It’s one other week within the inexperienced, fellas!
This mech system managed to catch solely a few indicators per pair, however it had a reasonably good run.
USD/JPY had two legitimate indicators for the week.
The primary one was a bullish play that gained simply sufficient upside momentum to hit its goal earlier than reversing. Phew!
The following one was a bearish place that sadly snagged its cease loss earlier than the selloff may choose up steam.
Good factor the win was barely bigger than the loss, leaving USD/JPY with 2 measly pips for the week:
GBP/JPY additionally had two legitimate indicators for the week.
The primary place was an extended play that was capable of catch fairly a good variety of pips.
The second is a brief play that’s nonetheless open for now, as worth dipped near the goal however continues to maneuver sideways.
This brings the Inside Bar Momentum Strategy 2.0 up by 33 pips for the week.
The share win/loss is dependent upon how position sizes are calculated.
ICYMI, see how the numbers added up for Q2 2021.