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One pair performed way better than the other as it scored THREE wins with this momentum strategy lately. Care to guess which one?

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

Zooming in to the short-term time frames helped me check if the entry and exit levels were hit.

Winner, winner, chicken dinner! This pair scored three consecutive wins for a neat 50-pip total gain.

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

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

This pair snagged a couple of signals, with one hitting its stop and the other making up for the loss.

Guppy wound up with a meager 4-pip gain for the period, bringing the system’s total to 46 pips. The percentage P/L depends on how you calculated your position sizes.

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!

❗Pssst. Have you seen the BabyPips.com Forums’ fresh new look? It just got a makeover! You gotta see it. Plus, we’re doing a crazy easy giveaway! 🎁