As of now, the record stands at 43 wins and 45 losses, +250 pips [Kiria Yuu]
Since transitioning to free-time trading, I hadn't set a daily number of trades, so I lightly developed a Pose-Pose trading mania (sweat).
Therefore, from this week I’ve decided to trade once per day. If at that timing there is a position within 20 pips in the same direction, I will give up that day's entry.
New Coin Toss Trade using Heikin-Ashi
■Currency pairs and timeframes
Show Heikin-Ashi on GBP/JPY daily chart
■Trading rules
→ If the daily Heikin-Ashi is bullish, go long; if bearish, go short
→ Take profit at 100 pips, stop loss at 90 pips, set OCO
■Notes
・Do not hold more than 3 positions at the same time
・Do not hold positions in the same direction if the price difference is within 20 pips
・Trades only once per day
■Other
・In the article, “○ = take profit” and “× = stop loss” are used.
・The initial trading rule is explained in, ‘Started coin toss trading that had been on my mind for a long time’.
・For the latest trading rules, please check the most recent article.
・This trade started with a rule of buying on the heads side and selling on the tails, but at some point it shifted to determining buy/sell by the color of the Heikin-Ashi. Still, since it originated from the initial idea, the name Coin Toss has not been changed.
・Back issues of the serialization column are here(You will be redirected to FX攻略.com official site)
Coin Toss Trade Results: 7/16 (Mon) – 7/20 (Fri)
7/16 (Mon)
Buy → ×
7/17 (Tue)
There was a position within 20 pips in the same direction, so I skipped the trade.
7/18 (Wed)
Sell → ○
7/19 (Thu)
Sell → ○
7/20 (Fri)
Sell → This position is carried over to the following week.
More trades and the results are solidifying
As of last week, this method's trade record is 43 wins and 45 losses for a net of +250 pips.
Even though it’s such a simple method, it stays positive, and with 88 forward tests completed, its reliability has improved considerably. With about a 50% win rate approaching, it seems likely to sustain around 50% if continued. Let’s keep going!
Bonus
Recently I discovered this alcohol. It looked interesting, so I drank it and found it to be a sparkling brew made from koji. Delicious♪
Yuu Kizato (Kizato Yuu) Profile
Individual trader with more than 5 years of FX experience. Self-taught through books and magazines, learning various trading methods and analysis techniques. Implemented from scalping to swing trading, culminating in a lean-energy approach. Achieves steady profits with simple trading during Tokyo hours, but continuously strives to improve accuracy. 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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