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FX League: Yen Comes First With Aussie Last

Published 22/12/2014, 09:45

FX League - 13th Fixture.

Last week's achivements:
1. CAD/CHF – SHORT from 0.8301 to 0.8481 = LOSS 577.16 $pips
2. AUD/CHF – SHORT from 0.7936 to 0.8012 = LOSS 83.11 $pips
3. CAD/JPY – SHORT from 102.34 to 102.97 = LOSS 59.24 $pips
4. AUD/JPY – SHORT from 97.84 to 97.31 = PROFIT 52.18 $pips

The overall result of the week: LOSS 667.34 $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 573.52 $pips !
Average result (per fixture): PROFIT 44.17 $ pips

This week's analysis:
TREND:
1

MOMENTUM:
2

LEAGUE TABLE:
3

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

More specifically:
4

This week's trades:
1. AUD/JPY – SHORT from 97.31 – volume 3*x.
2. AUD/USD – SHORT from 0.8141 – volume x.
3. USD/CHF – LONG from 0.9841 – volume x.
4. CHF/JPY – SHORT from 121.39– volume x.

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