It’s a mixed run for the pairs I’m watching on this trading system, but it still ended positive overall. Take a look!
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:
It had a long position left open from the previous update, but sadly this one was stopped out.
A couple of small losses followed, before the pair snagged back-to-back wins in hitting the full profit targets. Unfortunately, these weren’t enough to make up for the earlier losses, yielding a 21-pip loss for the week and the percentage P/L depends on how position sizes were calculated.
And here are the inside bar signals for GBP/JPY:
Here’s how these signals turned out: