This trend-following system seems to be doing much better lately as trailing stops on its open positions have been activated, and one big win was locked in.
EUR/USD had a long position from the other week, and the trailing stop is now locking in pips along the way. Looks like I can relax with this one!
Cable also had a long position left open after its choppy run in the previous update. Fortunately this one gained enough bullish momentum to hit its full profit target.
Winner winner, chicken dinner!
EUR/JPY had a long position left open earlier on as well, and this also had its trailing stop activated.
Here’s how the positions are looking:
Even better, the open positions already have their trailing stops in place, so I don’t really have to worry about losses on these ones. Hopefully they still reach their full profit targets, too, though.