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This mech system caught a handful of valid signals on both USD/JPY and GBP/JPY over the past few days. See how these turned out!

If this is the first time you’re reading about this 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 (from the original 20% of the first candlestick to 40% of its length) on both USD/JPY and GBP/JPY.

First up, here are the valid signals on USD/JPY:

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

This pair had four valid signals for the week, and here’s how these turned out:

All green, baby! This pair snagged a couple of early exits on new inside bar patterns, but fortunately these turned out wins as well.

With these four trades, USD/JPY was able to snag 34 pips for the week. The percentage gain/loss depends on how position sizes were calculated.

Here’s how Guppy is looking:

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

This one had three valid plays:

The pair was off to a weak start as its first long position hit its full stop, but it was able to make up for the loss and more with back-to-back winning plays. This allowed the pair to close off with a 19-pip win.

All in all, the Inside Bar Momentum Strategy was able to end up with a 53-pip gain for the week, making up for last week’s losses.

ICYMI, check out how the Inside Bar Momentum Strategy fared for Q1 2019 and how other mech systems are stacking up in Forex Ninja’s Systems Showcase!