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Both pairs I’m watching on this system scored mostly wins, chalking up yet another good week before the year comes to a close.

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 one valid inside bar signal for the week, and here’s how it turned out:

And that’s a 12-pip gain for the pair! Here’s what went down with GBP/JPY:

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

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

Guppy was off to a rough start with a stopped out first position, but it was able to make up for this and more with back-to-back wins. The pair chalked up a gain of 54 pips overall.

With that, the Inside Bar Momentum Strategy is up 66 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!