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Early exit signals led the previous positions to get closed, but were these able to catch some pips? And how are the new signals faring?

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 its trailing stop locking in gains along the way on its long position from the previous update, and this early exit was snagged before a bearish crossover happened.

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

Cable had a long position from last week’s update, but the pair barely established any direction before a new crossover formed. Fortunately, this was also able to score a few pips.

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

A short signal quickly followed for this pair and there was enough bearish momentum to have the trailing stop activated, too.

As for EUR/JPY, the downward crossover came a bit late after the sharp drop, but the stochastic pullback happened almost at the same time to open a short position.

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

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/USD Long 1.1672 1.1522 1.1972 Closed +30 +0.20
GBP/USD Long 1.3378 1.3228 1.3678 Closed +7 +0.04
EUR/JPY Short 128.33 129.83 125.33 Open
EUR/USD Short 1.1590 1.1740 1.1290 Open
GBP/USD Short 1.3431 1.3581 1.3131 Open

With that, the SMA Crossover Pullback system followed through on the wins for the past few weeks with a 37-pip win or 0.24% gain on the account. It ain’t as large as the wins from earlier this month, but the streak is still on!

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