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Both pairs caught a few valid signals for the week, and here’s how many pips the positions were able to bag. Take a look!

If this is the first time you’re reading about this forex 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.

USD/JPY had a couple of valid short positions while the pair was in the middle of a steady downtrend throughout the week.

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

Both positions turned out winners since bearish momentum was strongly in play then.

Thanks to these wins, USD/JPY was able to bag a total of 28 pips in gains:

Now here’s what went on with GBP/JPY:

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

This pair had only one position opened for the week as a valid long signal came up.

However, this occurred in the middle of consolidation, so it simply got stopped out when price spiked lower.

Unfortunately, this meant a 33-pip loss for Guppy, putting the system down by 5 pips for the week in total.

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

See how the numbers added up for Q3 2020!