After a long break, I’m coming back to you with weekly reports on the operation of the Owl Smart Levels Indicator.

Today I present you an overview of trades made using the Owl strategy – smart levels for the EURUSD, GBPUSD and AUDUSD currency pairs for the week from September 30 to October 4, 2024. 

EURUSD review

The first trade on this currency pair was opened by the Owl signal on Tuesday at 22:00 and was closed according to the rule of liquidation of all trades after 23:00 with a profit of 4$.

Fig. 1. EURUSD SELL 0.10, OpenPrice = 1.10704, StopLoss = 1.10861, TakeProfit = 1.10198, Profit = $4.20

The second trade on this instrument was opened on Wednesday at 09.15 and closed at StopLoss with a loss of 15$.

Fig. 2. EURUSD SELL 0.20, OpenPrice = 1.10655, StopLoss = 1.10730, TakeProfit = 1.10413, Profit = -$15.00

The third trade on this currency pair was opened by the Owl signal on Thursday at 09:45. According to the strategy, the trade was opened with a higher risk – 1.75%. The risk for the first trade is set at 1.5% and if the trade is closed with a loss, the risk is increased by 0.25%. The trade was closed at TakeProfit with a profit of 56$.

Fig. 3. EURUSD SELL 0.20, OpenPrice = 1.10382, StopLoss = 1.10468, TakeProfit = 1.10104, Profit = $56.57

The fourth trade on this currency pair was opened by the Owl signal on the same day on Thursday at 19:45 and closed according to the rule of liquidation of all trades after 23:00 with a profit of 3$.

Fig. 4. EURUSD SELL 0.10, OpenPrice = 1.10313, StopLoss = 1.10460, TakeProfit = 1.09837, Profit = $3.67

The fifth trade on this instrument was opened on Friday at 13.30 and closed at StopLoss with a loss of $15.

Fig. 5. EURUSD SELL 0.25, OpenPrice = 1.10290, StopLoss = 1.10349, TakeProfit = 1.10098, Profit = -$15.00

GBPUSD review

The first and the only trade on this currency pair was opened by the Owl signal on Monday at 13:15 and closed at StopLoss with a loss of 15$.

Fig. 6. GBPUSD BUY 0.08, OpenPrice = 1.33922, StopLoss = 1.33736, TakeProfit = 1.34522, Profit = -$15.00

AUDUSD review

The first trade on this currency pair was opened by the Owl signal on Monday at 18:30 and closed at StopLoss with a loss of 15$.

Fig. 7. AUDUSD BUY 0.19, OpenPrice = 0.69275, StopLoss = 0.69195, TakeProfit = 0.69535, Profit = -$15.00

The second trade on this instrument was opened by the Owl signal on Tuesday at 21:15. According to the strategy, the trade was opened with a higher risk – 1.75%, since the previous trade was closed with a loss. The trade was closed according to the rule of arrow reversal of the main timeframe with a loss of 1$.

Fig. 8. AUDUSD SELL 0.08, OpenPrice = 0.68912, StopLoss = 0.69132, TakeProfit = 0.68200, Profit = -$00.40

The third trade on this currency pair was opened by the Owl signal on Wednesday at 18:45. According to the strategy, the risk was increased by another 0.25% and amounted to 2%. The trade was closed according to the rule of liquidation of all trades after 23:00 with a profit of 13$.

Fig. 9. AUDUSD SELL 0.21, OpenPrice = 0.68929, StopLoss = 0.69026, TakeProfit = 0.68617, Profit = $13.61

The fourth trade on this instrument was opened on Thursday at 09.30 and closed at TakeProfit with a profit of 48$.

Fig. 10. AUDUSD SELL 0.12, OpenPrice = 0.68741, StopLoss = 0.68863, TakeProfit = 0.68345, Profit = $48.69

The fifth trade on this instrument was opened on Friday at 13.30 and closed also at TakeProfit with a profit of 49$.

Fig. 11. AUDUSD SELL 0.28, OpenPrice = 0.68435, StopLoss = 0.68488, TakeProfit = 0.68261, Profit = $49.25

Summary:

There were 11 trades during the last trading week, the total balance is positive. The Owl Smart Levels Indicator and the trading system developed on its basis have shown their efficiency in trading and brought a solid profit of 11.6%. The detailed data are in the final table.

I’m Sergei Ermolov, follow me and don’t miss more useful tools for profitable trading on the Forex market.