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!
USD/JPY had a couple of valid short positions while the pair was in the middle of a steady downtrend throughout the week.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: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.
The percentage win/loss depends on how position sizes are calculated.
See how the numbers added up for Q3 2020!