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Both pairs I’m watching on this system were off to a good start this year, catching more wins than losses so far. 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’s what went on with USD/JPY:

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

This pair had five valid inside bar signals for the week, and here’s how these turned out:

And that’s a 23-pip gain for the pair! The last long position is still open and might be raking in pips along the way, too.

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 had a couple of winning positions and one that hit its stop. Unfortunately, the loss was bigger than the wins combined, resulting to a 12-pip dent.

With that, the Inside Bar Momentum Strategy is up 11 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!