Just when it seemed that this strategy would get caught up in sideways action again, it was able to snag a full win on Cable. Take a look!
EUR/USD had a short position left open from the previous week and, even though there was some bearish follow-though, price didn’t fall enough to activate the trailing stop. Price continues to pace back and forth, so this one is still open.
Cable had a short position from the previous update and price made it all the way down to its full profit target. Woot woot!
As for EUR/JPY, the pair finally made a new crossover after its nearly nonstop climb, so I’m on the lookout for a stochastic pullback signal to short.
To summarize, here are the latest positions:
|Pair||Position||Entry||SL||PT||Status||P/L (pips)||P/L (%)|