Got a fresh batch of crossovers and valid signals on this strategy! Check ’em out before the new trends pick up.
The pair appears to be moving sideways, though, and the weekend gap higher isn’t boding well for the short play.Still, if the gap gets filled, price could pick up on stronger bearish momentum soon.
As for EUR/JPY, its long position had to be closed early on a new crossover, but at least it scored decent gains!
A fresh bearish crossover materialized right after, and Stochastic turned lower to generate a short signal.
Here’s a look at the latest positions:
SMA Crossover Pullback Positions as of Dec. 15, 2020
All three pairs I’m watching have open short positions now, and I can’t help but worry that these correlated plays either all go well or go bad!
In case you missed it, I’ve crunched the numbers for Q3 2020 lately. Check it out!