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You win some, you lose some. One pair chalked up all green while the other just saw red for the week, but did the system extend its winning streak?

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

This pair caught three valid inside bar signals for the week, and here’s how these turned out:

Ack! Not a good week for this one! The pair just couldn’t seem to catch a break as its long plays barely saw enough momentum to hit their targets.

Here’s how Guppy is looking:

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

This pair also had three valid signals for the week, and these positions turned out much better.

And it gets even better! Guppy’s total wins at 202 pips were much larger than the total losses of 21 pips on USD/JPY, bringing the system’s gains to 181 pips for the week. The percentage win depends on how position sizes are calculated.

Although this pales in comparison to the jaw-dropping 421-pip gain the other week, I think it’s still pretty impressive!

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!