FX League Table - 9th Fixture:
Let's look at last week's achievements:
1. GBP/NZD – SHORT from 1.9717 to 1.9849 = LOSS 302.98 $pips
2. EUR/GBP – LONG from 0.7985 to 0.7911 = LOSS 125.81 $pips
3. NZD/JPY – LONG from 92.59 to 92.86 = PROFIT 27.84 $pips
4. EUR/JPY – LONG from 145.93 to 146.01 = PROFIT 3.71 $pips
The overall result of the week: LOSS 397.24 $pips
*The SWAPs are included in the statistics.
*$pips term is used to standardize the calculations. So every profit and loss is counted as US Dollar was the base currency.
*Volumes: 1. Vs 8. – 3 times basic volume, others traded with basic volume.
The overall FX League result: PROFIT 1119.51 $pips !
Average result (per fixture): PROFIT 124.39 $ pips
This week's analysis:
TREND:
MOMENTUM:
LEAGUE TABLE:
***17.888 as a neutral score of the fixture.***
NZD, CAD, USD – BULLISH!
AUD, GBP, CHF, EUR, JPY – BEARISH!
More specifically:
Taking all this into account, trades for this week:
1. NZD/JPY – LONG from 92.96 – volume 3*x.
2. CAD/JPY – LONG from 104.92– volume x.
3. EUR/NZD – SHORT from 1.5675 – volume x.
4. EUR/CAD – SHORT from 1.3886 – volume x.