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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.

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

Cable also hit its trailing stop from its earlier short position before a new crossover formed, followed by a stochastic pullback signal.

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

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.

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

Here are the latest positions:

Trade Summary:

SMA Crossover Pullback Positions as of Mar. 13, 2018
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

No wins, but no losses either! I’m slightly worried that these are all correlated positions opened at roughly the same time, so it might turn out either all wins or all losses from here.

ICYMI, check out the system’s performance for Q4 2017 and how Happy Pip is faring with her brand-new Happy Hunter Trading System.