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:

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

This pair had a few inside bar patterns but the entries weren’t triggered. Meanwhile, Guppy had the following:

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

This pair had three signals for the week, and here’s how the positions turned out:

Just as in the previous update, Guppy was able to score a couple of wins and one loss.

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.

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!