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Not exactly the best of weeks for this particular strategy since it caught only one win per pair. Here are the latest positions.

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:

USD/JPY 4-hour Forex Chart
USD/JPY 4-hour Forex Chart

This pair snagged quite a handful of signals, but only one wound up profitable.
As you’ve probably guessed, that tiny win wasn’t enough to make up for all the losses in the earlier positions. The pair wound up with a 82-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:

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

Here’s how these signals turned out:

While this pair hit the full target on one of its positions, the win also wasn’t enough to erase the other losses. Guppy ended up with a 35-pip dent, bringing the system total to a 117-pip loss for the period. Ouch!

ICYMI, check out how the Inside Bar Momentum Strategy fared for Q2 2018 and how other mech systems are stacking up in Forex Ninja’s Systems Showdown!