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Just the one signal for Guppy on this mech system lately! The question is: Did it score a big win or did it land a huge gain? Sike!

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, there were no valid signals on USD/JPY as inside bar patterns didn’t reach their entry triggers:

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

Now here’s what happened on Guppy:

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

Just the one position for this pair! Zooming in to the short-term charts shows if entries or exits were hit:

Unlike last week’s not-so-good turnout, Guppy was able to catch a pretty decent win this time, scoring 65 pips on its short position. That makes up for the 50 pips in losses last time! The percentage gain depends on how position sizes were calculated.

ICYMI, check out how the Inside Bar Momentum Strategy fared for Q3 2018 and how other mech systems are stacking up in Forex Ninja’s Systems Showcase!