Eye-opening revelation? Understanding the essence of FX's appeal ~ Mastering moving averages (Part 5) ~ [Iidacchi-sensei]
Ida-atchi Sensei's Profile
Former instructor at a preparatory school. Loves hot springs and holds a hot spring sommelier qualification. A professional FX trader who trains many excellent traders using the "Close Price Trading Method." In online study sessions, participants from all over the country, from the elderly to the young, learn together. The chart analysis method that emphasizes the "close price" is popular among part-time traders as a trading approach that doesn’t require focusing on the 24-hour market.
Blog:The Big Comeback from 100,000 yen! FX Trader Ida-atchi BLOG
Twitter:https://twitter.com/iidatchi
*This article is a reprint/edited version of an article from FX Survival Magazine, March 2021 issue. Please note that the market information written in the main text may differ from current market conditions.
It Looks Like Bollinger Bands but It’s Not the Same...
Hello, this is Ida-atchi Sensei. In this issue as well, we will continue with a detailed, practical explanation of moving averages (MAs).
Ida-atchi Sensei displays deviation level lines above and below the reference Exponential Moving Average (EMA) 144. Some readers may think this resembles Bollinger Bands. Or some may think Bollinger Bands alone suffice. However, the Bollinger Bands and the deviation level display are similar but not the same.
