It looks like we might be seeing an end to the choppiness over the past few weeks. Check out these fresh signals while they’re hot!

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 crossover in the previous update, but stochastic hadn’t pulled back enough to show a valid long signal then. This time, the pair made a larger dip and was able to open a long position.

EUR/USD 1-hour Forex Chart
EUR/USD 1-hour Forex Chart

Cable finally had a new crossover after weeks of being signal-free. However, stochastic has yet to pull back to the overbought region and turn lower in order to generate a short signal.

GBP/USD 1-hour Forex Chart
GBP/USD 1-hour Forex Chart

EUR/JPY had a long position left open in the earlier update and this pair gained enough bullish traction to have the trailing stop activated. Risk-free, baby!

EUR/JPY 1-hour Forex Chart
EUR/JPY 1-hour Forex Chart

Here’s how it all turned out:

Trade Summary:

SMA Crossover Pullback Positions as of February 5, 2019
Pair Position Entry SL PT Status Pips %
EUR/JPY Long 124.35 122.85 127.35 Open – –
EUR/USD Long 1.1440 1.1290 1.1740 Open – –

With that, the SMA Crossover Pullback System had no wins or losses for the week. It has a couple of open positions on the euro pairs, though, so I’m a bit worried that both could end up in the same both. So far so good for EUR/JPY, though!

I’m hoping that this marks the end of choppy market conditions for the pairs I’m watching and that the ongoing trends hold up. Have you checked out how this strategy fared for Q4 2018 yet?