At this time I current you an outline of trades made utilizing the Owl technique – good ranges for the EURUSD, GBPUSD and AUDUSD foreign money pairs for the week from December 11 to fifteen, 2023.
For comfort and well timed receipt of alerts I exploit the Owl Good Ranges Indicator. The primary buying and selling timeframe is M15, whereas the H1 and H4 timeframes are used to verify the pattern path of the upper timeframe.
EURUSD evaluation
The primary commerce on this foreign money pair was opened by the sign of the Owl Good Ranges indicator on Monday at 08:30 and closed by TakeProfit, bringing a revenue of 48$.
Fig. 1. EURUSD SELL 0.30, OpenPrice = 1.07682, StopLoss = 1.07732, TakeProfit = 1.07520, Revenue = $48.60.
The second commerce on this monetary instrument occurred on Wednesday at 14:00 and closed this time at StopLoss, bringing a lack of 15$.
Fig. 2. EURUSD SELL 0.20, OpenPrice = 1.07846, StopLoss = 1.07921, TakeProfit = 1.07602, Revenue = -$15.
GBPUSD evaluation
The primary and the one commerce on this foreign money pair was opened by the Owl sign on Wednesday at 18:30 and closed based on the rule of liquidation of all trades after 19:00 GMT (21:00 terminal time), bringing a revenue of 21$.
Fig. 3. GBPUSD SELL 0.09, OpenPrice = 1.25309, StopLoss = 1.25472, TakeProfit = 1.24783, Revenue = $21.35.
AUDUSD evaluation
The primary commerce on this foreign money pair was opened by the Owl sign on Thursday at 15:00 and was closed at StopLoss, bringing a lack of 15$.
Fig. 4. AUDUSD BUY 0.13, OpenPrice = 0.64005, StopLoss = 0.66893, TakeProfit = 0.67369, Revenue = -$15.
The second commerce on this monetary instrument occurred on Wednesday at 14:00 and closed at StopLoss, bringing a lack of 17$.
Fig. 5. AUDUSD BUY 0.14, OpenPrice = 0.67055, StopLoss = 0.66934, TakeProfit = 0.67445, Revenue = -$17.50.
Outcomes:
There have been 5 trades over the past buying and selling week. The Owl Good Ranges indicator and the technique developed on its foundation confirmed a modest consequence, however the general stability remained constructive. Nobody indicator or technique can continuously generate earnings, particularly vital ones, as a result of variability and excessive volatility of Forex. The stability obtained utilizing alerts from the Owl Good Ranges indicator nearly all the time stays within the constructive zone. That is facilitated by the time-tested rules of buying and selling, embedded in it. Competent cash or danger administration, built-in in a balanced method into the buying and selling technique, additionally performs an necessary function.The detailed knowledge are 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 supplied to us to open Owl Good Ranges on Monday, in the course of the upcoming buying and selling week.
See different opinions 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.
