Another batch of early exits on this one! Trends just couldn’t seem to last long enough to snag big gains for this mechanical system. Here’s how it’s going.
EUR/USD had a short position left open from the earlier update, but it wasn’t long before a new crossover popped up and triggered an early exit for a loss.
A long position was opened soon after, but this one ain’t looking too good either.
Meanwhile, Cable had a bullish crossover from the previous update and has been trending higher, but stochastic hasn’t dipped into the oversold region yet to generate a valid long signal.
As for EUR/JPY, the pair had a valid long signal, but price moved mostly sideways before a new crossover closed the position out.
Here’s a look at the latest positions: