67 trades with a net +120 pips [Kiri Yuu]
Hello!
I am Yuto Kizato, a private investor.
I used to write a weekly column on the FX information magazine "FX Waza-Play FX攻略.com" official site, but now that series has been moved to GogoJungle's Investment Navigator Plus!
In this serialized column, I will casually report my method ideas and performance. I am currently operating a coin toss trading strategy.
There is nothing particularly changing, but I appreciate your continued support.
・Back issues of the serialized column are here(You will be redirected to the FX攻略.com official site)
New Coin Toss Trade Buy/Sell Rules Using Heikin-Ashi
■ Currency pairs and timeframes
Display Heikin-Ashi on GBP/JPY daily chart
■ Buy/Sell Rules
→ In the morning trade, check the previous day's Heikin-Ashi. In the evening trade, check the current day's Heikin-Ashi
→ If the Heikin-Ashi is bullish, enter a buy; if bearish, enter a sell
→ Take profit at 100 pips, stop loss at 90 pips, set as OCO
■ Notes
・I do not hold more than 3 positions at the same time
・I do not hold positions in the same direction with price difference within 20 pips
■ Other
In the article, “○ = take profit” and “× = stop loss” are used.
The old trading rules are explained in ‘Finally starting real coin toss trading this week!’.
Coin Toss Trading Performance: 6/4 (Mon) – 6/8 (Fri)
Last week I made 6 trades. More than usual, all were buys except for one sale on the 8th evening.
June 4 (Mon)
Morning buy → ○
Evening: no trade due to commitments.
June 5 (Tue)
Morning: no trade as there was a position within 20 pips in the same direction.
Evening buy → ○
June 6 (Wed)
Morning: no trade due to a position within 20 pips in the same direction.
Evening buy → ×
June 7 (Thu)
Morning: no trade due to a position within 20 pips in the same direction.
Evening buy → ×
June 8 (Fri)
Morning buy → ×
Evening sell → carried over to the following week.
A 50% win rate is perfectly fine
Up to last week, the trial run with the current Heikin-Ashi method has been 62 attempts. There have been temporary winning or losing streaks, but the win rate has stayed around 50%. Since take profit is 100 pips and stop loss is 90 pips, as long as the win rate stays at about 50%, the equity increases.
Last week I went 2-3, a net loss, but I still have +120 pips in profit.
Previous article(You will be redirected to the FX攻略.com official site) For now, I will keep going with the simple rules. Whether the price surges or plunges, if the Heikin-Ashi is bullish, buy; if bearish, sell!
Bonus
The days are getting hotter. After eating Miga-ki Strawberry Sorbet, I feel revived♪
Yuu Kizato (Kizato Yuu) Profile
A private trader with over 5 years of FX experience. Self-taught, studying various trading methods and analytical techniques from books and magazines. Practicing a range of styles from scalping to swing trading, arriving at a current energy-efficient approach. Trades steadily using simple market-timing during Tokyo hours, still focused on improving method accuracy. Big fan of punk and techno music. Lives in the Tohoku region.
Official site: Yuu Kizato's Swap FX Life
twitter:https://twitter.com/KizatoFX