Naked Forex: High-Probability Techniques for Trading Without Indicators Hardcover – Illustrated, March 6, 2012

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.

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!

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.

This book provided me with a strategy that I trust and isn't unneceassarily complex.

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.

Well, when we want to write a review we must go into the details and mention the technical points of the book and its pros and cons specifically:I have read some of the reviews. Some argued that the stuffs in the book is easy to find all over the internet, like kangaroo tails are hammers and shooting stars, big shadows are classic engulfing patterns and so on. That's right; but as a trader who just found his way into decent profiting after struggling for 5 years I must say that one mistake many make is they tend to brag about their system: fancy indicators on the charts, ellliot waves theory and so on.. But at the end of the day the goal is just to make money and what I found during these years is that the best way to make money is sticking to price action, support and resistance and trading higher time frames (H4 at least). Even the experienced traders can learn one or two good insights from the book that although they seem nothing special they are very helpful in filtering the bad trades for them, and also psychology part is very straightforward and practical. In summery here are the positive and negative points of the book in my view:Positive Points:1. This book is straight to the point and practical and very easy and fun to read.2. The focus on candlesticks and price action (most of the refined classic setups mentioned there are great) for a novice trader instead for indicators is priceless.3. The psychology part is also very direct and practical specially the pressure the author put on back testing (He even says back test my ideas first).4. Author insisted that trading higher time frames are easier and more profitable to trade an that's 100 percent true.Negative Points:1. I don't agree with last kiss setup and wammies and moolahs (I think they are not as strong as the other setups because the focus is more on the zones instead of candlesticks in these two setups).2. Author must mentioned the use of multiple time frame analysis in the setups for completing his ideas.3. He must mentioned the importance of some news like NFP that may destroy technical setup in a part.I think everyone must read this book but for novice traders it would be a great shortcut to profitable trading.