A 200-pip day versus $5,000
1.65 lots at $6.70 lose about $11 per pip. A 180-pip flash is $2,000 if stops skip. 3.31 lots would be $4,000, which is the daily limit after commissions. This is why 0.50% is not conservatism on GBPJPY. It is arithmetic.
connect your MT5 account to Venasri and forbid 10-pip GBPJPY templates in the bot. Equity Guard at 3.0% is appropriate here because ATR can finish the last 2% without a second click.
Three calendars, one cross
06:00 UTC UK data, BoJ unscheduled, and US equity crash hours all own GBPJPY. You need all three calendars green, not one. Risk-off days: if NAS100 is already dumping, this cross will follow. Do not "buy the dip" with 1.65 lots because Cable looks oversold.
Tokyo-London transition is the cleanest trend window after UK data is out. Holding a full lot into a known BoJ week is how quiet Sundays become closed accounts on Monday.
No third ticket if the legs are open
GBPJPY = GBPUSD + USDJPY legs. Correlation Guard should block the cross when both legs are live, or block the second leg when the cross is live. Use the Half-Kelly Lot Size Calculator & Equity Guard with pip 6.70 and a 45-pip default, not a 20-pip major default.
Evaluation size 1.65 lots. Swing 95 to 160 pips only at ~0.90 lots. If that lot looks too small to "matter," you are in the right psychological state for this cross.
Dragon checklist: ATR stop, dual calendar, no NAS dump
Require 1.5× ATR stop (38 to 65 intraday), UK and BoJ calendars clear, NAS100 not in a crash candle, spread under 1.8, H4 aligned. Reject any 10-pip plan.
Store it on the Pre-Trade AI Confluence Checklist. Manual Trade Guard attaches 45 pips on fill and banks 50% at 1.5R so a mean-reversion 80-pip snap cannot donate the day to the firm.
