Take profit at 60 pips and stop loss at 50 pips under the new rule! [Kiri Yu]
Since last week, I have been operating with a 60 pips take profit and 50 pips stop loss OCO order.
【10/23 Update】 New coin toss trade rules using Heikin-Ashi
■ Currency pairs and timeframes
Display daily Heikin-Ashi for GBP/JPY
■ Trading rulesNEW!!
→ If the daily chart for the day is bullish, enter long; if bearish, enter short
→ Take profit at 60 pips, stop loss at 50 pips, set as OCO
→ Do not trade when the daily Heikin-Ashi is a doji or when the real body is short
■ Remarks
・Do not hold more than three positions at the same time
・Do not hold multiple positions in the same direction within 50 pips price difference
・Trading only once per day
■ Other
・In the article, a circle indicates take profit and a cross indicates stop loss.
・The initial trading rule is explained in, “Started coin toss trading that I had been curious about for a long time.”
・Please check the latest trading rules in the most recent article.
・This trade started with a rule of buying on the toss side and selling on the tails, but at some point it shifted to deciding buy/sell based on the color of the Heikin-Ashi. However, since it originated from the initial idea, we have not changed the name coin toss.
・Back numbers of the serialized column here(You will be redirected to FX攻略.com official site)
Video release of Yuri Kinmori’s method!!
The FX攻略.com editorial team member Shikanai went to ask about the method results reported in this serialized column. The animation at the bottom-right of the image is Kinmori-san (why???). It is a very simple method, so it is easy to understand, and when watched in video, it becomes incredibly clear.
◆ Public page here
・【Video】1 minute a day! Yuri Kinmori’s recommended ultra-easy method for viewing Heikin-Ashi
Coin Toss Trade results: 10/15 (Mon) – 10/19 (Fri)
10/15 (Mon)
Sell → ×
10/16 (Tue)
No entry as the position from 15th was unsettled.
10/17 (Wed)
Buy → ×
10/18 (Thu)
No entry as Heikin-Ashi was in a doji state.
10/19 (Fri)
Sell → ×
Aim for a win rate of 45% or higher
We immediately suffered three consecutive losses.
With take profit at 100 pips / stop loss at 90 pips, the payoff ratio is 1.1, but with the new rule of 60/50, the payoff ratio is 1.2.
In this case, the breakeven win rate is 45%. In other words, if the win rate exceeds 45%, profits become positive. Therefore, it is acceptable for the win rate to be lower than before.
Regardless of the result, we will first test 100 trades in a 100-trade drill.
Also, hedging swaptions and carry trades remain smooth as always.
Bonus
SoftBank’s Super Friday♪
This month is Baskin-Robbins Ice Cream. I tried the Halloween-themed black ice cream. It was hard to imagine from appearance, but it tasted like baked apple and was delicious.
Yuu Kinmori (Kizato Yuu) Profile
Independent trader with over 5 years of FX experience. Studied a variety of trading methods and analytical techniques through books and magazines. Practices many investment styles from scalping to swing trading, and has arrived at the current energy-saving method. Achieves stable profits with simple trading only during Tokyo hours, while continually improving method accuracy. Loves punk and techno music. Based in the Tohoku region.
Official site:Yuu Kinmori’s Swap FX Life
twitter:https://twitter.com/KizatoFX
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