FX League: Yen On top With the Loonie Coming Last
Bartosz Nurzynski | Jan 05, 2015 10:27
FX League - 15th Fixture.
Last week's achivements:
1. GBP/CHF – LONG from 1.5371 to 1.5350 = LOSS 74.85 $pips
2. EUR/GBP – SHORT from 0.7818 to 0.7829 = LOSS 21.42 $pips
3. EUR/NZD – SHORT from 1.5696 to 1.5581 = PROFIT 90.44 $pips
4. NZD/CHF – LONG from 0.7652 to 0.7701 = PROFIT 40.28 $pips
The overall result of the week: PROFIT 34.45 $pips
*The SWAPs are included in the statistics.
*$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 489.60 $pips !
Average result (per fixture): PROFIT 34.97 $ pips
This week's analysis:
TREND:
MOMENTUM:
LEAGUE TABLE:
***18.375 as a neutral score of the fixture.***
JPY, USD, NZD - BULLISH!
AUD, EUR, GBP, CHF, CAD - BEARISH!
More specifically:
This week's trades:
1. CAD/JPY – SHORT from 102.19 – volume 3*x.
2. USD/CAD – LONG from 1.1781 – volume x.
3. USD/CHF - LONG from 1.0063 – volume x.
4. CHF/JPY – SHORT from 119.68– volume x.
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