Ack! Got another batch of early exits on this system, but the trailing stops did a mighty fine job of locking in some pips. Here are the numbers.
EUR/USD had a long position left open from a few weeks back, but price didn’t gain much bullish momentum off those recent highs. The trailing stop at 1.1665 was hit before a bearish crossover materialized.
So far, no new short signals yet as stochastic hasn’t gone past the overbought zone before turning back down.
Cable already hit the early exit on a similar setup in the previous update. The pair made a bearish crossover also but stochastic hasn’t generated any short signals just yet.
Lastly, the long position on EUR/JPY was also able to lock in pips when the trailing stop was hit on the move lower. A new crossover appears to be brewing on this pair, too.
Here are the latest positions: