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.