Naked Forex: High-Probability Techniques for Trading Without Indicators

· Sold by John Wiley & Sons
4.3
162 reviews
Ebook
288
Pages

About this ebook

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!

Ratings and reviews

4.3
162 reviews
Siyanda Myende
June 16, 2023
A very good book indeed, just what i was looking for all along. Buy it my friend if you want to learn more and gain some confidence in the market.
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victor
May 18, 2013
Great read, -1 star because the names that the author tend to give new weird names to candle stick patterns that has already exsited.
19 people found this review helpful
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Jabulani.M Jabulani
March 31, 2018
The greatest book ive encounted about Forex, it just takes out all the difficult in forex and makes it simple
28 people found this review helpful
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About the author

ALEXANDER NEKRITIN is the CEO and President of TradersChoiceFX, one of the largest forex introducing brokers in the world. He has over ten years of successful trading experience in equities, options, futures, and forex. Nekritin holds a degree in finance with a concentration in derivative instruments from Babson College. His work has been featured in many web publications such as FXstreet.com and TradingMarkets.com.

WALTER PETERS, PHD, holds a doctorate in psychology and is a full-time forex trader. He trades for the DTS Fund and works with traders through the website FXjake.com. Peters is a technical trader and takes a unique “naked” approach to forex trading. Nearly all of the trading systems he uses and teaches are systems without technical indicators. Peters believes that an understanding of cognitive psychology in general, and in particular cognitive biases, is useful for the forex trader.

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