This system is makin’ it rain, fellas! Check out how many pips it was able to score from the short positions left open earlier.
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 with the trailing stop in play, but fortunately it didn’t have to be closed early since it eventually hit the full profit target.
Cable had another crossover-free week, but it looks like the bearish momentum (and my regret for not being able to stay in the short trade) is starting to fade.
I’m sensing a new crossover is about to happen and hopefully this isn’t just some big pullback from the downtrend.
Lastly, EUR/JPY also had a short position left open with the trailing stop activated, and this one also hit the full target. Winner winner, machine oil dinner!
A new crossover is also brewing for this pair, so I’m eager to find out how this turns out next week.
To summarize, here are the latest positions:
Trade Summary:
| Pair | Position | Entry | SL | PT | Status | P/L (pips) | P/L (%) |
|---|---|---|---|---|---|---|---|
| EUR/USD | Short | 1.1832 | 1.1982 | 1.1532 | Closed | +300 | +2.00 |
| EUR/JPY | Short | 128.10 | 129.60 | 125.10 | Closed | +300 | +2.00 |
ICYMI, check out this system’s performance for Q1 2018!
