Both pairs I’m watching on this strategy caught their fair share of wins and losses.
Did the system end up positive overall?
USD/JPY was rangebound for the first half of the week, but it still managed to catch a bunch of valid plays.The first position didn’t fare so well as it missed the target by a pip before price popped up to the stop loss.
Fortunately, the next couple of plays made up for the loss when they scored back-to-back gains.
These were erased by the next two signals, though, leaving USD/JPY down by 1 pip for the week.
Now here’s what went on with GBP/JPY:
This pair caught a couple of valid signals for the week, with one snagging a loss and the other bagging a decent win.Fortunately the winning position was able to make up for the losses and more.
Here’s how it all turned out:
With that, the Inside Bar Momentum Strategy scored 13 pips on Guppy, bringing the total to 12 pips in gains for the week.
The percentage win/loss depends on how position sizes are calculated.
ICYMI, see how the numbers added up for Q1 2021!