【January/USDJPY】Test results of the Bottom-and-Top Navigator method
Hello!
I am Ponta the Tanuki Trader.
I was able to verify USD/JPY for January 2024 as well, so here is a summary.
In January, the first half showed a trend, while the latter half had a market with low volatility. Please pay attention to the overall results for the month.
I hope to deliver market analysis and FX information through this Investment Navi+ as well.
January 2 – USD/JPY
Buy +27 pips
* A buy signal appeared as soon as the background color changed to light blue.
* Automatic take-profit pattern when the reverse signal lights up.
January 3 – USD/JPY
Buy +105 pips
* Signal appeared at the start of a clean uptrend.
* A pattern to take profit at 1:1.5 ratio before the reverse signal lights up.
January 4 – USD/JPY
Buy +33 pips
* The uptrend is a pullback-buying pattern.
* Before continuing to rise, a pullback forms and a reverse signal appears, producing automatic take-profit.
January 4 – USD/JPY
Buy +29 pips
* Background color remains light blue, signaling a buy.
* Reverse signal lights up for automatic take-profit pattern.
January 5 – USD/JPY
Buy +6 pips
* Pullback-buying pattern.
* During a trend, profits tend to grow quickly. This time, take-profit near the cost basis at an early stage.
January 5 – USD/JPY
Buy +7 pips, +3 pips
* Uptrend pattern is a pullback-buying pattern.
* Reverse signal triggers take-profit as soon as it appears. Small profits were realized consecutively.
January 9 – USD/JPY
Sell +37 pips
* In a sideways market (no background color), a pink background appeared at a higher-timeframe alignment point.
* With a large bearish candlestick lighting the star signal, a reverse-signal auto take-profit pattern is in effect.
January 10 – USD/JPY
Buy +75 pips
* Pullback-buying pattern.
* The most recent reverse signal did not lock in profits; take-profit occurs at the next star signal. It has truly extended.
January 11 – USD/JPY
Buy +20 pips
* The uptrend is a pullback-buying pattern, but after a consolidation, the position remains in profit/loss.
* Depending on the stop placement, a positive outcome can occur after a large rise following the indicator's signal; if rising, move the stop to the previous swing low that marked the start of the new high.
January 12 – USD/JPY
Sell +10 pips
* In a sideways market (no background color), a pink background appeared at a higher-timeframe alignment point.
* Large bearish candlestick star signal lights up, reverse-signal auto take-profit.
January 12 – USD/JPY
Buy +73 pips
* Buy signal at the initial move of a breakout from a range to an uptrend.
* The exit with profits while in the green is the second exit since entry, and it has extended the profit margin well.
January 16 – USD/JPY
Buy +16 pips
* The uptrend is a pullback-buying pattern.
* Signals appear quickly here with take-profit. It would have been nice to extend a bit more, but trading by the rules is important.
January 17 – USD/JPY
Buy +48 pips
* Entered on a pullback buy. The next wave after the previous trade also produced a good signal.
* Exit with auto take-profit EA signal.
January 19 – USD/JPY
Buy +13 pips
* Relatively short-term trading. There was a notable rise, but also a drop with a take-profit on the reverse signal.
January 22 – USD/JPY
Sell +10 pips
* Entry on a breakout selling signal from a consolidation. Quick take-profit on the reverse signal.
January 23 – USD/JPY
Sell -37 pips
* In a range-like market, a large bearish candlestick issued a signal.
* Stopped out when price broke the upper bound within the range.
January 23 – USD/JPY
Sell -56 pips
* Short-sell entry looked clean in a downtrend, but unfortunately could not extend. The market remains non-trending, neither rising nor falling.
January 24 – USD/JPY
Buy +15 pips
* Reversal-sell pattern. In the final decline, it failed to extend further and was closed for a small profit.
January 25 – USD/JPY
Sell -53 pips
* Short-term downtrend selling trade. Price quickly returned to a range, hitting a stop loss.
January 26 – USD/JPY
Buy +11 pips
* Entry on a pullback-buying pattern. Early reverse-signal yielded a small gain.
January 26 – USD/JPY
Buy +4 pips
* Buy entry. This one also did not extend much and closed for a small profit.
January 29 – USD/JPY
Sell -46 pips
* A sell signal soon after a downtrend started, but the downward momentum faded, leaving the market sideways.
* It hit a stop loss on the move.
[January 1–26] 19 wins, 4 losses, +348 pips
Overall for January, USD/JPY gained 348 pips.
Total trades were 23. On weekdays there were trading opportunities nearly every day.
Even if you cannot trade every time, opportunities are relatively frequent, so keep building your trades little by little.
USD/JPY Summary
[November 2023] 10 wins, 8 losses, +203 pips
[December 2023] 11 wins, 2 losses, +118 pips
[January 2024] 19 wins, 4 losses, +348 pips
Looking at by month, a clean trend appears at 15-minute charts, so please aim to trade with consistency when those opportunities arise.
Please continue to gather data by testing!
↓↓↓The indicator also highly popular on ゴゴジャン (GogoJan). From here↓↓↓
That is all for now.
I hope this is helpful to everyone’s trading.