[Rambo35]

How many of you trade naked? First of all, if you are really naked for the sake for everyone around you get dressed. Secondly, most of you know what I refer to and to those who do not: naked trading refers to trading without any indicators, just the chart free of clutter and noise.

I have not tried it, although I do not use many indicators and my charts are almost naked. I did come across a few traders, in real life as well as online, who swear by trading naked and claim it has truly improved their trading.

What are your experiences with naked trading? Did it improve your trading and how?

[DitterPD]

I've tried it a few times and got lucky, but in general I don't feel safe without support of charts, signals and analysis. It's better to use tools which you have at hand, rather than go to "wild life" style of trading.

Regarding traders whose trading improved by naked style: How long did they try it? How long did they trade before that?

[UMOFX IB]

Some traders not use any indicators for trading they do naked trading with their own analysis . They see market movement watch charts deeply to find trend. I also feel indicators and different analysis make us dependent we nor develop our own ability to analyze market . They some times not show right move.

[ACE]

I really don't think there's anything to naked trading, and a few of the more seasoned guys on this forum made me see it that way a long time ago.

Basically, even BIG traders use daily, weekly, monthly, yearly pivot levels, they look at 4 hour and daily charts and trade off of fibonacci levels on those higher time frames. So let's say you are "trading naked" and have nothing on your chart. Out of no where you'll see this HUGE sell off or HUGE RALLY, and be scratching your head "gee why is this pair moving, it must be magic?"

No dopey, it's moving because a major level got hit and you had no warning because you didn't have it on your chart.

I think the old saying "I'd rather have it and not need it, than need it and not have it" applies well here.

[Mike]

You probably heard something along those lines coming from me. Honestly, there are many ways to skin a cat and I think, generally speaking, naked trading involves none of those fancy and elaborate indicators, even the classic ones. But I can't see how anyone would neglect to at least be conscious of a weekly, monthly or yearly pivot point in the area of current price levels; to do so while you are in an active trade could spell disaster or at the very least wipe out all your profits in a trade that had been going your way.

Remember once you are in the green always set your stop loss to break even. It's much better to lose nothing if your take profit level isn't hit than watch a trade go into the red and lose pips after you had some positive pips there.

[DickP]

You probably heard something along those lines coming from me. Honestly, there are many ways to skin a cat and I think, generally speaking, naked trading involves none of those fancy and elaborate indicators, even the classic ones. But I can't see how anyone would neglect to at least be conscious of a weekly, monthly or yearly pivot point in the area of current price levels; to do so while you are in an active trade could spell disaster or at the very least wipe out all your profits in a trade that had been going your way.

Remember once you are in the green always set your stop loss to break even. It's much better to lose nothing if your take profit level isn't hit than watch a trade go into the red and lose pips after you had some positive pips there.

Oh I thought this meant trading without any clothes on...

[skynet]

I don't wear underwear if that counts for anything

[mo4forex]

Trading without Indicators is the best way to trade!



Learn the ins and outs of NAKED TRADING with PRICE ACTION in 10 minutes or less every day, for the rest of your life!





Just by going back through old system and looking at old charts, this will teach you to come up with a much better system of trading with Forex and making money consistently. If you are someone who wins a few and loses a few more, especially when you try to “second-guess” the system, or if you are constantly giving Forex “one last try,” you really need to give a price action only system a try instead. Wouldn't it be wonderful to learn just what is hiding in plain sight on each and every chart you use?


This is the truth of how to make money in Forex, you may end up hating this because everything you've been taught was a lie, but if you ignore this system you will continue struggling. This system will even work for those who have been in the market for years but still cannot make consistent profits. Apparently, one of the keys is to not place even one indicator on your charts because it stops you from seeing what is really happening on the market. What you will do is put together a series of strategies that ends up being an continuous Pip Earning which made him consistent profits.


Start watching these online videos now and stop losing in Forex Trading!!!