It was a bit of a slow week for this mech system as it caught only one valid signal. How did this one turn out?
USD/JPY was mostly in consolidation throughout the week, with the exception of a sharp rally in the middle.The pair formed a few inside bar patterns in between, but none of the entry levels were triggered to open fresh positions.
Now here’s what went on with GBP/JPY:This pair also started the week off in consolidation mode before eventually staging a more steady climb.
A long signal popped up early on in the uptrend, but it only scored a few pips and left a lot of gains on the table. Still, a win is a win!
Here’s how it turned out:how position sizes are calculated.
See how the numbers added up for Q3 2020!