The Path to Investment Mastery (Part 31)

The Way of Investment (Part31)

1. Year-End Special Edition　

What if trading on daily candles

If, this year1 year, we traded according to the daily currency strength chart, what would have happened? The trading condition is assumed to be1holding only positions, with the lot size fixed at 1 lot.

From the daily currency strength chart for the year, identify currencies with a reverse correlation and the currency that has the steepest slope at that time (a combination of the maximum ascent angle and maximum descent angle).

Enter a position when that currency breaks out upward (or downward) more steeply than others. Close when the ascent angle weakens and becomes horizontal.

From the above figure, selecting the optimal currency pair for trading yields the following.

Opening date      Closing date        Currency pair       Buy/Sell direction

3月21日4月21日AUDJPYBuy

4月26日5月18日ZNDUSDSell

5月19日5月30日USDJPYSell

6月9日7月15日AUDUSDSell

7月18日8月17日AUDUSDBuy

8月18日9月28日GBPUSDSell

9月29日11月1日GBPCHFBuy

11月3日12月23日USDJPYSell

The opening price is the close of the opening day, and the settlement price is the close of the settlement day.

              Opening price                Settlement pricepips

AUDJPY         88.306        94.549           624.3

NZDUSD         0.65609       0.62937         267.2

USDJPY         127.773         127.545         22.8

AUDUSD         0.71961         0.67924         403.7

AUDUSD         0.68092         0.69263         117.1

GBPUSD         1.19260         1.08829         1043.1

GBPCHF         1.08353         1.14684         633.1

USDJPY         148.153         132.820         1533.3

 Total4644.6

Total4600 pips or more.