The latest batch of positions came close but fell short of hitting their targets. Thank goodness for trailing stops, though!
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 long position that gained enough bullish momentum to activate the trailing stop. The rally stalled near the 1.1750 minor psychological mark and the return in selling pressure led this early exit to get hit for a small gain.

Cable also had a long position left open from the other week, and this also enjoyed a nice pop higher to activate the trailing stop. However, resistance just past the 1.3000 mark held and led bears to return, leading to another early exit.

EUR/JPY also had the same fate as its trailing stop was hit after the bullish run lost steam. This one’s a slightly larger win compared to the other pairs, though.

Here are the latest positions:
Trade Summary:
Pair | Position | Entry | SL | PT | Status | Pips | % |
---|---|---|---|---|---|---|---|
GBP/USD | Long | 1.2872 | 1.2722 | 1.3172 | Closed | +22 | +0.15 |
EUR/USD | Long | 1.1568 | 1.1418 | 1.1868 | Closed | +16 | +0.11 |
EUR/JPY | Long | 128.95 | 127.45 | 131.95 | Closed | +40 | +0.26 |
ICYMI, check out how this mechanical system fared for Q2 2018 and how other strategies are faring in Forex Ninja’s Systems Showdown.