I’m seeing a few more wins than losses from this mech system lately! Here’s how the numbers stacked up.
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:
Zooming in to the short-term time frames helped me check if the entry and exit levels were hit.
Following through on its impressive performance last week, USD/JPY was able to snag back-to-back wins this time! The last long signal is still waiting to get triggered, but these amounted to a 29-pip gain for the pair.
And here are the inside bar signals for GBP/JPY:
This pair snagged three long signals, with the first two also hitting their full targets. The last one, unfortunately, hit its stop loss.how position sizes were calculated.