Dr. Iidacchi’s “Yuyu” End-of-Day Trade｜Episode 6 Beard-Pattern II The Secret of Moving Averages No One Talked About (Part 2) [Dr. Iidacchi]

Professor Iidai Acchi Profile

Former teacher at a preparatory school. Loves hot springs and holds a hot spring sommelier qualification; a professional FX trader. Using a method called “End-of-Session Trading Method,” he has trained many excellent traders, and his online study sessions attract participants from all over the country, from the elderly to young people. The chart analysis method that emphasizes the “closing price” is well received by part-time traders as a trading method that doesn’t require constant focus on 24-hour markets.

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※This article is a reprint/edit of an article from FX Strategy.com, April 2019 issue. Please note that the market information written in the text may differ from current market conditions.

How to determine trend markets and range markets

Hello, this is Professor Iidaacchi. In the previous sections, I wrote about important points of moving averages that many people did not know. A moving average is the average of closing prices, and when the closing price remains above the moving average, the moving average trends upward; when it remains below, it trends downward. In other words, moving averages serve as a guide to uptrends and downtrends.

Many seminars explain how to distinguish trend markets and range markets. Iidaacchi also attended many seminars as a beginner and studied intensively. However, even after being able to distinguish trends and ranges, trading did not improve. I think many of you have had a similar experience. Why couldn’t you apply that knowledge? Because even if you can identify trends or ranges at the present moment, that is in the past, and both are things you understand only by looking back at the past. In the future, no one can predict whether trends or ranges will continue.