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Did this mech system recover from the previous week’s dip with another impressive run? Here are 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:

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

This pair caught six valid plays for the week, and here’s how these turned out:

Ooh, a bit of a mixed bag with this one! USD/JPY was off to a rough start as it got stopped out in its first short position, but it was able to make up for it with back-to-back wins. All in all, the pair wound up with a 2-pip dent on its positions for the week.

Here’s how Guppy is looking:

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

This pair had a few more inside bar patterns that formed, but I’ve only marked the ones that had their entries filled. Here’s how these turned out:

WOAH! Five consecutive wins for Guppy right here! This amounts to a jaw-dropping 166-pip gain for the week, and the percentage win depends on how position sizes are calculated.

With that, this mech system was able to stage quite the rebound over the previous week’s decline, even chalking up one of its best gains compared to those in its ten-week winning streak.

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!