Naked Forex: High-Probability Techniques for Trading Without Indicators

This is hands down one of the best trading books I have ever read! The simplicity of the concepts leads to a deep comprehension of price action trading. The book is packed with practical examples and strategies that are easy to adapt, making it a great resource for traders at all levels.What sets this book apart is the inclusion of video links that reinforce the lessons, bridging the gap between theory and application. Additionally, the psychological aspect of trading is covered brilliantly, helping traders develop the mindset necessary for long-term success.I highly recommend this book to anyone who is tired of cluttered charts filled with indicators and wants to focus purely on price action. The only drawback for me is my deep love for the volume indicator, which will take me some time to remove from my trading setup. However, the book’s insights are invaluable and worth every penny!If you’re looking for a fresh, effective, and indicator-free approach to trading, this book is the perfect choice!

Let's face it... if you are reading forex trading books, then you are looking for something better. That is why I read this book. I wanted something better than I had, and boy have I had it all: mentors, indicators, systems, courses, seminars, dvd's - anything you can imagine I have bought. And to be honest, I knew that it was probably overkill in the back of my mind. I knew that covering up price with all of my indicators was, let us say, a bit crazy, when we traders are all trading price in the end. The market goes up, the market goes down, and we have to decide whether to buy, sell or stay away.My inkling was proved true with this book. Sure, there are other trading books out there about trading price, but very few of them simplify things like this book. And let me be clear here: that is a good thing, I am glad to see that simple works. I tested these systems as the authors suggested and I really am glad that I did. It proved to me that Naked Trading works, and that is really all I do now. Whenever I go back to RSI or MACD now, it is only temporary, like looking at a photo of an old girlfriend. Sure it is nice to remember the past, but I am very happy with where I am now. I make money now and it is mostly due to this book. Not to take a shot at other books like the Al Brooks books, but they make it complex. This book gave me several strategies to trade successfully. I use the ladder exit with Kangaroos and Belts, and that has been making me money. I have paid for this book 20 times over by the profits I have made trading those two systems alone. I don't know if this book will help you, but it sure did help me. I am a Naked Forex trader now, and I couldn't be happier.

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

I bought this book to gain a better understanding of price action, but I've gained a whole lot more, and a lot of the material in this book invaluable.I knew that backtesting was important, but this book helped me truly to understand why it's absolutely essential for trading. I started just skimming this section, but I soon realized just how important it was.Ditto for the section on support and resistance. I mean, everyone already knows about that. But the tips in the book were very insightful and I couldn't imagine trading now without them.The book has also (as I was hoping) improved my understanding of price action. The explanation of 'engulfing candles' ('the two candlestick formation') is the best I've seen and I'm using the checklist to backtest with very impressive results so far. I'm looking forward to backtestng and demo trading the other strategies in the book.There is also a video that accompanies the course, which is accessed online. I haven't watched it yet as I wanted to do some backtesting first.I'm grateful to the authors for making this material available.

Bough it a couple of years ago and right away it made sense. Along with my charts I used it to study the markets and I can honestly say it’s changed the way I take trades and it definitely has increased my profits. I tend to look for setups like these and they help me so much. It give you an understanding of what to look for and why.