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Just finished crunching the numbers for the SMA Crossover Pullback system! Did Q3 fare better than Q2 2017? Read on to find out.

If you’re wondering what I’m talking about, make sure you look at the trading rules and risk management adjustments first. And now here are the numbers!

Q3 2017 SMA Crossover Pullback System Performance
Week P/L in Pips P/L in %
July 1-12 -25 -0.16
July 12-19 -150 -1.00
July 19-26 +240 +1.61
July 26-Aug 2 0 0
Aug 2-9 +116 +0.77
Aug 9-16 0 0
Aug 16-23 +45 +0.30
Aug 23-30 -25 -0.17
Aug 30-Sept 6 -20 -0.13
Sept 7-13 +170  +1.13
Sept 13-19 -150  -1.00
Sept 20-27 +325 +2.17

The SMA Crossover Pullback System was off to a shaky start for Q3 as ranging market conditions on the dollar and yen pairs churned out a few tiny dents for the strategy. Fortunately, the risk management rules namely the new crossover early exit and the trailing stop were able to limit these losses.

It caught a decent win mid-July when EUR/USD hit its full profit target then followed it up with another strong gain in the first week of August as trailing stops locked in wins before Cable and EUR/JPY reversed from their strong trends.

The rest of August didn’t turn out to be as promising since market sentiment kept shifting on a dime back then. Lower liquidity during the summer months was also a factor in keeping trends at bay, and this was something that also affected this particular month’s returns in previous years.

September had its share of losing weeks but was ultimately able to finish strong with a 325-pip gain, which isn’t so different from how the last week of the earlier quarter fared.

To sum up, the strategy was able to rake in a 526-pip gain or a 3.50% overall win on the account for Q3 2017. Not bad if you ask me, but it’s less than half of the gains recorded for Q2 and also way below the system’s performance in Q1 2017.

I can’t say that I’m disappointed with these not-so-impressive numbers, though, since I think the strategy was still able to do a fine job given the market conditions over the past three months. It ain’t easy to keep up with risk appetite, monetary policy biases, and geopolitical risks doing a number on the dollar and yen pairs then!

Besides, a positive quarter is a positive quarter, right? This adds up to the mech system’s wins at a running total of 3,979 pips or 18.63% in profits. I’m still excited to see how it’ll fare for the last stretch of 2017 and I hope y’all are, too!