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?
USD/JPY was cruising higher for the most part of the week, even with a bit of consolidation in between.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: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!