Only one pair caught a set of valid plays this time while the other had a signal-free week. Here’s what’s up!
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’s what went on with USD/JPY:
This pair had a few inside bar patterns but the entries weren’t triggered. Meanwhile, Guppy had the following:
This pair had three signals for the week, and here’s how the positions turned out:
This allowed the Inside Bar Momentum Strategyto rake in 24 pips for the week. The percentage win/loss depends on how position sizes are calculated.