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This mech system caught more wins than losses for the week, racking up pretty huge wins on some positions as well. 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 on both USD/JPY and GBP/JPY.

The size of the stop loss was adjusted from the original 20% of the first candlestick to 40% of its length.

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 four valid signals for the week, and here’s how these turned out:

Four wins on this one!

USD/JPY had strong bearish momentum on its side for the entire week, hitting the full profit targets on all its positions and catching a total of 265 pips.

Here’s what went down with GBP/JPY:

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

This pair caught two valid plays for the week. Here’s how these turned out:

Guppy had one win and one loss, but fortunately the gains were larger than the losses so the pair wound up with a decent 56-pip win for the week.

With that, the Inside Bar Momentum Strategy is closing off with a 321-pip gain for the week, making up for the previous week’s losses.

The percentage win/loss depends on how position sizes are calculated.

ICYMI, check out how the Inside Bar Momentum Strategy fared for Q4 2019 and how other mech systems are stacking up in Forex Ninja’s Systems Showcase!