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C**N
This is a must have book that all traders should read to simplify success and reach profitability
I can’t express the amount of rich information and simplistic but profound steps mentioned within 260 pages. It has been a total paradigm shift for market analysis. Simple and efficient is the key to success. Highly recommend this read to anyone either looking to get into trading or anyone who is struggling in the process to finding consistent profits.
J**F
Amazing
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
A**R
A Must-Read for Traders Who Want to Master Price Action!
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!
S**N
Naked Forex: High-Probability Techniques for Trading Without Indicators (Wiley Trading)
The amount of information about trading freely available online these days can be overwhelming. I have read quite a few books on Candlesticks, Western indicators such as Bollinger bands, RSI, CCI, Stochastic et. al. I was introduced to fxjake by a UK Forex trader - Richard Hill. I came across "Naked Forex" from [...]. I purchased the Kindle version of this book from Amazon and have thus far read it twice and will re-read it again until I become proficient in some of the powerful trading systems discussed in the book - I'm curreently focusing on the "Kangaroo tail" and "Big Shadow" trade set ups. Folks, over reliance on Western indicators (laggard indicators as we all know them) to predict trends or identify high probability trades are sheer waste of time. I have ditch out all indicators, and now look at actual market price actions. Naked Forex continues to teach me the best way to improve my trading - identify high probability trade set ups, back test and forward test the "heck" out of my ideas using Forex Tester. I highly recommend this book to all newbies (like myself), and I strongly believe experienced traders will also learn from the book.
E**Y
It helped a lot in my trading
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.
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