FX League - 16th Fixture.
Last week's achivements:
1. CAD/JPY – SHORT from 102.19 to 99.94 = PROFIT 559.72 $pips
2. USD/CAD – LONG from 1.1781 to 1.1853 = PROFIT 58.17 $pips
3. USD/CHF - LONG from 1.0063 to 1.0141 = PROFIT 75.92 $pips
4. CHF/JPY – SHORT from 119.68 to 116.88 = PROFIT 235.48 $pips
The overall result of the week: PROFIT 929.29 $pips
*The SWAPs are included in the statistics.
*$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 1418.89 $pips !
Average result (per fixture): PROFIT 94.59 $ pips
This week's analysis:
TREND:
MOMENTUM:
LEAGUE TABLE:
***18.3 as a neutral score of the fixture.***
JPY, NZD, AUD - BULLISH!
USD, CAD, CHF, EUR, GBP - BEARISH!
More specifically:
This week's trades:
1. GBP/JPY – SHORT from 179.38 – volume 3*x.
2. EUR/JPY – SHORT from 140.09 – volume x.
3. EUR/NZD – SHORT from 1.5091 – volume x.
4. GBP/NZD – SHORT from 1.9331 – volume x.