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Naked Forex

High-Probability Techniques for Trading Without Indicators
Series: Wiley Trading
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Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
Naked Forex by Alex Nekritin and Walter Peters demystifies forex trading through simple, actionable strategies that don't rely on complex technical indicators. Focusing on price action, this book provides a clear path for traders at any level to understand the dynamics of the forex market. The authors offer insights into essential trading techniques that can be applied to improve decision-making and trading outcomes.
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Format: Hardback
$14899
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

If you're interested in the world of forex trading and want a straightforward, no-frills approach to strategies, you might enjoy this book. It delves into the techniques of naked trading, focusing on price action without indicators, which could be appealing if you prefer a simplified and more intuitive method of trading.

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Naked Forex

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.

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! 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!

Series: Wiley Trading

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Book Details

INFORMATION

ISBN: 9781118114018

Publisher: John Wiley & Sons Inc

Format: Hardback

Date Published: 09 March 2012

Country: United States

Imprint: John Wiley & Sons Inc

Audience: Professional and scholarly

DIMENSIONS

Spine width: 28.0mm

Width: 160.0mm

Height: 231.0mm

Weight: 499g

Pages: 288

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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