At the moment 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 15 to 19, 2024.
For comfort and well timed receipt of indicators I take advantage of the Owl Good Ranges Indicator. The principle buying and selling timeframe is M15, whereas the H1 and H4 timeframes are used to verify the pattern course of the upper timeframe.
EURUSD evaluate
The primary and the one commerce on this forex pair was opened on the sign of the Owl Good Ranges indicator on Monday at 14:00 and was closed in response to the rule of the reversal of the arrow of the principle timeframe with a revenue of two$.
Fig. 1. EURUSD SELL 0.12, OpenPrice = 1.09532, StopLoss = 1.09659, TakeProfit = 1.09122, Revenue = $2.24.
GBPUSD evaluate
The primary commerce on this forex pair was opened on the Owl sign on Thursday at 17:00 and was closed in response to the rule of the reversal of the arrow of the principle timeframe with a lack of $12.
Fig. 2. GBPUSD SELL 0.08, OpenPrice = 1.26767, StopLoss = 1.26948, TakeProfit = 1.26179, Revenue = -$12.27.
The second commerce on this monetary instrument occurred on Friday at 17:00. Based on the technique, the commerce was opened with a better threat – 1.75%. The danger for the primary commerce is ready at 1.5% and if the commerce is closed with a loss, the chance is elevated by 0.25%. The commerce was closed at StopLoss, bringing a lack of 17$.
Fig. 3. GBPUSD BUY 0.22, OpenPrice = 1.26772, StopLoss = 1.26694, TakeProfit = 1.27024, Revenue = -$17.50.
AUDUSD evaluate
The primary commerce on this forex pair was opened on the Owl sign on Monday at 17:45 and closed in response to the rule of closing all trades at 23:00 (terminal time) with a revenue of 4$.
Fig. 4. AUDUSD SELL 0.23, OpenPrice = 0.66597, StopLoss = 0.66662, TakeProfit = 0.66387, Revenue = $4.85.
The second commerce on this monetary instrument occurred on Tuesday at 18:15 and closed, in addition to the primary commerce, in response to the rule of closing all trades at 23:00 (terminal time), bringing a revenue this time within the quantity of 32$.
Fig. 5. AUDUSD SELL 0.15, OpenPrice = 0.66063, StopLoss = 0.66166, TakeProfit = 0.65729, Revenue = $32.48.
Outcomes:
There have been 5 trades over the last buying and selling week, the whole steadiness is constructive. For the third week in a row this 12 months, the Owl Good 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 modest revenue within the quantity of 1% return on deposit for the week. This means the steadiness of the indicator’s work. The detailed knowledge are within the last desk.
We’ll see how the buying and selling will appear like and the way the market will behave, in addition to what trades might be supplied to us to open Owl Good Ranges on Monday, through the upcoming buying and selling week.
See different critiques of the Owl Good Ranges technique:
I am Sergei Ermolov, observe me and do not miss extra helpful instruments for worthwhile buying and selling on Forex.
