[FX Video] The most important information on the chart was the "closing price"! Itte-dacchi-sensei teaches simple trades using closing prices
We spoke with the highly regarded easy-to-understand method instructor, Ii-dacchi-sensei, about his approach to the most important price in candlestick charts—the closing price—and a simple setting that dramatically improves the visibility of closes, plus a simple yet effective trading method that uses closes. (Interview: Editorial Department Kakuchi)
What you can learn from this video
In this video, you will learn the following:
- Among the four price data points, the ending price (close) is the most important
- Why Ii-dacchi-sensei emphasizes the close
- A simple setting that dramatically improves the visibility of the close
- Why diagonal trendlines are difficult to use
- A simple but powerful trading method using closes
● Video length: 10 minutes 34 seconds
Ii-dacchi-sensei profile
Ii-dacchi-sensei. Former instructor at Juken Juku. Loves hot springs and holds a hot springs sommelier qualification. A professional FX trader who has trained many excellent traders using the “Close Price Trading Method.” His online study sessions attract many participants from all over the country, from seniors 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 constant focus on round-the-clock markets.
Official site:From 100,000 yen to a big turnaround! FX Trader Ii-dacchi BLOG
A note from the editor in charge, Kakuchi
Ii-dacchi-sensei’s trading method is renowned for being straightforward and easy for FX beginners to understand.
In this video, he explains a trading method that uses candlestick closes. When you hear why he places importance on closes and why he doesn’t use diagonal trendlines, you’ll want to incorporate it into your chart analysis.
By keeping indicators off the chart, you can master a simple yet effective trading approach in a short time.
This is a sample of the video.
How to view the FX method videos
The video for FX methods is embedded in the portion that only readers who purchased the article can view (located at the bottom of this article). Click the play button to start the video.