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This strategy had an even pair of wins and losses for both pairs I’m watching.

Did it still end up positive for the week?

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 was cruising higher for the most part of the week, even with a bit of consolidation in between.

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

The pair was able to catch three valid signals, the first one being a short play that didn’t turn out so well.

The next position was a long play that almost immediately rallied to hit its full profit target.

The last one is still open and is in the black so far. Here’s how it’s looking:

Now here’s what went on with GBP/JPY:

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

This pair snagged four valid signals for the week.

Just as in USD/JPY, one turned out a winner while the other snagged a dent. It’s just too bad that the losing positions actually came close to hitting their targets before retreating and reversing!

Anyway, here’s how it ended up:

Ha! That’s still a pretty decent 58-pip win for Guppy and a 6-pip gain for USD/JPY, bringing the the Inside Bar Momentum Strategy up by 64 pips for the week.

The positive streak continues!

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

See how the numbers added up for Q4 2020!