Traders must learn from their mistakes to be successful

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A streamlined and highly effective approach to trading without indicatorsMost forex traders rely on technical analysis books written for stock, futures,

and option traders. However, long before computers and calculators, traders were trading naked. Naked trading is the simplest (and oldest) trading method. It's simply trading without technical indicators, and that is exactly what this book is about.

Traders who use standard technical indicators focus on the indicators. Traders using naked trading techniques focus on the price chart. Naked trading is a simple and superior way to trade and is suited to those traders

This item:Naked Forex: High-Probability Techniques for Trading Without Indicators by Alex Nekritin Hardcover $53.34

Forex Price Action Scalping: an in-depth look into the field of professional scalping by Bob Volman Paperback $38.66

Understanding Price Action: practical analysis of the 5-minute time frame by Bob Volman Paperback $35.91

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Most forex traders lose because they persist in believing three myths of successful trading. Myth 1: successful trading must be indicator-based. Myth 2: successful

trading must be complex. Myth 3: successful trading is dependent on the trading system. Well, it's time to get over these misconceptions and start winning, say authors Alexander Nekritin and Walter Peters in Naked Forex.

Long before computers and calculators, trading was handled without complex technical analysis and indicators. Trading was old school—based on using only price

charts—and it was simple, profitable, and easy to implement. In Naked Forex, Nekritin and Peters show you how to successfully trade this way.

This lively, three-part book lays out the authors' techniques in detail. The first part walks you through the fundamentals of forex trading and establishes the ruling

transitions, and such intriguing trade setups as Wammies, Moolahs, and the Last Kiss. In the last part of the book, you'll learn to understand your own trading