Naked Forex. High-Probability Techniques for Trading without Indicators (2012) by Alex Nekritin, Walter Peters
Description
OPTIMIZED AND HIGHLY EFFECTIVE APPROACH TO TRADING WITHOUT INDICATORS
Most Forex traders rely on technical analysis books written for exchange, futures and options traders. However, long before the advent of computers and calculators, traders were trading naked. Naked trading is the simplest (and oldest) trading method. It’s just trading without technical indicators, and that’s exactly what this book is about.
Traders using standard technical indicators focus on indicators. Naked trading techniques traders focus on price charts. Naked trading is an easy and excellent way to trade and is suitable for those traders who want to quickly gain experience with the trading method.
Offers an easier way for traders to make effective decisions using a price chart
Almost exclusively indicator-free method of trading and money management based on co-author Walter Peters
Co-author Alexander Nekritin is the CEO and President of TradersChoiceFX, one of the largest forex brokers in the world
Naked Forex Teaches Traders To Make Profits In The Simple Naked Way!
CONTENT
Foreword
Foreword
Confirmation
PART ONE: Naked Forex Trading Disclosed
Chapter 1: The Basics of Forex Trading
Chapter 2: Avoiding the Trade Tragedy
Chapter 3: Retesting Your System
Chapter 4: identifying support and resistance zones
PART TWO: NAKED TRADING METHODOLOGY
Chapter 5: The Last Kiss
Chapter 6: Great Shadow
Chapter 7: Wammi and the Mula
Chapter 8: Kangaroo Tails
Chapter 9: Great Belt
Chapter 10: Fashionable Kangaroo
Chapter 11: exiting the trade
Part Three: The Psychology of Trading
Chapter 12: The Forex Cycle
Chapter 13: Creating Your Trading System
Chapter 14: becoming an expert
Chapter 15: Gaining Confidence
Chapter 16: Risk Management
about the author
Index
INFORMATION ABOUT THE AUTHOR
Alexander Nekritin is the CEO and President of TradersChoiceFX, one of the largest forex brokers in the world. He has over a decade of successful experience trading stocks, options, futures and forex. Nekritin holds a degree in finance with a concentration in derivatives from Babson College. His work has been featured in many web publications such as FXstreet.com and TradingMarkets.com.
Walter Peters, Ph.D., holds a PhD in Psychology and is a full-time Forex trader. He trades for the DTS fund and works with traders through the FXjake.com website. Peters is a technical trader and takes a unique “naked” approach to Forex trading. Almost all of the trading systems he uses and teaches are systems without technical indicators. Peters believes that understanding cognitive psychology in general and cognitive biases in particular is beneficial for the Forex trader.
Forex Trading – Foreign Exchange Rate
Want to know more about the Forex market?
Foreign currency, or forex, is the conversion of the currency of one country into the currency of another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, the value of a currency can be pegged to the currency of another country, such as the US dollar, or even to a basket of currencies.
The value of a country’s currency can also be set by the country’s government.
However, most countries freely exchange their currencies for the currencies of other countries, which keeps them in constant fluctuation.
Take Naked Forex. High-Probability Techniques for Trading without Indicators (2012) by Alex Nekritin, Walter Peters at Whatstudy.com
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Course Features
- Lectures 0
- Quizzes 0
- Duration Lifetime access
- Skill level All levels
- Language English
- Students 147
- Assessments Yes
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