Last week saw many trades skipped, ending with 0 wins and 2 losses…[木里ゆう]
Last week there were many cases where we passed on trades.
New Coin Toss Trade Buy/Sell Rules Using Heikin-Ashi
■Currency Pair and Time Frame
Display Heikin-Ashi on the daily chart for GBP/JPY
■Trading Rules (Updated 2018-10-23)
→ If the daily Heikin-Ashi is bullish for the day, enter buy; if bearish, enter sell
→ 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 body is short
■Notes
・Do not hold more than 3 positions at the same time
・Do not hold positions in the same direction when the price difference is within 50 pips
・Trading is only once per day
■Others
・In the article, “○ = take profit” and “× = stop loss.”
・The initial trading rule is explained in, “Started coin-toss trading that had been on my mind for a long time.”
・Please check the latest trading rules in the most recent article.
・This trade started from a rule of buying on the coin toss face and selling on the back, but at some point the decision to buy or sell began to be based on the color of the Heikin-Ashi. Still, since it stems from the original idea, the name coin toss has not been changed.
・Back issues of the serialized column are here(Link moves to FX攻略.com official site)
Video release of Yuu Kinoshita’s method!!
1. 【Video】One minute a day! Simple method by Yuu Kinoshita that only involves viewing the Heikin-Ashi
I (FX攻略.com editorial staff member Shikanai) went to ask about the method that has been reported in this column. Shy Yuu Kinoshita appears in animation?! It’s a very simple method, so it’s easy to understand, and watching it in a video makes it even clearer.
◆ Public page here
・【Video】One minute a day! Yuu Kinoshita’s recommended super simple method for viewing only Heikin-Ashi
2. 【Video】Special interview with Yuu Kinoshita! Past failures, turning points to becoming a winner, tips for building a method
This is an interview video exploring Yuu Kinoshita’s FX history. It covers the trajectory to his current method, past failures, and messages for people just starting FX. Those who have been losing without finding a method that suits them, or who win sometimes but overall are losing, will likely gain some insights.
◆ Public page here
・【Video】Special interview with Yuu Kinoshita! Extremely embarrassing past failures, what triggered profitability, tips for building a method
Coin Toss Trade Results: 11/26 (Mon) – 11/23 (Fri)
11/26 (Mon)
The body of the Heikin-Ashi was short, so I passed.
11/27 (Tue)
Buy → ×
11/28 (Wed)
Again, the body of the Heikin-Ashi was short, so I passed.
11/29 (Thu)
Buy → ×
11/30 (Fri)
The Heikin-Ashi was small and direction was unclear, so I passed.
In the end it was a range market, but not a big concern
Last week, I skipped trades for 3 days, and both entries on the two days resulted in losses.
Total: 9 wins, 14 losses, −160 pips.
Last week, Heikin-Ashi trading was challenging in a ranging price movement. I will focus on executing more trades without overthinking!
Bonus
Recently I developed metal allergies, so I bought a nickel-free watch.
There were few variations and the design was a bit so-so, but then I found a cute one that I really like!