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One pair had a shaky run for the week while the other saw all green. Here’s how the numbers added up for this strategy.

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 caught its fair share of valid signals for the week as price gained a bit more momentum in both directions unlike the other week.

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

Unfortunately for this pair, most of the positions came close to hitting their targets but fell short by a few pips. Instead, these wound up either sliding back to stops or getting closed on new inside bar patterns.

Even though the last play managed to reach its full profit target, the win wasn’t enough to make up for the losses.

With that, USD/JPY wound up with a 10-pip loss for the week:

Now here’s what went on with GBP/JPY:

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

This pair also snagged a handful of valid plays for the week and was able to take better advantage of stronger momentum.

As you can see below, Guppy was able to score consecutive wins, even though one position was closed early on a new inside bar formation.

Here’s how it all turned out:

The pair capped the week off with a nice 134-pip win, bringing the Inside Bar Momentum Strategy up by 124 pips. Not bad, eh?

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

See how the numbers added up for Q3 2020!