Total +180 pips! Benefits of term count [Yu Kibori]
Last week's settlements were 1 win and 2 losses!
In total, it was 45 wins and 48 losses for +180 pips!
New coin toss trade trading rule using Heikin-Ashi
■Currency pair and timeframe
Display Heikin-Ashi on the daily chart for GBP/JPY
■Trading rules
→ Enter long if the daily Heikin-Ashi is bullish today; enter short if bearish
→ Take profit at 100 pips, stop loss at 90 pips, set OCO
■Notes
・Do not hold three or more positions at the same time
・Do not hold multiple positions in the same direction within a 20-pip price difference
・Only trade once per day
■Other
・In the article, ○ = take profit, × = stop loss.
・The initial trading rule is explained with ‘Starting a coin toss trade that I had been curious about for a long time’.
・Please check the most recent trading rules in the latest article.
・This trade started with the rule of buying on the coin toss front side and selling on the back, but at some point it shifted to deciding buys and sells by the color of the Heikin-Ashi. Still, since it followed from the original idea, the name coin toss remains unchanged.
・Back issues of the serialized column are here(Will navigate to FX攻略.com official site)
Coin Toss Trade results: 7/30 (Mon) – 8/3 (Fri)
July 30 (Mon)
Since there was a position in the same direction within 20 pips, entry was postponed.
July 31 (Tue)
A position held since July 23 finally hit its stop loss here.
And, bought → ×
August 1 (Wed)
Since there was a position in the same direction within 20 pips, entry was postponed.
August 2 (Thu)
Sell → ○
August 3 (Fri)
Sell → This position carried over to the following week
Staying aware by tracking by term keeps you calm
When a position opened on July 31 (Tue) was stopped out on August 2 (Thu), I thought, “Ugh, I haven’t been winning lately. Three straight losses.”
But looking at the term table, this loss completed one term that started on July 18, making it 4 wins and 4 losses, a +40 pips result. Come to think of it, there was a three-win streak last week.
Counting by term helps you calmly understand the current situation.
Bonus
I visited the main branch of a family-style ramen shop. It was my second or third time, but, as ever, it’s in a league of its own.
Yuu Kiritani (Kisato Yuu) Profile
A private trader with more than 5 years of FX experience. Learned various trading styles and analysis techniques through self-study, focusing on books and magazines. Practices everything from scalping to swing trading, and has reached a lean, energy-saving method. Trades simply during Tokyo session to maintain steady profits, while continually refining the method. Loves punk and techno music. Residing in the Tohoku region.
Official site:Yuu Kisato's Swap FX Life
twitter:https://twitter.com/KizatoFX
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