It’s another set of early exits for this mechanical trading system, but I’m seeing some green! Check out how the latest positions turned out.
EUR/USD had a long position left open in the earlier update, but the rally topped out a few bars later and a new crossover eventually materialized.
This was followed by a stochastic pullback signal to short, and this one’s still open with bearish momentum going for it.
Cable had a bearish crossover as the longer-term uptrend started to reverse, but the short stochastic pullback signal took some time to pop up. I hope I’m not too late to the selloff, but so far it’s looking good!
EUR/JPY’s long position from a few weeks back had to be closed as price tumbled to its trailing stop. It still locked in a teensy win, so this robot isn’t complaining.
Here’s how it all turned out:
All three pairs have short positions left open, but I’m not too worried about potential triple losses because these ones haven’t been so correlated these days. I do hope these end up as triple wins, though!