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FX League: NZD On Top, With JPY In Last Place

Published 24/11/2014, 12:16

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:

1

MOMENTUM:

2

LEAGUE TABLE:

3

***17.888 as a neutral score of the fixture.***
NZD, CAD, USD – BULLISH!
AUD, GBP, CHF, EUR, JPY – BEARISH!

More specifically:

4

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.

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