I’ve got a couple of weeks’ worth of signals in this update, with a handful of positions being closed on early exits as usual. Check ’em out!
EUR/USD had a new crossover in the previous update and this one was followed by a long stochastic signal. However, the position had to be closed for a small loss on yet another crossover.
A short signal soon followed, and this position is still open.
Cable also had a new crossover in the earlier update, and a stochastic short signal followed. However, this was almost immediately closed on a new crossover for a small loss.
Looking back, it’s pretty clear that the moving averages were just oscillating in range-bound conditions then, but stochastic still generated a long signal that was also closed on a new crossover right away. So far, stochastic has yet to reach the overbought zone and turn back down to chalk up a short signal.
Lastly, EUR/JPY had a long position left open earlier on and this actually gained some bullish traction to have the trailing stop in place. Phew!
This trade had to be closed on a new crossover also, higher than where the adjusted SL would’ve been, so I’m gonna take that as a plus for the system.
Even though GBP/USD chalked up back-to-back losses on early exits with choppy conditions, those gains were actually very tiny ones. EUR/USD still has a short position left open, so I’m gonna keep my robot fingers crossed that it makes up for the earlier dent.