At this time I current you an summary of trades made utilizing the Owl technique – sensible ranges for the EURUSD, GBPUSD and AUDUSD forex pairs for the week from October 28 to November 1, 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 overview
The primary commerce on this forex pair was opened by the Owl sign on Thursday at 15:45 and was closed at StopLoss with a lack of 15$.
Fig. 1. EURUSD BUY 0.14, OpenPrice = 1.108690, StopLoss = 1.108584, TakeProfit = 1.09032, Revenue = -$15.00.
The second commerce on this instrument was opened on Friday at 15:15. Based on the technique, the commerce was opened with a better threat – 1.75%. The danger 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 once more at StopLoss with a lack of $17.
Fig. 2. EURUSD BUY 0.09, OpenPrice = 1.08721, StopLoss = 1.08517, TakeProfit = 1.09379, Revenue = -$17.50.
GBPUSD overview
The primary commerce on this forex pair was opened by the Owl sign on Tuesday at 17:15 and was closed in response to the rule of liquidation of all trades after 23:00 with a revenue of 33$.
Fig. 3. GBPUSD BUY 0.10, OpenPrice = 1.29809, StopLoss = 1.29664, TakeProfit = 1.30279, Revenue = $33.52.
The second commerce on this instrument was opened by the Owl sign on Wednesday at 11:15 and was closed at StopLoss with a lack of 15$.
Fig. 4. GBPUSD BUY 0.16, OpenPrice = 1.30089, StopLoss = 1.29995, TakeProfit = 1.30391, Revenue = -$15.00.
AUDUSD overview
The primary commerce on this forex pair was opened by the Owl sign on Tuesday at 16:00 and was closed in response to the rule of liquidation of all trades after 23:00 with a revenue of 15$.
Fig. 5. AUDUSD SELL 0.15, OpenPrice = 0.65697, StopLoss = 0.65800, TakeProfit = 0.65363, Revenue = $15.44.
The second commerce on this instrument was opened by the Owl sign on Wednesday at 08:45 and closed at StopLoss with a lack of 15$.
Fig. 6. AUDUSD SELL 0.12, OpenPrice = 0.65569, StopLoss = 0.65698, TakeProfit = 0.65151, Revenue = -$15.00.
The third commerce on this forex pair was opened by the Owl sign on Thursday at 14:00. Based on the technique, the commerce was opened with a better threat – 1.75%. The danger for the primary commerce is ready at 1.5% and if the commerce is closed with a loss, the danger is elevated by 0.25%. The commerce was closed at TakeProfit with a revenue of 56$.
Fig. 7. AUDUSD SELL 0.37, OpenPrice = 0.65734, StopLoss = 0.65781, TakeProfit = 0.65582, Revenue = $56.60.
The fourth commerce on this instrument was opened on Thursday at 18:15 and closed by the rule of arrow reversal of the primary timeframe with a lack of 1$.
Fig. 8. AUDUSD SELL 0.11, OpenPrice = 0.65617, StopLoss = 0.65759, TakeProfit = 0.65157, Revenue = -$1.27.
Abstract:
There have been 8 trades over the past buying and selling week, the entire stability 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 very good revenue – 4.2%. The detailed knowledge are within the closing desk.
See different evaluations of the Owl Good Ranges technique:
I am Sergei Ermolov, comply with me and do not miss extra helpful instruments for worthwhile buying and selling on Forex.