It’s another big win for this one!
See how many pips the system caught from the latest set of valid signals.
EUR/USD had a short position opened waaay back in the beginning of the month.
The pair enjoyed steady bearish momentum in the weeks that followed, allowing the trailing stop to get activated.
Selling pressure got even stronger in the past few days, leading to sharp drops that eventually took EUR/USD all the way down to its full target.
That’s a 300-pip or 2.00% win y’all!
Because of that, there were no new crossovers or signals on Cable. It did leave some pips on the table, but what’s a robot to do?Meanwhile, EUR/JPY also had a short position left open from a few weeks back.
This got caught up in some consolidation, but the pair kept breaking lower. Eventually it moved more than 150 pips in the trade’s direction, activating the trailing stop and locking in pips along the way.
Price took another tumble this week and is inching closer to the full target!
The pair is just around 30 pips away from a full win, so I’m gonna keep my robot fingers crossed that it makes it there soon.
Here’s a look at the latest positions:
SMA Crossover Pullback Positions as of Nov. 16, 2021
With that, the SMA Crossover Pullback System closed out with another 300-pip or 2.00% gain, thanks to EUR/USD’s win.
This chalks up the FOURTH consecutive winning week for the strategy! Woot woot!
Only EUR/JPY has a short position left open for now, and this guaranteed win could add another positive week for this system next time.
ICYMI, here’s how this strategy fared in Q3 2021.