FX League - 14th Fixture.
Last week's achivements:
1. AUD/JPY – SHORT from 97.31 to 97.72 = LOSS 125.28 $pips
2. AUD/USD – SHORT from 0.8141 to 0.8121 = PROFIT 17 $pips
3. USD/CHF – LONG from 0.9841 to 0.9871 = PROFIT 31.67 $pips
4. CHF/JPY – SHORT from 121.39 to 121.84 = LOSS 41.76 $pips
The overall result of the week: LOSS 118.37 $pips
*The SWAPs are included in the statistics.
*$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 455.15 $pips !
Average result (per fixture): PROFIT 35.01 $ pips
This week's analysis:
TREND:
MOMENTUM:
LEAGUE TABLE:
***17.625 as a neutral score of the fixture.***
GBP, NZD, USD - BULLISH!
JPY, AUD, CAD, EUR, CHF - BEARISH!
More specifically:
This week's trades:
1. GBP/CHF – LONG from 1.5371 – volume 3*x.
2. EUR/GBP – SHORT from 0.7818 – volume x.
3. EUR/NZD – SHORT from 1.5696 – volume x.
4. NZD/CHF – LONG from 0.7652– volume x.