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.
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!
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.
Lastly, EUR/JPY also had a new long position opened after the previous one hit its target.
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:
|Pair||Position||Entry||SL||PT||Status||P/L (pips)||P/L (%)|
ICYMI, check out this system’s performance for Q1 2018!