This system rounded up Q2 2021 with a few more signals, but did these add to the total P/L for the period?
Here’s what went on lately.
EUR/USD was trending lower for the most part of the week, but it still caught a long play early on.
This was quickly closed on a new crossover for a small loss, before another short signal popped up later on.
GBP/USD also snagged a long play when the moving averages made a bullish crossover followed by a Stochastic pullback from the oversold region.This was closed on an early exit as well, and the new crossover was almost immediately followed by a valid short signal.
Bearish pressure stayed in play, but it looks like the pair is making a much larger correction at the moment.
As for EUR/JPY, its long position from the earlier update also had to be closed early on a new crossover.
This was then followed by a Stochastic pullback from the overbought area, generating a short position that’s still open for now.
Here’s a look at the latest positions:
SMA Crossover Pullback Positions as of July 6, 2021
And with that, I can finally crunch the numbers for Q2 2021, as the remaining open positions will count for the current quarter.
Do you think it’ll beat its performance for Q1 2021?