[Video] The most important information on the chart was the “closing price”! Itadatchi-sensei teaches simple trades using the closing price
We asked Iidacchi-sensei, renowned for clear and approachable method explanations, about the most important price in candlestick trading—the closing price—and simple settings that dramatically improve the visibility of the close, plus a straightforward yet effective method using the closing price. (Interview conducted by Editorial Board member Shikanai)
What you can learn from this video
In this video, you will learn the following:
- Among the four price data points, the close is the most important
- Why Iidacchi-sensei emphasizes the closing price
- A simple setting that dramatically improves the visibility of the close
- Why diagonal trendlines are hard to use
- A simple but powerful trading method using the close
● Video: 10 minutes 34 seconds
Iidacchi-sensei profile
Iidacchi-sensei. Former instructor at a preparatory school. A professional FX trader who loves hot springs and holds a hot-spring sommelier certification. He has trained many excellent traders using a methodology called the "Close Price Trading Method," and his online study sessions attract many participants from all over the country, from the elderly to young people. The chart analysis method that emphasizes the "close price" is popular among part-time traders as a trading approach that does not require concentrated attention on around-the-clock markets.
Official site:A Big Comeback from 100,000 Yen! FX Trader Iidacchi BLOG
A word from the assigned editor, Shikanai
Iidacchi-sensei's trading method is highly praised for being straightforward and easy for FX beginners to understand.
In this video, he explains how to trade using candlestick closes. Hearing why Iidacchi-sensei emphasizes the close and why he avoids diagonal trendlines makes you want to incorporate these ideas into chart analysis.
By not overloading the chart with indicators, you can master simple yet effective trading in a short time.
This is a sample from the video.
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