FX League Table - 8th Fixture:
Let's look at last week's achievements:
1. NZD/JPY - LONG from 88.93 to 91.91 = PROFIT 840.77 $pips
2. AUD/NZD - SHORT from 1.1119 to 1.1056 = PROFIT 47.16 $pips
3. AUD/CHF - SHORT from 0.8338 to 0.8388 = LOSS 57.97 $pips
4. CHF/JPY - LONG from 118.59 to 121.15 = PROFIT 268.77 $pips
The overall result of the week: PROFIT 1098.73 $pips
*The SWAPs are included in the statistics.
*$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 1516.75 $pips !
This week's analysis:
TREND:
MOMENTUM:
LEAGUE TABLE:
***17.325 as a neutral score of the fixture.***
NZD, EUR, AUD, CHF, CAD – BULLISH!
USD, JPY, GBP – BEARISH!
More specifically:
Taking all this into account, trades for this week:
1. GBP/NZD – SHORT from 1.9717 – volume 3*x.
2. EUR/GBP – LONG from 0.7985 – volume x.
3. NZD/JPY – LONG from 92.59 – volume x.
4. EUR/JPY – LONG from 145.93 – volume x.