Naked Forex High-Probability Techniques for Trading Without Indicators
Naked Forex High-Probability Techniques for Trading Without Indicators by Alex Nekritin, published by John Wiley & Sons on March 6, 2012, is a comprehensive guide that explores a streamlined approach to forex trading without the use of technical indicators. This edition, consisting of 288 pages, presents the concept of naked trading, which emphasizes focusing on price charts rather than relying on standard technical analysis methods typically used by traders in other markets.
Readers will discover effective techniques for making trading decisions based solely on price movements, as outlined in the book. The content is rooted in the method developed by coauthor Walter Peters, who advocates for trading and managing money without indicators. This book is particularly suited for those interested in personal finance and investing, offering insights into a straightforward trading method that aims to enhance traders’ expertise in a more efficient manner.
Official synopsis Publisher
A streamlined and highly effective approach to trading without indicators
Most forex traders rely on technical analysis books written for stock, futures, and option traders. However, long before computers and calculators, traders were trading naked. Naked trading is the simplest (and oldest) trading method. It’s simply trading without technical indicators, and that is exactly what this book is about.
Traders who use standard technical indicators focus on the indicators. Traders using naked trading techniques focus on the price chart. Naked trading is a simple and superior way to trade and is suited to those traders looking to quickly achieve expertise with a trading method.
- Offers a simpler way for traders to make effective decisions using the price chart
- Based on coauthor Walter Peters method of trading and managing money almost exclusively without indicators
- Coauthor Alexander Nekritin is the CEO and President of TradersChoiceFX, one of the largest Forex introducing brokers in the world
Naked Forex teaches traders how to profit the simple naked way!
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