The book entitled NAKED FOREX: High-Probability Techniques for Trading Without Indicators (Wiley Trading) comes in hardcover with Alex Nekritin and Walter Peters Ph.D. as the the authors. A highly effective approach in trading streamlined without indicators. Nowadays, books established about forex were so technical but unlike this one, naked trading is the simplest method you find about trading. We don’t need technical indicators but it is simply trading.
The difference between the two traders one who use technical indicators and those naked traders relies deeply on its focus. If technical traders focus on indicators, naked traders focus on price chart. But Naked traders were superb even in its simplicity because it can make a trader can attain expertise quickly. It will teach you to find simpler ways but effective decisions using a price chart. As per experience of Walter Peters which methods used are almost without the use of indicators. With its coauthor Alexander Nekritin which is by the way the CEO and President of the one of the largest Forex trading in the world, TradersChoiceFX.
At first glance we might conclude that there is nothing special about this book, since it seems that there is no something new under the sun and no new techniques shown. But because of the simplicity of this technique, over all, with Naked Forex, traders will learn to do away with complexity and in with the simplest way.