When the Heikin-Ashi is a cross or doji, it seems that staying out is the correct course of action [Yuu Kibori]

Last week, from a methodological standpoint, it was a difficult market for me. It felt like daily candlesticks alternated between bullish and bearish.

New Coin Toss Trade Using Heikin-Ashi (Average Bar) Rules

■ Currency pair and timeframe
Display Heikin-Ashi on the daily chart for GBP/JPY

■ Trading rules
→ Enter a buy if the daily Heikin-Ashi is bullish today; enter a sell if it is bearish
→ Take profit at 100 pips, stop loss at 90 pips, set as OCO
→ Do not trade when the daily Heikin-Ashi is a doji

■ Notes
・ Do not hold more than 3 positions simultaneously
・ Do not hold positions in the same direction when price difference is within 50 pips
・ Trades only once per day

■ Others
・ in the article, "○ = profit taken" and "× = stop loss
・ The initial trading rule is explained in 'I started the coin toss trade I had been curious about 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 coin toss front and selling on the back, but at some point, trades are now determined by the color of Heikin-Ashi. Still, the name “coin toss” remains because it continues the original idea.

・Back numbers of the serialized column are here（You will be redirected to FX攻略.com official site）

Coin Toss Trade Performance: 9/24 (Mon)–9/28 (Fri)

September 24 (Mon)

Sell → ×

September 25 (Tue)

Buy → ○

September 26 (Wed)

Buy → ×

September 27 (Thu)

Sell → carry this position to next week

September 28 (Fri)

The Heikin-Ashi was a doji, so skipped trading.

Last week was 1 win and 2 losses, making the overall record 59 wins and 59 losses for +590 pips.

Have the courage to not do it

From trading so far, I found that with this method, the point is to prune trades when the Heikin-Ashi is a doji. Therefore, on Friday, September 28, I did not trade, though there are times when I still feel compelled to enter.

Even when trading opportunities are fewer, the challenge is to be able to pass without hesitation.

Bonus

After美容院, I tried taking a straightforward self-portrait from the front for the first time in a while lol

Muri Yu (Kizato Yuu) Profile

Individual trader with more than 5 years of FX experience. Self-taught, learning various trading methods and analytical techniques from books and magazines. Practices a range of investment styles from scalping to swing trading, arriving at the current energy-saving method. Stable profits with simple trading only during Tokyo hours, but still striving to improve method accuracy. Loves punk and techno music. Resides in the Tohoku region.

Official site: Muri Yu’s Swap FX Life
twitter:https://twitter.com/KizatoFX

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