Partner Center Find a Broker

The Inside Bar Momentum strategy caught three big wins in the past few days! It did snag a loss, but closed positive overall. Take a look!

But if this is the first time you’re reading about this strategy, I suggest you take a look at the system rules before reading on.

Also, this tweaked version makes use of an adjusted stop loss size (from the original 20% of the first candlestick to 40% of its length) on both USD/JPY and GBP/JPY.

The system generated these signals for USD/JPY:

USD/JPY 1-hour Forex Chart
USD/JPY 1-hour Forex Chart

Zooming in to the short-term time frames helped me check if these were triggered and if any stops or targets were hit.

Back-to-back profit targets, baby! This amounts to a 47-pip win for USD/JPY, and the percentage P/L depends on how position sizes were calculated.

And here are the inside bar signals for GBP/JPY:

GBP/JPY 4-hour Forex Chart
GBP/JPY 4-hour Forex Chart

Also two valid signals for this one, but the first one was stopped out while the other hit the full PT.

Fortunately the second position more than made up for the loss, allowing Guppy to score 28 pips for the week. This brings the weekly total to 75 pips!

If this strategy ain’t your cup of tea, you might wanna check out these other ones instead:
SMA Crossover Pullback System
Short-Term Bollinger Reversion
HLHB Trend-Catcher System
Happy Hunter Trading System
Cowabunga System Daily Update