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It was another week of range-bound market conditions before bearish momentum kicked in for the European currencies, but the SMA Crossover Pullback system managed to bag some pips.
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Caught a big win on Guppy with this Inside Bar Momentum Strategy 2.0 mech system! Take a look at the latest positions.
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Market conditions were still choppier than usual but the SMA Crossover Pullback managed to squeeze out some pips in the past few days.
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Just a couple of signals each for USD/JPY and GBP/JPY on this mechanical trading system, and the results have been mixed.
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Bah! Not such a good week for the SMA Crossover Pullback System as the positions got stopped out by new crossovers here and there. Take a look!
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A good number of inside bar patterns formed on USD/JPY and GBP/JPY again but a lot of early exit signals popped up. Most of these still managed to lock in gains, though!
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It looks like the trends are resuming on the pairs I’m watching again, which could mean more winning signals for the SMA Crossover Pullback system from here.
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A good number of inside bar patterns formed on USD/JPY and GBP/JPY recently but only a handful generated valid signals for the Inside Bar Momentum Strategy. At least one of those hit its profit target!
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You win some, you lose some. After a few weeks of stellar gains, the SMA Crossover Pullback took a hit with a short EUR/USD position lately. Here’s what happened.
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Yikes! The weekend gap did a number on USD/JPY while Guppy managed to hit its PT on one of the signals from the Inside Bar Momentum Strategy.
Read MoreLearn your flaws and embrace them, because that’s who you are.Larry Hite