It’s another round of early exits on this mech system, but it still managed to catch some pips.
See how the numbers turned out!
EUR/USD had its trailing stop locking in gains along the way for its short position from a few weeks back.It was able to bag 29 pips in gains with this early exit, so I ain’t complainin’!
This was then followed by a new crossover and a Stochastic pullback signal to go long.
This was followed by a valid long signal that appears to be going well so far.
As for EUR/JPY, its bearish crossover from the earlier update got a Stochastic pullback signal to short.
Unfortunately this position didn’t last very long and had to be closed on a bullish crossover. Still, the loss wasn’t too bad!
A long Stochastic signal soon materialized, and this is also going well as the uptrend is gaining traction.
Here’s a look at the latest positions:
SMA Crossover Pullback Positions as of Feb. 9, 2021
All three pairs have positions going in the same direction once more, and it looks like there’s a pretty good chance that at least a couple of these could end up winners. Robot fingers crossed!
In case you missed it, I’ve crunched the numbers for Q4 2020 lately, as well as the system’s overall performance for last year. Check it out!