In terms of term count, it is +7, so even if the losing streak continues, we keep calm [Yuu Kiri]
Last week I could enter only twice. However, both positions I had since the week before were closed in profit ♪
New coin-toss trading rule using Heikin-Ashi (average bar)
■ Currency pair and timeframe
Display daily Heikin-Ashi on GBP/JPY
■ Trading rules
→ If the daily Heikin-Ashi for the day is bullish, enter long; if bearish, enter short
→ 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 positions in the same direction within 20 pips price difference
・ Trades are limited to once per day
■ Others
・ In the article, "○ = take profit" and "× = stop loss" are used.
・ The initial trading rule is explained in “Started coin-toss trading that I had been curious about for a long time.”
・ Please check the most recent rules in the latest article.
・ This trade began with a rule of buying on the coin-toss face and selling on the back, but at some point it shifted to making buy/sell decisions based on the color of Heikin-Ashi candles. However, since this still traces the original idea, the name coin toss remains unchanged.
・Back issues of the serialized column are here(You will be redirected to the FX Koryaku.com official site)
Coin-Toss Trading Results: 8/27 (Mon)–8/31 (Fri)
August 27 (Mon)
Since there was a position within the same direction within 20 pips, I skipped the entry.
August 28 (Tue)
Buy → OK
August 29 (Wed)
There was a position within the same direction within 20 pips, so I skipped the entry.
August 30 (Thu)
Buy → Not OK
August 31 (Fri)
I didn’t trade that day because I had a drink ♪
Feeling a little too good, a bit scary
Last week’s entry record: 1 win, 1 loss. Cumulative: 55 wins, 52 losses, total +820 pips
Feels a bit too good, perhaps.
Term count is 11 wins to 4 losses. Even if there were a dramatic string of losses from here, I understand the current state well enough to trade calmly.
For me, term count remains effective. ^^
Bonus
Recently I visited a famous pho restaurant. Even on hot summer days, pho remains light and easy to eat.
Yuu Ki-zato (Kizato Yuu) Profile
An individual trader with over 5 years of FX experience. Self-taught in various trading methods and analytical techniques through books and magazines. Practices a range of styles from scalping to swing trading, reaching a current energy-efficient approach. Stable profits with simple trades during Tokyo hours, yet continually seeking to refine the method. Loves punk and techno music. Based in the Tohoku region.
Official site: Yuu Ki-zato’s Swap FX Life
twitter:https://twitter.com/KizatoFX
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