Trade rule change! Time frame has been abolished [Kari Yuu]
Last week's highlight was on the 19th (Tuesday) when three short positions were all closed for a profit!
New Coin Toss Trade Buying/Selling Rules Using Heikin-Ashi
■ Currency Pairs and Time Frames
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 buy if Heikin-Ashi is bullish, enter sell if bearish
→ Take profit at 100 pips, stop loss at 90 pips, set as OCO
■ Notes
・Do not hold more than 3 positions at the same time
・Do not hold multiple positions in the same direction within a 20-pip price difference
■ Others
In the article, "○ = take profit" and "× = stop loss" are used.
The old trading rules are explained in “We’ll finally put Coin Toss Trade into real operation this week!”.
・Back issues of the serial column are here(You will be moved to the FX攻略.com official site)
Coin Toss Trade Results: 6/18 (Mon) – 6/22 (Fri)
June 18 (Mon)
In the morning there were opposite-direction positions within 20 pips, so no entry.
In the evening I had something to attend to, so no trade.
June 19 (Tue)
Morning sell → OK
Evening sell → not OK
June 20 (Wed)
Morning no entry due to another-position within 20 pips in the same direction.
Evening sell → not OK
June 21 (Thu)
This day also no entry due to positions within 20 pips in the same direction.
June 22 (Fri)
Morning buy → this position will be carried over to the next week
I Decided to Trade in Free Time
Until now, entries were made in the morning and evening, but I will abolish this rule and switch to a free-time system.
The Heikin-Ashi referenced will be unified to the daily chart of the day of entry (previously, when entering in the morning, I referenced the previous day’s chart).
The rules of not holding more than 3 positions at once, and not entering in the same direction when there is already a 20-pip difference, remain the same.
I think it will allow more freedom and make it easier to collect samples.
Bonus
I changed the room curtains to green. It feels refreshing and I like it♪
Yuu Kizato (Kizato Yuu) Profile
An individual trader with over 5 years of FX experience. Studied various trading methods and analytical techniques through books and magazines. Practicing a wide range of styles from scalping to swing trading, he has arrived at a current energy-saving method. Stable profits with simple trading during Tokyo hours, while continually improving the method's precision. Loves punk and techno music. Based in the Tohoku region.
Official site: Yuu Kizato's Swap FX Life
twitter:https://twitter.com/KizatoFX
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