Another round of early exits on this mech system! But the good news is that it also snagged new signals that might be faring better, too. Take a look!
EUR/USD had a long position left open in the earlier update that had to be closed when a bearish crossover took place.
A stochastic pullback signal to short soon followed, and this one seems to be gaining better traction on its downtrend.
Cable had a short position from the earlier update that also saw an early exit. Fortunately this new crossover managed to catch some pips for the pair, phew!
A long stochastic pullback signal took place soon after, but this one ain’t lookin’ too good for now.
As for EUR/JPY, the pair’s long position was closed on an early exit for a loss, but a bearish stochastic pullback signal has yet to form on the new crossover.
Here’s a look at the latest positions:
A couple of positions are left open on EUR/USD and GBP/USD, so I’m gonna keep my robot fingers crossed that at least one of these is able to catch some gains!