Only stop-loss wins method! Pound-yen January provisional results!
Thank you for your hard work!
This is Nobushi!
This time, the method that only wins with stop-loss, called “Stop-loss is the only win method.”
I will公開 the validation results of the Winner 2-wave trader on GBP/JPY!
Until now, the Winner 2-wave method has been refined to correspond to USD/JPY.
So what about it for GBP/JPY?
GBP is famous for being very tricky to handle.
Because price moves aggressively and irregular fluctuations occur, many people have
experienced unexpected losses, haven't they?
However, the Winner 2-wave trade is designed to come with a stop-loss as its first principle.
If the stop-loss line is placed accurately at the right place, you won't incur huge losses,
and I thought it could lead to stable performance, so I verified it.
In fact, I thought GBP/JPY might also be a good match.
What I am releasing this time is from January of this year.
The full trade results up to now.
The rules and method remain unchanged.
However, in USD/JPY, if the stop-loss width exceeds 40 pips, the entry is skipped, but for GBP/JPY it will be 60 pips.
Of course, since price movements are larger in this currency pair, I will adjust accordingly.
First, a summary of the results data
In GBP/JPY
There were 11 signals displayed between 1/1 and 1/19.
Among them, 7 were profit-taking and 4 were stop-loss closures, with a win rate of 63.6%.
Total gained pips are 99.7 pips.
Compared to USD/JPY, the price range is larger, so the average stop-loss amount and profit amount are larger, but total gained pips have also increased substantially.
Now, let’s review each trade one by one.
1/4
Of the three purple lines, the middle line is the entry value.
The upper and lower purple lines are the stop-loss and take-profit levels respectively.
The first trade of the new year was a sell signal.
It declined smoothly without a large unrealized gain.
The sign provided clearly captured the onset of a trend.
1/5
This is a case that unfortunately hit the stop-loss.
After the entry signal, it immediately fell toward the take-profit vicinity, but
it lacked momentum and reversed.
After entry, it clearly broke the recent low, so
I thought it would extend to the take-profit line, but...
these things happen.
1/5 (2)
Second signal on the same day.
In this case, it reversed up to the stop-loss line and then rose.
As in this example, Winner 2-wave signals near moving averages tend to have higher win rates.
1/7
This time it lit up far from the moving average, showing a large deviation.
Although it became a long-term hold, there was hardly a drawdown period, so it was good for mental health.
1/8
This also issued a signal at the early stage of a long-term downtrend.
A beautiful downtrend, isn’t it?
When you can capture waves this cleanly, it makes you very happy.
1/12
Here, the uptrend was also clearly captured.
The take-profit might have been early, but it cannot be helped.
It is important to act mechanically; if anyone does it, it should be the same, without discretion.
If you want to increase profits with continuation trades, please use PIONE, Nobushi's original indicator.＾＾
1/13
Unfortunately, this was a stop-loss!
At the time the signal lit, it had already broken the nearby low,
and there were strong expectations for a further decline…!
However, the downward trend still had some力 left, it seems.
It was a so-called false breakout, and
completely avoiding false breakouts is impossible.
The key is how to cut losses with minimal damage in such times.
If you skip stop-loss or move it, you end up doing a “prayer” trade and incur a large loss!
1/14
This was a complete range-trap resulting in a stop-loss.
The movement formed a rising trend like the previous trade but then entered a range-bound market.
Holding for a long period and having unrealized losses for a long time made it a BAD trade.
1/15
This was a nice trade.
But it would have been great if profits could have been extended further!
The members of the Winner Club were clearly extending profits, but...
First, you should accumulate such trades without discretion!
1/19
This also issued a signal before the trend properly formed.
It’s now a work of art…
A nice Winner, self-praising.
It didn’t become a loss, and it closed out with ultra-short-term profit!
This is all trades for January up to now.
Basically, signals come about once every two days!
If you combine with USD/JPY, signals occur roughly once per day.
As I keep saying, the good thing about this method is to “place the stop-loss first.”
Because a clear line is presented, you can trade with no hesitation and achieve results that are almost the same no matter who does it.
And once the stop-loss is decided, the take-profit line is also determined, so after entry you only wait for the exit without hesitation.
I highly recommend it for part-time traders.
Within the Winner product file for the indicator, the rules and setup for Winner 2-wave trading are written, so please refer to it＾＾
Winner introduction video：https://www.gogojungle.co.jp/finance/navi/15/17609
Original indicator “Winner” public page：
https://www.gogojungle.co.jp/tools/indicators/17623
“PIONE” public page：
https://www.gogojungle.co.jp/tools/indicators/25272
