Iidacchi-sensei's "Yuyuu" Closing Price Trade | Episode 1 The Perfect Pattern ① [Iidacchi-sensei]
Profile of Dr. Iidatchi
Former instructor at a prep school. Loves hot springs and holds a hot spring sommelier qualification, and is a professional FX trader. By using a method called “Close Price Trading Method,” he has trained many excellent traders, and his online study sessions attract many participants from all over the country, from the elderly to the younger generations. The chart analysis method that emphasizes the “close price” tends to not require constant focus on the 24-hour market, and it is popular among part-time traders as a trading approach.
Blog:A Big Comeback from 100,000 Yen! FX Trader Iidatchi BLOG
*This article is a reprint/re-edited version of an article from FX Studio's November 2018 issue. Please note that the market information written in the main text may differ from current market conditions.
Hello, this is Dr. Iidatchi. I received many requests from everyone, so I’m taking charge of this series again. I hope to deliver content that will further improve the quality of your trading for everyone.
You Must Not Miss This! Chart patterns appearing almost every week!
Yes, Figure 1 is a chart pattern familiar even in Dr. Iidatchi’s study sessions—the “Perfect Fit Pattern.” Merely learning this pattern will dramatically improve your trading skills.
A good thing about this Perfect Fit Pattern is that it is a “close-price-based” pattern. In other words, you only need to check the close price, so you don’t have to sit glued to your computer monitor and stay focused all the time. This method has received favorable feedback from many, as you simply judge whether to sell or buy based on the close prices of the 1-hour, daily, or weekly timeframes when the pattern occurs.