Naked Forex: High-Probability Techniques for Trading Without Indicators: 534 (Wiley Trading)

This book covers some established price action trading strategies as well as psychology & trade planning/management. For me, it’s well written & concise without being too verbose. After several years trading using indicator algorithms with little to show for it, I found the info in this book to be very useful.

Yes a very good book. A must read for any aspiring trader. My other tip is if you get the ebook version you can read on a smart phone and highlight stuff. Then use the highlight menu to look back on information which is handy for technical books when you want to go over things.

Really good. Explained well. Simple strategies that make sense. Attempting my back testing soon and really looking forward to an uncluttered chart. Less confusion and more definitive entries and exits ahead.

This is a classic book from Walter Peters for anyone wanted to learn about 'naked trading', which means using clean charts without indicators. The book provides at least 4 good ways to enter the forex market (strategies) as well as advice on psychology, back-testing and the road you will have to take to become a consistent and profitable trader. Years after buying the book, it is still on my bookshelf and I refer to it every now and then. Unfortunately, the reality is that the content of this book plus a lot more is freely available on YouTube. All you have to do is watch the Naked Forex playlist. You might prefer books to watching YouTube but those online seminars explain key concepts in far more detail than the book.

Walter's book is one of the best I've read on forex trading (and trust me I've read lots). What attracted me was that it focuses on forex and how you can use price action to make trading decisions. Lots of other books focus on indicators but the problem with these is that they lag and in any event they are derived from price! This is a step by step guide to success in forex and covers psychology, how to read a chart and trading strategy. Less is often more so lose the indicators and clutter from your charts, buy and read this book and start making consistent profits! An outstanding read for beginner or professional alike - buy it now!

Not only does the writer talk about strategies, he also goes deep into the psychology of trading and he has definitely studied the behavior of lots of traders. This book is a must for all those who want to succeed as a professional trader. The book also shows how to effectively trade the forex market without indicators - just what I like. I really wish i had read this book when I started my trading career 7 years ago. Alex thanks for such a book. Incidentally this is my first review on any Amazon product. I just could not resist.

Like most wannabe traders I have tried many different amazing systems and robots with 900 colourful indicators on the screen with little to no success. After lots of research I found the most common information coming up was that all you ever really need to know are support and resistance and price action, and this is 100% true and if you master these you will be successful. I already knew everything I needed to know about support and resistance but was looking for something on price action and found this little gem, the teachings and examples are excellent and if you can be patient at first and trade from the daily chart you will increase your account every month. Just in case your worried what the naked forex part is, it's not sitting in your pants trading its just having no indicators on your charts, which is fine by me as indicators are lagging and the only real indication is price itself! If you want to learn price action and really start making some profits then you must own this book.

This is a MUST READ forex book for any trader. Well written with plenty of illustrations. THIS STUFF REALLY WORKS, on any market and is now the only way I trade. I have lost consistenly using indicators/swopping methods (and for years) before applying AND PRACTICING these techniques. With practice and application you learn to read the market and identify those high probability trades. Just a couple of the best trades a month on daily charts is all it takes to increase your account.

While requiring a basic understanding of trading to understand and apply its contents, the Naked Forex book is an amazingly helpful book for profitable trading and mindset. With a clear and uncomplicated writing style, the authors go a long way -- with relevant examples -- to assist retail traders in upping their game for high strike rates and above-average rewards. An essential read for all wishing to hone their trading skills!

This book is not worth its price, basic things to follow named trading. Worst decision on a book.

This book really clicked with me. I was missing something in my trading and I firmly believe this book is going to help "gel" everything together. I love the stripped down approach to trading presented. No BS indicators that predict where the market is going. Technical analysis in its raw form is presented here and it works. There is also the meditation aspect that I was interested in that was covered in the book, but more so the additional content that comes with the book is where Walter gets more into that sort of thing. This book gives a few strategies and some helpful hints how to follow them and what to look for. Honestly if you put in the work you will succeed as a trader. Walter goes over some key points and goals to set that make sense and will definitely help to improve my trading and trading mindset. The book doesn't go into too much detail about the background info of the market, but Walter actually sent me a free e-book that I think goes over that. If you know some basics about the market and are ready to get serious about trading and need that little push in the right direction you need to get this book. It's a bit more expensive than other FX books but honestly in my opinion it's worth the extra money. Especially with the extras that come with the book. Best $50 I've spent in a long time! Thanks Walter! -Jeff

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Un libro essenziale per ogni trader. Scritto in un inglese più che fruibile, necessita di un po' di conoscenze tecniche per essere compreso e illustra concetti miliari per il trading. Non lo consiglio a chi si affaccia sul mondo del trading per la prima volta, ma è perfetto per i trader principianti. I trader esperti lo hanno già :).