Chart reading, commentary, interpretation, verbalization

If you add things to a chart, you’ll lose.

First, I must apologize.

To grab attention, I deliberately used a strong title.
If I have caused any discomfort, I’m sorry.

However, in this article, I want to deliver what is truly essential.
I would be grateful if you read to the end.

Add moving averages.
Add RSI.
Add Bollinger Bands as well.

Each time you lose, you add something.
Before you know it, the candlesticks are hidden under a chart full of lines.

If your chart looks like this,
I must tell you something tough.

The more you add to a chart, the more likely you are to lose.

See if this applies to you

□ When you lose, you start looking for a new indicator
□ Different indicators give conflicting answers, causing doubt
□ You look at indicator lines before candlesticks
□ You feel uneasy if nothing is displayed on the chart

If two or more apply, what’s written in this article is likely the source of your confusion.

As you add, answers become more scattered

Indicators are all calculated based on price.
Even though the prices start the same, different calculation methods yield different answers.

One says “buy.”
Another says “wait a moment.”
A third says “sell.”

The more you add, the more the answers diverge.
And you end up selecting only the answers that suit you.

What you add to reduce indecision is actually increasing indecision.

What you should look at is the price itself

In my chart, I display not a single indicator.

What I look at are the candlesticks, and the highs and lows.
And one horizontal line drawn per timeframe.

In an uptrend, one line at the swing low; in a downtrend, one line at the swing high.
I do not add more than that.

Overlapping indicators is like
putting all seasonings into a dish, making it hard to taste the ingredients.
The market’s raw material is the price itself.

What you can learn from this video

・How to read an actual chart without indicators
・How to determine trends using only candlesticks and the highs/lows
・Where to draw one horizontal line per timeframe
・What to check instead when you feel like adding something

Who this video is for

・People who don’t become better even after adding more indicators
・People who get confused because indicators give conflicting answers
・People who want to be able to judge with a simple chart

From here on, I will carefully explain using actual chart videos.

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