FX League: The US Dollar Comes In First With The Australian Dollar Last
Bartosz Nurzynski | Dec 01, 2014 12:54
FX League Table - 10th Fixture:
Let's look at last week's achievements:
1. NZD/JPY – LONG z 92.96 na 92.97 = PROFIT 13.92 $pips (*positive SWAP)
2. CAD/JPY – LONG z 104.94 na 103.82 = LOSS 102.92 $pips
3. EUR/NZD – SHORT z 1.5675 na 1.5867 = LOSS 149.49 $pips
4. EUR/CAD – SHORT z 1.3886 na 1.4214 = LOSS 291.59 $pips
The overall result of the week: LOSS 530.08 $pips
*The SWAPs are included in the statistics.
*$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 589.43 $pips !
Average result (per fixture): PROFIT 58.94 $ pips
This week's analysis:
TREND:
MOMENTUM:
LEAGUE TABLE:
***17.025 as a neutral score of the fixture.***
USD, NZD, EUR – BULLISH!
CHF, GBP, CAD, JPY, AUD - BEARISH:
More specifically:
This week's trades:
1. AUD/USD – SHORT from 0.8468 – volume 3*x
2. AUD/NZD – SHORT from 1.0832 – volume x
3. USD/JPY – LONG from 118.74 – volume x
4. NZD/JPY – LONG from 92.81 – volume x
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