Description

Description

A streamlined and extremely efficient strategy to buying and selling without indicators

Most foreign exchange merchants depend on technical evaluation books written for inventory, futures, and choice merchants. However, lengthy earlier than computer systems and calculators, merchants had been buying and selling bare. Naked buying and selling is the best (and oldest) buying and selling methodology. It’s merely buying and selling without technical indicators, and that’s precisely what this guide is about.

Traders who use normal technical indicators concentrate on the symptoms. Traders utilizing bare buying and selling methods concentrate on the value chart. Naked buying and selling is an easy and superior technique to commerce and is suited to these merchants seeking to rapidly obtain experience with a buying and selling methodology.

  • Offers an easier method for merchants to make efficient choices utilizing the value chart
  • Based on coauthor Walter Peters methodology of buying and selling and managing cash virtually completely without indicators
  • Coauthor Alexander Nekritin is the CEO and President of TradersChoiceFX, one of many largest Forex introducing brokers on the planet

Naked Forex teaches merchants easy methods to revenue the straightforward bare method!

Table of Contents

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

 

Author Information

Alexander Nekritin is the CEO and President of TradersChoiceFX, one of many largest foreign exchange introducing brokers on the planet. He has over ten years of profitable buying and selling expertise in equities, choices, futures, and foreign exchange. Nekritin holds a level in finance with a focus in spinoff devices from Babson College. His work has been featured in lots of internet publications reminiscent of FXstreet.com and TradingMarkets.com.

Walter Peters, PhD, holds a doctorate in psychology and is a full-time foreign exchange dealer. He trades for the DTS Fund and works with merchants by means of the web site FXjake.com. Peters is a technical dealer and takes a novel “naked” strategy to foreign currency trading. Nearly the entire buying and selling methods he makes use of and teaches are methods without technical indicators. Peters believes that an understanding of cognitive psychology typically, and specifically cognitive biases, is beneficial for the foreign exchange dealer.

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