Fresh quarter, fresh signals! All three pairs I’m watching for this system currently have open short positions, and here’s how these are faring.
EUR/USD had a new bearish crossover the other week, but it took some time for stochastic to pull up to the overbought region and turn back down. A short signal finally materialized, but I worry that it may have come too late.
Cable also seems to be in the same “too little, too late” boat as the short signal was generated days after the bearish crossover and just before this reversal gained traction. Heck, price is inching close to hitting the stop!
Meanwhile, EUR/JPY appears to be faring much better as the trailing stop is already in place and locking in pips along the way with this short play.
Here are the latest positions: