After an extended break, I am coming again to you with weekly experiences on the operation of the Owl Good Ranges Indicator.
Right now I current you an outline of trades made utilizing the Owl technique – good ranges for the EURUSD, GBPUSD and AUDUSD forex pairs for the week from September 30 to October 4, 2024.
For comfort and well timed receipt of alerts I take advantage of the Owl Good Ranges Indicator. The primary buying and selling timeframe is M15, whereas the H1 and H4 timeframes are used to verify the development course of the upper timeframe.
EURUSD evaluation
The primary commerce on this forex pair was opened by the Owl sign on Tuesday at 22:00 and was closed in line with the rule of liquidation of all trades after 23:00 with a revenue of 4$.
Fig. 1. EURUSD SELL 0.10, OpenPrice = 1.10704, StopLoss = 1.10861, TakeProfit = 1.10198, Revenue = $4.20
The second commerce on this instrument was opened on Wednesday at 09.15 and closed at StopLoss with a lack of 15$.
Fig. 2. EURUSD SELL 0.20, OpenPrice = 1.10655, StopLoss = 1.10730, TakeProfit = 1.10413, Revenue = -$15.00
The third commerce on this forex pair was opened by the Owl sign on Thursday at 09:45. In keeping with the technique, the commerce was opened with the next threat – 1.75%. The chance for the primary commerce is ready at 1.5% and if the commerce is closed with a loss, the danger is elevated by 0.25%. The commerce was closed at TakeProfit with a revenue of 56$.
Fig. 3. EURUSD SELL 0.20, OpenPrice = 1.10382, StopLoss = 1.10468, TakeProfit = 1.10104, Revenue = $56.57
The fourth commerce on this forex pair was opened by the Owl sign on the identical day on Thursday at 19:45 and closed in line with the rule of liquidation of all trades after 23:00 with a revenue of three$.
Fig. 4. EURUSD SELL 0.10, OpenPrice = 1.10313, StopLoss = 1.10460, TakeProfit = 1.09837, Revenue = $3.67
The fifth commerce on this instrument was opened on Friday at 13.30 and closed at StopLoss with a lack of $15.
Fig. 5. EURUSD SELL 0.25, OpenPrice = 1.10290, StopLoss = 1.10349, TakeProfit = 1.10098, Revenue = -$15.00
GBPUSD evaluation
The primary and the one commerce on this forex pair was opened by the Owl sign on Monday at 13:15 and closed at StopLoss with a lack of 15$.
Fig. 6. GBPUSD BUY 0.08, OpenPrice = 1.33922, StopLoss = 1.33736, TakeProfit = 1.34522, Revenue = -$15.00
AUDUSD evaluation
The primary commerce on this forex pair was opened by the Owl sign on Monday at 18:30 and closed at StopLoss with a lack of 15$.
Fig. 7. AUDUSD BUY 0.19, OpenPrice = 0.69275, StopLoss = 0.69195, TakeProfit = 0.69535, Revenue = -$15.00
The second commerce on this instrument was opened by the Owl sign on Tuesday at 21:15. In keeping with the technique, the commerce was opened with the next threat – 1.75%, because the earlier commerce was closed with a loss. The commerce was closed in line with the rule of arrow reversal of the primary timeframe with a lack of 1$.
Fig. 8. AUDUSD SELL 0.08, OpenPrice = 0.68912, StopLoss = 0.69132, TakeProfit = 0.68200, Revenue = -$00.40
The third commerce on this forex pair was opened by the Owl sign on Wednesday at 18:45. In keeping with the technique, the danger was elevated by one other 0.25% and amounted to 2%. The commerce was closed in line with the rule of liquidation of all trades after 23:00 with a revenue of 13$.
Fig. 9. AUDUSD SELL 0.21, OpenPrice = 0.68929, StopLoss = 0.69026, TakeProfit = 0.68617, Revenue = $13.61
The fourth commerce on this instrument was opened on Thursday at 09.30 and closed at TakeProfit with a revenue of 48$.
Fig. 10. AUDUSD SELL 0.12, OpenPrice = 0.68741, StopLoss = 0.68863, TakeProfit = 0.68345, Revenue = $48.69
The fifth commerce on this instrument was opened on Friday at 13.30 and closed additionally at TakeProfit with a revenue of 49$.
Fig. 11. AUDUSD SELL 0.28, OpenPrice = 0.68435, StopLoss = 0.68488, TakeProfit = 0.68261, Revenue = $49.25
Abstract:
There have been 11 trades over the past buying and selling week, the entire steadiness is optimistic. The Owl Good Ranges Indicator and the buying and selling system developed on its foundation have proven their effectivity in buying and selling and introduced a strong revenue of 11.6%. The detailed information are within the ultimate desk.
See different critiques of the Owl Good Ranges technique:
I am Sergei Ermolov, observe me and do not miss extra helpful instruments for worthwhile buying and selling on Forex.