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Naked Forex
High-Probability Techniques for Trading Without Indicators
Alex Nekritin (Author), Walter Peters (Author)
9781118114018, Wiley
Hardback, published 9 March 2012
288 pages
22.9 x 16 x 2.5 cm, 0.476 kg
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. Naked Forex teaches traders how to profit the simple naked way!
Foreword ix Preface xi Acknowledgments xiii Part One Naked Forex Trading Revealed Chapter 1 The Fundamentals of Forex Trading 3 Chapter 2 Avoiding a Trading Tragedy 9 Chapter 3 Back-Testing Your System 25 Chapter 4 Identifying Support and Resistance Zones 39 Part Two Naked-Trading Methodology Chapter 5 The Last Kiss 73 Chapter 6 The Big Shadow 95 Chapter 7 Wammies and Moolahs 111 Chapter 8 Kangaroo Tails 131 Chapter 9 The Big Belt 151 Chapter 10 The Trendy Kangaroo 163 Chapter 11 Exiting the Trade 177 Part Three Trading Psychology Chapter 12 The Forex Cycle 203 Chapter 13 Creating Your Trading System 209 Chapter 14 Becoming an Expert 229 Chapter 15 Gaining Confidence 239 Chapter 16 Managing Risk 249 About the Trading Software and Video Tutorial 261 About the Authors 263 Index 265
Subject Areas: Finance & accounting [KF]
