Home Forex Evaluate of trades of the Owl Sensible Ranges technique for the week from July 10 to 14, 2023 – My Buying and selling – 17 July 2023

Evaluate of trades of the Owl Sensible Ranges technique for the week from July 10 to 14, 2023 – My Buying and selling – 17 July 2023

0
Evaluate of trades of the Owl Sensible Ranges technique for the week from July 10 to 14, 2023 – My Buying and selling – 17 July 2023

[ad_1]

At this time I current you an outline of trades made utilizing the Owl technique – sensible ranges for the EURUSD, GBPUSD and AUDUSD foreign money pairs for the week from July 10 to 14, 2023.

For comfort and well timed receipt of alerts I exploit the Owl Sensible Ranges Indicator. The principle buying and selling timeframe is M15, whereas the H1 and H4 timeframes are used to substantiate the development path of the upper timeframe.

Solely 3 trades have been opened on two of the three foreign money pairs. The Owl Sensible Ranges indicator supplied just a few extra trades, however they occurred at evening time, wherein we don’t commerce in response to native guidelines.

 

EURUSD evaluate

The Owl Sensible Ranges indicator gave the primary sign to open a commerce for purchasing on EURUSD on Monday afternoon.

Fig. 1. EURUSD BUY 0.16, OpenPrice = 1.09570, StopLoss = 1.09475, TakeProfit = 1.09876, Revenue = $3.

Having closed the commerce in time earlier than the change of worth path, we managed not solely to keep away from losses, however even to get a minimal revenue.

The subsequent commerce, additionally to purchase EURUSD, was supplied by the indicator on Tuesday morning.

Fig. 2. EURUSD BUY 0.19, OpenPrice = 1.10126, StopLoss = 1.10046, TakeProfit = 1.10386, Revenue = -$15.

However regardless of the guide closing proper after the massive arrow flip, the closing degree was virtually on the StopLoss degree.

On Wednesday and Thursday Owl Sensible Ranges didn’t supply trades, and Friday the market largely spent within the useless zone, and no trades have been opened.

 

GBPUSD evaluate

The market spent Monday within the useless zone, and Owl Sensible Ranges supplied to open a commerce for purchasing on Tuesday morning.

Fig. 3. GBPUSD BUY 0.08, OpenPrice = 1.28830, StopLoss = 1.28651, TakeProfit = 1.29408, Revenue = $48.44.

The commerce was carried out in a classical means, and after a while it closed on the TakeProfit degree.

Simply as within the case with EURUSD, Owl Sensible Ranges didn’t supply trades on Wednesday and Thursday, and Friday the market spent within the useless zone, and no extra trades have been opened.

 

AUDUSD evaluate

There have been no trades on the AUDUSD asset even though the market was within the useless zone solely on Friday.

 

Outcomes:

So, there have been solely 3 trades over the last buying and selling week. All three of them have been for purchasing. One classically closed by TakeProfit with an excellent revenue. The opposite one introduced a ridiculous revenue of three {dollars}, however it is very important perceive that it was a minimization of losses in response to the indicator trace. A loss was recorded on one commerce. Due to the mathematical part of the Owl Sensible Ranges technique, the profitability of the worthwhile commerce exceeded the results of the dropping another than thrice, so the ultimate desk appears to be like roughly acceptable.

So, this week’s result’s somewhat modest. Properly, let’s examine how buying and selling will appear like within the new buying and selling week, how the market will behave, and what trades Owl Sensible Ranges will supply us to open.

See different opinions of the Owl Sensible Ranges technique:

I am Sergei Ermolovobserve me and do not miss extra helpful instruments for worthwhile buying and selling on Forex.

[ad_2]

LEAVE A REPLY

Please enter your comment!
Please enter your name here