I’ve got one winning trade and a fresh batch of positions on this mechanical system this week! Here’s how many pips it bagged.
If this is the first time you’re reading about the SMA Crossover Pullback system, make sure you look at the trading rules and risk management adjustments first.
EUR/USD had a bullish crossover in the earlier update, and this was followed by a Stochastic pullback signal to go long.

Still, EUR/USD has been forming higher lows to suggest that bulls are getting stronger and could keep pushing for new highs. I hope the trailing stop gets activated soon so I can rest easy!
GBP/USD also had a bullish crossover in the earlier update, and this was eventually followed by a valid long signal.

As for EUR/JPY, the pair had a long position left open from a few weeks back, and this already had the trailing stop in place.
This early exit was triggered on that sudden selloff, locking in a decent amount of winnings.

Here’s a look at the latest positions:
SMA Crossover Pullback Positions as of July 14, 2020
Pair | Position | Entry | SL | PT | Status | Pips | % |
---|---|---|---|---|---|---|---|
EUR/JPY | Long | 119.95 | 118.45 | 122.95 | Closed | +53 | +0.35 |
GBP/USD | Long | 1.2590 | 1.2440 | 1.2890 | Open | – | – |
EUR/USD | Long | 1.1290 | 1.1140 | 1.1590 | Open | – | – |
Check out how this system fared in Q1 2020 and how it’s holding up to other mechanical systems in Forex Ninja’s weekly showcase!