Just one signal each for USD/JPY and GBP/JPY with this strategy lately. Both turned out to be winners, and here’s how many pips they racked 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 valid signals on USD/JPY:

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

Just the one valid inside bar signal, and here’s how it turned out:

Thanks to this winning position, USD/JPY ended up with 17 pips for the week. Now here’s how Guppy is looking:

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

This pair also had one valid signal, and here’s how it went:

This short play yielded 37 pips for GBP/JPY, bringing the system total to 54 pips for the week, and the percentage gain/loss depends on how to calculate position sizes.

That’s a pretty nice follow-through on last week’s 120-pip win, even as both pairs saw choppiness earlier on.

ICYMI, check out how the Inside Bar Momentum Strategy fared for Q4 2018.