A huge loss in coin toss trading, but the overall balance remains comfortably positive [Kiri Yu]
Last week's coin toss trade ended quite flashy with a loss! (lol)
Coin Toss Trade Results: 6/17 (Mon) - 6/21 (Fri)
【Verification Rules】Coin Toss Trade
■ Currency pair: GBP/JPY
■ Trading rules:
- Buy if heads appears, sell if tails appears
- Take profit at +60 pips, stop loss at −50 pips in an OCO settlement
- Entries around 15:00–16:00
June 17 (Mon)
Buy → ×
June 18 (Tue)
Sell → ×
June 19 (Wed)
Sell → ×
June 20 (Thu)
Buy → ×
June 21 (Fri)
Buy → ○
In this manner, last week was 1 win and 4 losses. The total so far is 40 wins and 40 losses for +400 pips! The numbers align nicely ♪
Trading twice a week for the first time in a while【23:00 Heikin-Ashi Trading】
【Trading Rules】23:00 Heikin-Ashi Trading
■ Currency pair: EUR/USD
■ Time frame: 1-hour chart
■ Trading rules:
- Open the EUR/USD chart at 23:00 and enter only if the 1-hour Heikin-Ashi in the 22:00 hour is reversing
- If the candle is bearish then bullish, if bullish then bearish
- Take profit at +100 pips, stop loss at −50 pips in an OCO settlement
- For each of buy and sell, the maximum open position is 1. Do not hold multiple positions in the same direction
■ The backtest results over the past two years show a clean upward slope
There were two entry opportunities last week.
The buy on June 18 (Tue) was taken for profit!
The sell on June 20 (Thu) hit the stop loss!
Overall this totals 5 wins and 8 losses for +100 pips.
Daily gains slightly recovering, staying in it with hedging swaps【Dual position swap carry】
There is a new development in swap operations. On June 19, DMMFX reduced the payable swap from 29 yen to 27 yen.
This makes the gap between buying swap and selling swap 3 yen, with daily income at 165 yen. If this continues, the spread negative will be covered in about a month, and we could move into profit.
I’m glad I didn’t panic close when the receipt and payment became the same amount!
I’m studying a little more about future carry trade candidates, focusing on the Canadian dollar.
Bonus
I tried Yokohama fashion-style ramen flavored potato chips for the first time, but only the soy sauce flavor came through, lol
Yuu Kisa-to (Kizato Yuu) Profile
FX for about 10 years. Does not do any fine technical analysis; aims for victory through probability theory and psychology. Also robustly uses swaps for compounding. A free-spirited person into spirituality and music. Based in Tokyo.
Official site：Kizato Yuu’s Swap FX Life
Twitter：https://twitter.com/KizatoFX
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