Quite a good run for Guppy in the past few days, but did USD/JPY manage to keep up? Here are the latest signals from this system.
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 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.
First up, here are the signals on USD/JPY:
There were no new signals for this particular week, but the previous one was just closed.
Ack, stopped out! USD/JPY snagged a 19-pip dent with this long play, and the percentage loss depends on how position sizes were calculated.
And here are the inside bar signals for GBP/JPY:
Here’s how these signals turned out:
In total, GBP/JPY was able to bag 65 pips in gains, more than enough to make up for the loss on USD/JPY. The system ended up with a 46-pip win overall.
ICYMI, check out how the Inside Bar Momentum Strategy fared for Q2 2018!