Only one pair had valid signals for the week, but at least these turned out to be winners. Take a look at how many pips it made!
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 caught a couple of plays for the week, and here’s how the positions turned out:
Here’s how Guppy is looking:
Nope, no valid signals on this one for the week! Even though a handful of inside bars formed, the entries weren’t really triggered.This leaves the mech system up by 30 pips thanks to the winning plays on USD/JPY, marking the Inside Bar Momentum Strategy’s NINTH consecutive winning week!