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A few more tiny losses on range-bound market conditions for dollar pairs, but it wasn’t all that bad since the system still caught a big win. Take a look!

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 bearish crossover from the earlier update, followed by a short pullback signal, but this had to be closed for a small loss on a new crossover.

A stochastic signal to go long soon materialized and this one’s still open.

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

Cable’s short position from the other week also had to be closed for a loss on a new crossover, before a long stochastic pullback signal materialized.

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

As for EUR/JPY, the long position from the other week made it all the way to its full profit target at 130.49. Woot woot!

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 July 1, 2018
Pair Position Entry SL PT Status P/L  (pips) P/L  (%)
GBP/USD Short 1.1386 1.3336 1.2886 Closed -48 -0.32
EUR/JPY Long 127.49 125.99 130.49 Closed +300 +2.00
EUR/USD Short 1.1630 1.1780 1.1330 Closed -26 -0.17
EUR/USD Long 1.1751 1.1601 1.2051 Open
GBP/USD Long 1.3212 1.3062 1.3512 Open

With that, the SMA Crossover Pullback system found itself back in positive territory with a 226-pip win or a 1.50% gain on the account.

ICYMI, check out how this mechanical system fared for Q2 2018!