One week of three consecutive losses, going out with Tarari-pi-kun [Yuri Kirisato]
Last week we had three straight losses. I wonder how many more losses we’ll have? I want to keep going with the mental attitude (laugh).
New Coin Toss Trade Buying and Selling Rules Using Heikin-Ashi
■ Currency pairs and timeframes
Display Heikin-Ashi on the daily chart for GBP/JPY
■ Trading rules
→ In the morning trading, check the previous day's Heikin-Ashi. In the evening trading, check the current day's Heikin-Ashi
→ Enter a buy if Heikin-Ashi is bullish, enter a sell if bearish
→ Take profit at 100 pips, stop loss at 90 pips, set as OCO
■ Notes
・Do not hold more than three positions at the same time
・Do not hold positions in the same direction if price difference is within 20 pips
■ Other
In the article, “○ = profit realization” and “× = stop loss.”
The old trading rules are explained in,Finally starting coin toss trading in live operation this week!.
・Back issues of the series are here(You will be redirected to FX Strategy.com official site)
Coin Toss Trading Operational Result: 6/11 (Mon)–6/15 (Fri)
June 11 (Mon)
Morning sale → ×
No trading in the evening due to other commitments
June 12 (Tue)
Morning buy → ×
In the evening, since there was a position within 20 pips in the same direction, trading was skipped
June 13 (Wed)
Morning buy → ×
In the evening, there was a position within 20 pips in the same direction, so trading was skipped
June 14 (Thu)
Morning, there was still a position within 20 pips in the same direction, so trading was skipped
Evening sell → this position carried over to the following week
June 15 (Fri)
Morning sell → this position also carried over to the following week
Probability concept: pairing wins and losses into one set
Recently I encountered a new way of thinking that incorporates probability into trading.
Even if the method of trading remains the same, you count “one winning trade + one losing trade” as one round, continuing until the win rate reaches 50%.
For example, if the sequence is “win → win → lose → win,” it is not yet one set, so you continue until you lose twice. If, during the continuation, wins accumulate more, you won’t stop until losses match in number.
When the number of wins equals the number of losses, that point becomes one round (50% win rate), and the count resets to zero. The more trades you have done by that point, the more profit accumulates ♪
With this approach, trading becomes more probabilistic even with the same method, and it seems easier to grasp the current status than simply counting total wins and losses. I’ll implement it right away.
Bonus
Recently I’ve been pairing a Tralipi-kun with my frequently worn bag
・Back issues of the series are here(You will be redirected to FX Strategy.com official site)
Yuu Kizato (Kizato Yuu) Profile
Independent trader with over five years of FX experience. Studied various trading methods and analysis techniques through books and magazines. Practicing a range from scalping to swing trading, I’ve arrived at a lean energy-saving method. Simple trading only during Tokyo session brings steady profits, and I continue to improve the method’s accuracy. A fan of punk and techno music. Residing in the Tohoku region.
Official site:Yuu Kizato’s Swap FX Life
twitter:https://twitter.com/KizatoFX