Just as in the other week, one pair had a shaky run while the other scored pips. Did the strategy end up positive overall?
USD/JPY saw a handful of inside bar patterns, but only two were able to generate valid signals and see their entries get triggered.Both signals actually had momentum going for them, but the stops were a bit too tight. Instead of being able to keep the position open until the trend picked up, the trades wound up getting stopped out right away.
With that, USD/JPY wound up with a 21-pip loss for the week:
Now here’s what went on with GBP/JPY:This pair caught just one valid signal, even though it also saw a bunch of inside bar patterns.
Just as in the previous update, Guppy scored pretty decent gains!
Here’s how it turned out:
The percentage win/loss depends on how position sizes are calculated.
See how the numbers added up for Q3 2020!