As we speak 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 November 4 to eight, 2024.
For comfort and well timed receipt of indicators I exploit the Owl Sensible Ranges Indicator. The principle buying and selling timeframe is M15, whereas the H1 and H4 timeframes are used to verify the development path of the upper timeframe.
EURUSD overview
The primary commerce on this forex pair was opened by the Owl sign on Monday at 15:15 and closed in accordance with the rule of arrow reversal of the primary timeframe with a lack of 9$.
Fig. 1. EURUSD BUY 0.14, OpenPrice = 1.108970, StopLoss = 1.108865, TakeProfit = 1.09312, Revenue = – $9.57.
The second commerce on this instrument was opened on Wednesday at 10:30. In keeping with the technique, the commerce was opened with a better threat – 1.75%. The danger for the primary commerce is ready at 1.5% and if the commerce is closed with a loss, the danger is elevated by 0.25%. The commerce was closed in accordance with the rule of arrow reversal of the primary timeframe with a revenue of 18$.
Fig. 2. EURUSD SELL 0.05, OpenPrice = 1.07587, StopLoss = 1.07938, TakeProfit = 1.06449, Revenue = $18.30.
GBPUSD overview
The primary and the one commerce on this forex pair was opened by the Owl sign on Tuesday at 15:15 and closed at TakeProfit with a revenue of 64$.
Fig. 3. GBPUSD BUY 0.21, OpenPrice = 1.29818, StopLoss = 1.29745, TakeProfit = 1.30056, Revenue = $64.73.
AUDUSD overview
The primary commerce on this forex pair was opened by the Owl sign on Monday at 15:30 and closed at StopLoss with a lack of $15.
Fig. 4. AUDUSD SELL 0.18, OpenPrice = 0.65915, StopLoss = 0.65832, TakeProfit = 0.66185, Revenue = -$15.00.
The second commerce on this instrument was opened by the Owl sign on Tuesday at 19:00. In keeping with 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 in accordance with the rule of liquidation of all trades after 23:00 with a revenue of $12.
Fig. 5. AUDUSD BUY 0.23, OpenPrice = 0.66285, StopLoss = 0.66210, TakeProfit = 0.66529, Revenue = $12.60.
Abstract:
There have been 5 trades over the past buying and selling week, the whole stability is constructive. Regardless of the elevated volatility available in the market because of the elections within the USA, the Owl Sensible Ranges indicator and the buying and selling system developed on its foundation confirmed their effectivity in buying and selling and introduced an excellent revenue of seven.1%. The detailed knowledge are within the closing desk.
See different critiques of the Owl Sensible Ranges technique:
I am Sergei Ermolov, comply with me and do not miss extra helpful instruments for worthwhile buying and selling on Forex.
