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System Replace: SMA Crossover Pullback (Oct. 26 – Nov. 2)


This technique snagged a couple of early exits on its newest positions, however it nonetheless managed to rake in some pips!

See the way it all turned out.

If that is the primary time you’re studying concerning the SMA Crossover Pullback system, ensure you take a look at the trading rules and risk management adjustments first.

EUR/USD had a protracted place left open earlier on, and this needed to be closed early on a brand new moving average crossover.

EUR/USD 1-hour Forex Chart
EUR/USD 1-hour Foreign exchange Chart

Happily this came about at a degree barely larger than the place’s open value, bagging 15 pips for the pair.

A contemporary brief sign quickly adopted, as Stochastic made its method to the overbought zone and turned decrease.

To date so good on the brief play since EUR/USD made fairly a pointy drop!

GBP/USD lastly closed its lengthy place that was opened waaay again within the first week of October.

GBP/USD 1-hour Forex Chart
GBP/USD 1-hour Foreign exchange Chart

This place already had the trailing cease guaranteeing at the least 87 pips in beneficial properties, however it was truly closed on a bearish crossover for a a lot bigger win of 138 pips.

A legitimate brief play popped up virtually instantly afterwards, and this one continues to be open for now.

In the meantime, EUR/JPY already scored fairly large beneficial properties within the earlier replace, so it’s beginning the week off with a brand new brief place.

The pair doesn’t appear to be making a lot headway south, however I’m holding my robotic fingers crossed that promoting strain picks up.

EUR/JPY 1-hour Forex Chart
EUR/JPY 1-hour Foreign exchange Chart

Right here’s a take a look at the newest positions:

SMA Crossover Pullback Positions as of Nov. 2, 2021

Pair Place Entry SL PT Standing Pips %
GBP/USD Lengthy 1.3600 1.3450 1.3900 Closed +138 +0.92
EUR/USD Lengthy 1.1580 1.1430 1.1880 Closed +15 +0.10
EUR/USD Quick 1.1677 1.1827 1.1377 Open
GBP/USD Quick 1.3791 1.3941 1.3491 Open
EUR/JPY Quick 132.45 133.95 129.45 Open

With that, the SMA Crossover Pullback System closed out with a 153-pip or +1.02% acquire, including to last week’s winnings!

The system has three brief performs left open on all pairs I’m watching, so hopefully these end up worthwhile once more.

ICYMI, right here’s how this strategy fared in Q3 2021.



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