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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:

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

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:

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

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!

ICYMI, check out how the Inside Bar Momentum Strategy fared for Q2 2019 and how other mech systems are stacking up in Forex Ninja’s Systems Showcase!