Author: Walter Peters
Walter moved from share trading to currency trading in 2000 and currently works with a small community of traders at NakedForexNow.com – a private online trading community. His expertise lies creating profitable subconscious habits and creating simple, robust trading systems (most of which do not use technical indicators).
Walter has been featured in The Wall Street Journal, Yahoo! Finance, TradingMarkets.com and FXStreet He has taught University-level Psychology courses, worked as a hedge fund trader and written a best-selling book – Naked Forex – about simple price action based trading strategies.
“Market is a device for transferring money from the impatient to the patient.” – Warren Buffett
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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!
Table of Contents
Part One: Naked Forex Trading Revealed
1: The Fundamentals of Forex Trading
2: Avoiding a Trading Tragedy
3: Back Testing Your System
4: Identifying Support and Resistance Zones
Part Two: Naked Trading Methodology
5: The Last Kiss
6: The Big Shadow
7: Wammies and Moolahs
8: Kangaroo Tails
9: The Big Belt
Part Three: Trading Psychology
12: The Forex Cycle
13: Creating Your Trading System
14: Becoming an Expert
15: Gaining Confidence
16: Managing Risk
About the Authors