So much for those strong market trends! A bit of consolidation came back in play recently, making it challenging for this strategy to catch big wins.
EUR/USD already hit its full profit target in the earlier update, and the pair formed a fresh bullish signal.The pair almost immediately generated a stochastic long signal, and this position is still open as the uptrend is just starting to gain traction.
Cable also hit its full profit target of 300 pips in the previous update, then went on to form a new bullish crossover. Stochastic has yet to dip to the oversold region, though, so no pullback signals have been generated just yet.As for EUR/JPY, the pair finally pulled out of its choppy market action to ride on bullish momentum.
A valid long signal came up, and price was able to climb high enough to have the trailing stop activated.
This early exit was hit on that large pullback, still locking in some pips for the pair.
Here’s a look at the latest positions: