Naked Forex by Alex Nekritin (Author)

Publisher: ENGLISH GENERAL BOOKS

Availability: In Stock
SKU: 53504
Number of Pages: 288

Rs.590.00

Rs.700.00

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Description

In Naked Forex, Alex Nekritin and Walter Peters introduce a revolutionary approach to trading that dispenses with traditional indicators, focusing instead on raw price action. This method advocates stripping away complex charts and relying solely on market movements and key price levels to make informed trading decisions. By emphasizing simplicity and clarity, the authors argue that traders can achieve higher probabilities of success and greater consistency in their trading strategies.

Pure Price Action: The strategy centers on interpreting market dynamics directly from price movements without the clutter of indicators.
Key Support and Resistance: Identifying and utilizing critical support and resistance levels to define entry and exit points.
Candlestick Patterns: Leveraging candlestick patterns as signals for market reversals and continuation opportunities.
Risk Management: A strong emphasis on risk management techniques to preserve capital and minimize losses.
Psychological Edge: Insights into the psychological aspects of trading, focusing on discipline and emotional control.

Conclusion: Naked Forex offers a compelling alternative to indicator-heavy trading strategies, advocating a streamlined approach that relies on clear market signals and disciplined risk management. By mastering the techniques outlined in this book, traders can potentially enhance their profitability and navigate the markets with increased confidence and clarity

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Writer ✤ Alex Nekritin (Author), Walter Peters (Author)

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