I’m seeing a couple of closed out positions, as well as a handful of fresh signals this week. Take a look!
EUR/USD had a short position from a few weeks back, and this one had been locking in pips through its trailing stop since the other week.However, a new crossover took place before the adjusted stop loss was reached on a pullback.
Fortunately it was able to bag more pips on this early exit!
A long signal soon followed, as Stochastic turned higher from the oversold region.
GBP/USD had a bullish crossover in the earlier update, and this time it was able to open a long position on a pullback.Unfortunately this position was opened too late, and price already turned from its uptrend.
With that, the long position got stopped out before a new crossover materialized. This was then followed by a short Stochastic signal.
As for EUR/JPY, the pair had a long position left open in the earlier update, and this one is just cruising sideways.
Here’s a look at the latest positions:
SMA Crossover Pullback Positions as of Apr. 13, 2021
All three pairs I’m watching have positions open, with the euro pairs having long plays and Cable with a short signal.
In case you missed it, I’ve crunched the numbers for Q1 2021 lately. Check it out!