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Naked Forex: High-Probability Techniques for Trading Without Indicators

Naked Forex: High-Probability Techniques for Trading Without Indicators

Alex Nekritin, Walter Peters

ISBN: 978-1-118-11401-8

Mar 2012

288 pages

In Stock

$75.00

Description

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!

Foreword

Preface

Acknowledgments

Part One: Naked Forex Trading Revealed

Chapter 1: The Fundamentals of Forex Trading

Chapter 2: Avoiding a Trading Tragedy

Chapter 3: Back Testing Your System

Chapter 4: Identifying Support and Resistance Zones

Part Two: Naked Trading Methodology

Chapter 5: The Last Kiss

Chapter 6: The Big Shadow

Chapter 7: Wammies and Moolahs

Chapter 8: Kangaroo Tails

Chapter 9: The Big Belt

Chapter 10: The Trendy Kangaroo

Chapter 11: Exiting the Trade

Part Three: Trading Psychology

Chapter 12: The Forex Cycle

Chapter 13: Creating Your Trading System

Chapter 14: Becoming an Expert

Chapter 15: Gaining Confidence

Chapter 16: Managing Risk

About the Authors

Index