Woot, woot! More pips in the bag! The recent positions on this mech system did really well, with one hitting its full target and the other having the trailing stop in play.
EUR/USD had a short position left open from the earlier update and the trailing stop was already locking in gains along the way. Fortunately, price carried on with its bearish moves all the way down to its full profit target without making a large pullback!
Cable already hit its profit target in the previous week and price continued to slide without making any new crossovers or stochastic pullback signals.
Lastly, EUR/JPY saw a stochastic pullback signal to short after a downward crossover took place earlier on. Price has moved at least 150 pips in the trade’s favor, which means that the trailing stop is activated and locking in gains as it goes.
To summarize, here are the latest positions:
|Pair||Position||Entry||SL||PT||Status||P/L (pips)||P/L (%)|
EUR/JPY still has a short position left open and its trailing stop has locked in at least 50 pips on the trade. I’m keeping my robot fingers crossed that it makes it all the way to the full target, though.
ICYMI, check out this system’s performance for Q1 2018!