Alex Nekritin, Walter Peters – Naked Forex. High-Probability Techniques for Trading without Indicators (2012)

Description

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

Most foreign exchange merchants depend on technical evaluation books written for inventory, futures, and possibility 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 ebook is about.

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

• Offers a less complicated means 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 earth

Naked Forex teaches merchants the best way to revenue the straightforward bare means!

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 earth. 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 by-product devices from Babson College. His work has been featured in lots of net 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 via the web site FXjake.com. Peters is a technical dealer and takes a singular “naked” method to foreign currency trading. Nearly all the buying and selling methods he makes use of and teaches are methods without technical indicators. Peters believes that an understanding of cognitive psychology usually, and particularly cognitive biases, is beneficial for the foreign exchange dealer.