Both pairs I’m watching on this mech system were able to score some wins but snagged a few losses as well. Here’s how it all added 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 three valid inside bar signals in the past few days, and here’s how these turned out:
One win and two losses for this one. All in all, the pair wound up with a 5-pip loss.
Here’s what went down with GBP/JPY:
This pair had four valid signals for the week, and here’s how the positions turned out:
With that, the Inside Bar Momentum Strategy is down 46 pips for the week. The percentage win/loss depends on how position sizes are calculated.