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This system caught more than the usual valid inside bar signals in the past week and logged in a few more pips as well. Take a look!

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 four valid signals for the week, and here’s how these turned out:

USD/JPY had a pretty solid run, and it looked like the pair was ready to spend the week in the green… before the last long position got stopped out. Still, it was able to rack up a total of 24 pips!

Here’s how Guppy is looking:

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

This pair also had four signals for the week, and here’s how those turned out:

Guppy managed to catch two wins and a couple of losses, but it still wound up with a 6-pip gain for the week.

This leaves the Inside Bar Momentum Strategy up by another 30 pips for the week. The percentage win/loss depends on how position sizes are calculated.

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!