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!

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:
Trade Summary:
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 | – | – |
ICYMI, check out this system’s performance for Q1 2018!