Got a new batch of freshly opened positions on the SMA Crossover Pullback mech system! I’m keeping my robot fingers that these trends gain traction this time.
If this is the first time you’re reading about the SMA Crossover Pullback system, make sure you look at the trading rules and risk management adjustments first.
EUR/USD hit its trailing stop in the earlier update, then a new crossover formed to indicate a change in trend. This was quickly followed by a stochastic pullback signal to go long.
Cable also hit its trailing stop from its earlier short position before a new crossover formed, followed by a stochastic pullback signal.
Lastly, EUR/JPY finally made a new crossover to indicate a potential reversal from its selloff, generating a pullback signal to go long as well.
Here are the latest positions:
Trade Summary:
| Pair | Position | Entry | SL | PT | Status | P/L (pips) | P/L (%) |
|---|---|---|---|---|---|---|---|
| EUR/USD | Long | 1.2410 | 1.2260 | 1.2710 | Open | – | – |
| GBP/USD | Long | 1.3815 | 1.3655 | 1.4115 | Open | – | – |
| EUR/JPY | Long | 131.00 | 129.50 | 134.00 | Open | – | – |
ICYMI, check out the system’s performance for Q4 2017 and how Happy Pip is faring with her brand-new Happy Hunter Trading System.
