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Greetings, forex earthlings! I’m still getting a few good signals from the SMA Crossover Pullback system even if trends appear to be slowing down. If this is the first time you’re hearing about this mechanical system, better take a look at the trading rules and risk management adjustments first.

GBP/USD showed a fresh crossover last week but the stochastic pullback took a while to materialize, generating a long forex signal mid-week.

GBP/USD 1-hour Forex Chart
GBP/USD 1-hour Chart

AUD/USD’s long position from the other week eventually hit its trailing stop on a large pullback, locking in 130 pips along the way. From there, a new crossover was seen and a short forex signal popped up soon after.

AUD/USD 1-hour Forex Chart
AUD/USD 1-hour Chart

As for the euro pairs, the long positions are still open for now, with a trailing stop in play for EUR/USD.

EUR/USD 1-hour Forex Chart
EUR/USD 1-hour Chart

Unfortunately for EUR/JPY, the trailing stop wasn’t activated yet since price hadn’t gone 150 pips in the long trade’s favor.

EUR/JPY 1-hour Forex Chart
EUR/JPY 1-hour Chart

To summarize, here are the latest positions for the SMA Crossover Pullback forex system:

SMA Crossover Pullback Positions as of Dec. 11, 2015
Pair Position Entry SL PT Status P/L  (pips) P/L  (%)
AUD/USD Long .7100 .6950 .7400 Closed +130 +0.87%
EUR/USD Long 1.0.880 1.0730 1.1180 Open
EUR/JPY Long 133.50 132.00 136.50 Open
GBP/USD Long 1.5140 1.4990 1.5440 Open
AUD/USD Short .7290 .7440 .6990 Open

With that, the SMA Crossover Pullback system added 130 pips or a +0.87% gain last week, leaving a few more positions left before I take off for my home planet before the end of 2015. Stay tuned!