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