Partner Center Find a Broker

Ka-ching, ka-ching! Snagged a few more wins before calling it a month for this mechanical trading system. Take a look at how the latest positions turned out.

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 had a short position left open from the earlier update and this one gained some bearish momentum enough to have the trailing stop activated before price pulled back. This adjusted exit level was hit for a small profit.

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

Cable had its long position open for roughly a couple of weeks, and pound bulls were strong enough to sustain the charge all the way up to its profit target. Woot woot!

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

Lastly, EUR/JPY had a new short position opened when stochastic finally made that pullback signal. This one also gained some bearish momentum enough to have the trailing stop in place, so I’m not all that worried about keeping it open.

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. 27, 2018
Pair Position Entry SL PT Status P/L  (pips) P/L  (%)
GBP/USD Long 1.3815 1.3655 1.4115 Closed +300 +2.00
EUR/USD Short 1.2410 1.2560 1.2110 Closed +21 +0.14
EUR/JPY Short 131.35 132.85 128.35 Open

So that amounts to an 321-pip gain or a 2.14% win on the account for the past few days. That makes up for last week’s loss! Stay tuned for my quarterly review since I’m rounding up the numbers this week.

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