Was this mech system able to keep up its winning streak with the latest batch of signals? Take a look at the latest positions to find out!
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 pair had a couple of valid plays for the week, and here’s how these turned out:
Back to back, baby! The first position was able to catch 17 pips while the second one scored 26, yielding a total of 43 pips in gains for USD/JPY. The percentage gain/loss depends on how position sizes were calculated.
Here’s how Guppy is looking:
This pair also had a couple of valid plays for the week, even though there were actually a few more inside bars that formed. Unfortunately, the first position churned out a 39-pip loss for GBP/JPY.
The second long position is still open for now.With these positions, the Inside Bar Momentum Strategy was able to end up with a 4-pip gain for the week. I know it ain’t really much compared to the previous wins, but this still marks the system’s SIXTH consecutive weekly win!