Review of trades of the Owl Smart Levels strategy for the week from October 21 to 25, 2024

In the present day 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 21 to 25, 2024. 

EURUSD assessment

The primary commerce on this forex pair was opened by the Owl sign on Wednesday at 16:30 and closed in accordance with the rule of arrow reversal of the primary timeframe with a lack of 7$.

Fig. 1. EURUSD SELL 0.13, OpenPrice = 1.07792, StopLoss = 1.07908, TakeProfit = 1.07418, Revenue = -$7.11

The second commerce on this instrument was opened by the Owl sign on the identical day on Wednesday at 21:45. In response to 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 lack of 16$.

Fig. 2. EURUSD SELL 0.24, OpenPrice = 1.077830, StopLoss = 1.07855, TakeProfit = 1.07549, Revenue = -$16.28

GBPUSD assessment

The primary and the one commerce on this forex pair was opened by the Owl sign on Friday at 17:30 and closed in accordance with the rule of arrow reversal of the primary timeframe with a lack of 6$.

Fig. 3. GBPUSD BUY 0.19, OpenPrice = 1.29853, StopLoss = 1.29776, TakeProfit = 1.30103, Revenue = -$6.04

Abstract:

There have been 3 trades over the past buying and selling week, the whole stability is unfavorable. Earlier than the upcoming elections within the USA, Forex faces elevated volatility. This impacts the work of all Skilled Advisors and indicators utilized by merchants. The Owl Good Ranges indicator didn’t keep away from it and confirmed a small lower of -2.9% in deposit for the week. The detailed knowledge are within the ultimate desk.

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