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Fresh signals and fresh pips! So far so good on this mechanical system as it continues to lock in gains on the newly-opened positions.

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 profit target from the earlier update and followed through on its new bullish crossover with a stochastic pullback signal.

Upside momentum has picked up enough to have the trailing stop activated, too. Risk-free, baby!

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

Cable continued with its upward crossover, but it took some time before stochastic dipped to oversold territory and pulled up higher to generate a long signal.

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

Lastly, EUR/JPY also had a new long position opened after the previous one hit its target.

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

The trailing stop was quickly activated on the strong rally, and it was hit on a pullback to lock in some gains. Not bad!

To summarize, here are the latest positions:

Trade Summary:

SMA Crossover Pullback Positions as of June 12, 2018
Pair Position Entry SL PT Status P/L  (pips) P/L  (%)
EUR/JPY Long 127.97 126.47 130.97 Closed +80 +0.53
EUR/USD Long 1.1672 1.1522 1.1972 Open
GBP/USD Long 1.3378 1.3228 1.3678 Open

With that, the SMA Crossover Pullback system followed through on the wins for the past few weeks with an 80-pip win or 0.53% gain on the account. And the streak is still on!

ICYMI, check out this system’s performance for Q1 2018!