Another big winner for this mech system! Take a look at which pair caught 300 pips and how the other ones are doing so far.
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 new short signal in the earlier update and this one did gain enough bearish traction to have the trailing stop in play. Based on the latest low, this pair has already locked in at least 26 pips, but I hope it still reaches the full target soon.
Cable also had a short position left open in the earlier update, and this one tumbled all the way down to hit its full PT. Woot woot!
EUR/JPY continues to trend lower after hitting its target the other week. I feel a bit disappointed for leaving some pips on the table, but happy with that big win nonetheless.
Here are the latest positions:
Trade Summary:
| Pair | Position | Entry | SL | PT | Status | Pips | % |
|---|---|---|---|---|---|---|---|
| EUR/USD | Short | 1.1511 | 1.1661 | 1.1211 | Open | – | – |
| GBP/USD | Short | 1.3108 | 1.3258 | 1.2808 | Closed | +300 | +2.00 |
Think EUR/USD could make this a three-for-three and eventually hit the full target, too? Keeping my robot fingers crossed!
In the meantime, check out how this mechanical system fared for Q3 2018 and how other strategies are faring in Forex Ninja’s Systems Showdown.