One pair had a bunch of inside bar patterns but no triggered plays while the other had a couple of winning positions. See how many pips it caught!
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:
This pair had several inside bar patterns that formed throughout the week, but not a single one was able to get its entry triggered.Some generated long signals but were followed by selloffs while others had short signals that came right before rallies.
I guess I’d take these signal-free runs over losing weeks, though! Besides, USD/JPY had quite an impressive performance the other week.
Now here’s what went on with Guppy:
This pair managed to catch two valid signals for the week while a few inside bar patterns didn’t get their entries triggered as well.
Here’s how the opened positions turned out:
Back-to-back wins! Woot woot!The short position was able to bag 51 pips while the long play caught 26 pips, racking up a total of 77 pips for the Inside Bar Momentum Strategy.
The percentage win/loss depends on how position sizes are calculated.