During drawdown is the time for consistency [Yu Kyō Kirin?]
The performance is not great, but I’ll keep at it and accumulate data!
New Coin Toss Trade Buying and Selling Rules Using Heiken Ashi
■ Currency pair and time frame
Display Heiken Ashi on the daily chart for the GBP/JPY pair
■ Trading rules (updated on October 23, 2018)
→ Buy when the daily Heiken Ashi is bullish, sell when it is bearish
→ Take profit at 60 pips, stop loss at 50 pips, set as OCO
→ Do not trade when the daily Heiken 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 multiple positions in the same direction within 50 pips
・Trading only once per day
■ Other
・In the article, “○ = take profit” and “× = stop loss”.
・The initial trading rule is explained in “‘Starting coin toss trading that had been on my mind for a while’
・For the latest trading rules, please check the most recent article.
・This trade started with a rule of buying on the heads side and selling on the tails side, but at some point it has since decided buy/sell based on the color of the Heiken Ashi. Still, since it remains rooted in the original idea, the name Coin Toss remains unchanged.
・Back issues of the serialized column are here(You will be redirected to FX攻略.com official site)
Mr. Kishiri Yu’s technique now available in video!!
1. 【Video】1 minute a day! Yu Kishiri’s recommended Heiken Ashi — ultra simple method
FX攻略.com editors (KShira?) Kunarui visited to report on the method featured in this column. Shy Yu Kishiri appears in animation?! The method is very simple, so it’s easy to understand, and watching it in video makes it even clearer.
◆ Public page here
・【Video】1 minute a day! Yu Kishiri’s recommended ultra-simple Heiken Ashi method
2. 【Video】Special interview with Yu Kishiri! Past mistakes, turning point to winning, tips for building a method
This is an interview exploring Yu Kishiri’s FX history. It covers how his current method came to be, past failures, and a message for those starting FX. If you’ve been losing because you haven’t found a method that suits you, or even when you’re doing well but overall losing, you’ll gain some insight.
◆ Public page here
・【Video】Yu Kishiri’s Special Interview! Extremely embarrassing past failures, what sparked profitability, tips for building a method
Coin Toss Trade Performance: 12/3 (Mon) – 12/7 (Fri)
Monday, December 3
Sell → ×
Tuesday, December 4
Sell → ○
Wednesday, December 5
Sell → ×
Thursday, December 6
Sell → ×
Friday, December 7
Since the Heiken Ashi was a doji, no trade.
Last week was 1 win and 3 losses, totaling −250 pips.
Performance is not great, but I’ll keep at it and accumulate data!
When you start losing, you want to tweak the rules
I’m thinking of raising take profit to 60 pips and stop loss to −50 pips, and using the 4-hour Heiken Ashi to determine trends instead of the daily chart.
With take profit and stop loss widths tightened from before, I’m considering using a shorter time frame as the baseline.
However, when things go poorly, it’s natural to want to change the rules like this. I will test with the current rules 200 times.
Weekly income of 7,560 yen from the hedged swap account
On December 3, funds were moved into the hedged swap and carry account.
It’s been a month since funds were moved. It continues to generate a steady weekly profit of 7,560 yen ♪
Bonus
Recently, I walked around Shinnaksochi Pond. I’ve been enjoying nature spots lately. When it warms up, I’d like to visit valleys and waterfalls.