FX League - 17th Fixture.
Last week's achivements:
1. GBP/JPY – SHORT from 179.38 to 178.11 = PROFIT 320.51 $pips
2. EUR/JPY – SHORT from 140.09 to 136.06 = PROFIT 341.03 $pips
3. EUR/NZD – SHORT from 1.5091 to 1.4841 = PROFIT 197.61 $pips
4. GBP/NZD – SHORT from 1.9331 to 1.9434 = LOSS 77.22 $pips
The overall result of the week: PROFIT 781.93 $pips
*The SWAPs are included in the statistics.
*$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 2200.82 $pips !
Average result (per fixture): PROFIT 137.55 $ pips
This week's analysis:
***Swiss Franc is not included into the analysis for this and the next week. At present it is not possible to find the optimal indicators and the moves can still impound the SNB decision***
TREND:
MOMENTUM:
LEAGUE TABLE:
***16.35 as a neutral score of the fixture.***
AUD, JPY - BULLISH!
GBP, NZD, USD, EUR, CAD - BEARISH!
More specifically:
This week's trades:
1. AUD/CAD – LONG from 0.9842 – volume 3*x.
2. EUR/AUD – SHORT from 1.4054 – volume x.
3. CAD/JPY – SHORT from 97.98 – volume x.
4. EUR/JPY – SHORT from 135.70 – volume x.