It’s another mixed week for this mech system as both pairs caught their fair share of wins and losses. Take a look at the latest plays.
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:
This one caught five valid inside bar signals, and here’s how the positions turned out:
That’s three win and one loss for a total of 17 pips… not bad! The last position is still open and in the black so far.
Here’s what’s going on with Guppy:
This pair had three valid inside bar signals, and here’s what happened:
The first position was able to score a win but these gains were erased by the loss on the second one, resulting to just a 4-pip gain for the pair. The last long position is still open.This brings the system up by 21 pips and the percentage gain/loss depends on how position sizes were calculated.