monday at 09:00 and was closed in response to the rule of the arrow reversal of the principle timeframe with a revenue of three$.
Fig. 1. EURUSD SELL 0.18, OpenPrice = 1.09438, StopLoss = 1.09523, TakeProfit = 1.09164, Revenue = $3.53.
The second commerce on this monetary instrument occurred on Tuesday at 19:15 and closed in response to the rule of closing all trades at 23:00 (terminal time) with a revenue of seven$.
Fig. 2. EURUSD SELL 0.10, OpenPrice = 1.09349, StopLoss = 1.09504, TakeProfit = 1.08847, Revenue = $7.45.
The third commerce on this forex pair occurred on Thursday at 21:00 and closed in response to the rule of closing all trades at 23:00 (terminal time), bringing a revenue of some cents.
Fig. 3. EURUSD SELL 0.06, OpenPrice = 1.09717, StopLoss = 1.09979, TakeProfit = 1.08871, Revenue = $0.57.
GBPUSD evaluate
The primary and the one commerce on this forex pair was opened on the Owl sign on Thursday at 09:45 and closed at StopLoss with a lack of 15$.
Fig. 4. GBPUSD BUY 0.27, OpenPrice = 1.27642, StopLoss = 1.27587, TakeProfit = 1.27822, Revenue = -$15.
AUDUSD evaluate
The primary commerce on this forex pair was opened on the Owl sign on Monday at 16:30 and was closed at StopLoss, bringing a lack of 15$.
Fig. 5. AUDUSD SELL 0.18, OpenPrice = 0.66904, StopLoss = 0.66989, TakeProfit = 0.66628, Revenue = -$15.
The second commerce on this monetary instrument occurred on Wednesday at 19:30. In line with the technique, the commerce was opened with a better danger – 1.75%. The danger for the primary commerce is ready at 1.5% and if the commerce is closed with a loss, the danger is elevated by 0.25%. The commerce was closed in response to the rule of the arrow reversal of the principle timeframe with a lack of virtually 9$.
Fig. 6. AUDUSD SELL 0.32, OpenPrice = 0.66940, StopLoss = 0.66995, TakeProfit = 0.66762, Revenue = -$8.91.
The third commerce on this forex pair occurred on Friday at 10:00. In line with the technique, the danger was elevated by one other 0.25% and amounted to 2%. The commerce was closed by TakeProfit, bringing a revenue of 65$.
Fig. 7. AUDUSD SELL 0.29, OpenPrice = 0.67060, StopLoss = 0.67130, TakeProfit = 0.66832, Revenue = $65.14.
Outcomes:
There have been 7 trades over the past buying and selling week, the overall stability is optimistic. All of the week buying and selling was in a sideways hall, the market couldn’t select the path of its motion. On this tough buying and selling scenario, the Owl Sensible Ranges indicator and the buying and selling system developed on its foundation, once more confirmed their effectivity when utilizing them in buying and selling and introduced a very good revenue of three.8% return on deposit for the week.The detailed knowledge is within the ultimate desk.
We’ll see how the buying and selling will appear like and the way the market will behave, in addition to what trades will likely be provided to us to open Owl Sensible Ranges on Monday, in the course of the upcoming buying and selling week.
See different evaluations of the Owl Sensible Ranges technique:
I am Sergei Ermolov, comply with me and do not miss extra helpful instruments for worthwhile buying and selling on Forex.
