“Everything becomes FX” Weekly S̄trades that no one can say to anyone Vol.039
This "Investment Navi+" is a report delivered every Sunday by "Everything becomes FX" which considers money management.
Money matters not limited to FX markets; I would like to share the weekly positional positions I actually hold with a limited audience.
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▼Table of Contents
―1. Recent Status
―2. Weekly Trades I Can't Tell Anyone About
―3. Next Week's Positions
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【PR】Turn FX losses into gains by using money management
Trading techniques that emphasize money management, which is often neglected in FX.
You can trade without being swayed by win rates or methods.
▼1. Recent Status
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"Everything becomes FX" moves between domestic and overseas about half of each month. I would like to inform you where I am currently and what I am looking at, and who I meet and work with domestically.
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This week, I am in Bali.
A two-hour flight from Jakarta, a destination familiar to Japanese people. Bali is also popular for Australians (though it's vast, around Sydney). Some people who went on a trip to Australia also visit Bali.
Bali became one of the world's top tourist destinations when Europeans discovered it as a surfing spot. In Japanese terms, it's like Tokyo (Jakarta) was doing well, and then Okinawa (Bali) overtook it—fortunately, Japan seems unlikely to experience such a thing.
Local Bali prices are higher than Jakarta (the so-called tourist surcharge), and things feel well-off.
On the other hand, there are many unscrupulous people trying to do shady business with tourists…
Now, this week the market moved significantly. The pound-yen fell by about 400 pips in one week.
"Weekly trades I Can't Tell Anyone About" have yielded a profit of 1,198 pips, without doing anything special. This brings the total profit since the beginning of the year to around 4,000 pips.
In weeks when the market moves a lot, the best profits come from holding from the start to the end without entering and exiting the market (as Larry Williams would call a state of “dancing”).
That said, such a smooth outcome is rare. More often one regrets not closing a position earlier, doesn’t it?
Therefore, I recommend trading using multiple time frames from short to long. This way, even if weekly trades aren’t highly profitable, you can have a trade like “I only captured a large move during London hours.”
Conversely, when entering and exiting the market doesn’t yield much profit, staying steady like weekly trades allows you to trade without being swayed by market noise.
My own view is that both approaches have pros and cons. To enjoy the merits of both and offset the drawbacks, it’s good to use multiple time frames.
Of course, adding money management here can further stabilize and increase profits.
For those who have become blind to difficult techniques by chasing them, returning to a simple method for trading might be worthwhile.
▼2. Weekly Trades I Can't Tell Anyone About
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A strategy that fully utilizes money management in a portfolio of trend-following and counter-trend trades: "Weekly Trades I Can't Tell Anyone About."
Since its inception in 2012, it has never lost in a year and has accumulated total profits of over 30,000 pips.
What is the secret to profit with a win rate of 48%? Here we present this week's trade results.
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・This week's result: +1,198 pips
・Total result: +37,266 pips (rounded)
【Weekly Trade Results】
・Win rate: 50.3%
・Average win: +785 pips
・Average loss: -578 pips
・Largest win: +13,491 pips
・Largest loss: -2,932 pips
・PF: 1.37
・PR: 1.36
"Weekly Trades I Can't Tell Anyone About" uses positions that have an edge from the 1-hour, daily, and weekly timeframes and trends. However, its essence lies more in money management than trading itself.
This method's win rate is 50%. Because the perceived probability feels about 40%, those who cannot tolerate a win rate below 80% will likely struggle to practice it. Conversely, it can be informative for those who think in long-term profits.
