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fofo992
08-24-2010, 05:03 AM
Hi all,

I'm searching for Naked Trading strategy .. but I cannot found one here ... All I found is trading strategy using indicator ...

But a lot off fulltime trader didn't use indicators :)

So Please any master of naked trading strategy ... please share here ...

Thanks ..

eskimo
11-02-2010, 04:09 AM
For your information, "naked trading" or "trading naked" means trading without the use of any indicator from the terminal. There is no naked indicator. A "naked chart" is a chart without any indicator on it, it's naked. Many says they trade naked, that is without the use of any indicator. I wonder what they used, some other technique or principle aside from technical indicators.
*

notaniceman
11-02-2010, 08:17 AM
Naked trading means trading without any indications of price movements - that means just watch the price, use no indicators or guides. i have heard of naked short sales in stocks where it mean to sell stock that one does not own or do not have in hand. its a risky sale. so naked trading must be meaning risky with high risk. In short it is trading blindly. the trader takes huge risk without knowing the current trend of the market.

teejes
11-02-2010, 03:41 PM
My assumption, meaning naked trading is trading without the help of indicator and just use the feeling / instinct Buy Sell , if feeling / instinct could profit was okay, but i think many trader fail because naked trading.

standart
11-02-2010, 05:13 PM
Naked trading?? maybe that you mean is naked chart trader. These types of traders trading without using indicators. but that does not mean no indicator at all. they have an excellent knowledge of chart reading. for example is the candlestick, every form of candle on the chart actually have information. and based on information from this candle shape they make decision. Another example is entry when the price in support or resistance area. this trading style not need indicator.

indieover
11-03-2010, 01:06 AM
I think its better to trade with the use of indicators not impress if you are already expert in trading and has I trading for many years already. but for those who have not been long in trading, using indicators would be very much helpful. i think as a beginner i don't think i would be comfortable or confident to trade with out using indicators.

andry777
11-03-2010, 06:15 PM
@fofo
I didn't know about naked trading technique. I knew that some of traders prefer to use naked trading as their strategy than using indicators. I don't know very much about naked trading because I don't like to use that strategy too, I prefer to use indicators. If you needed some informations about naked trading, I think you could find it through google. You can search it and I am sure there are many sources there. But it's better to look from forums site.

keira
11-04-2010, 08:37 AM
@andry777
So naked trading is a kind of technique in forex trading too. If it wasn't use any indicators at all, so is it tools that usually used by traders before there are indicators became popular among traders? As I knew, forex will always develop, so is it naked trading old strategy that is used by several traders that didn't like to use indicators?

ktiagawa
11-04-2010, 09:09 PM
@keira
As I knew, Naked Trading is technique of trading which used candlesticks as their primary tool. So you needed to learn how to use candlestick if you wanted to use naked trading. I read that some traders who prefer to use Naked Trading, they didn't learn about indicators and news at all. They used only their own style to make decision, their consideration will determine by their own investigation and their own calculation.

karkuun
11-28-2010, 04:10 PM
using naked chart-for me and for now-it works..
but first, we must understand all indicator in and out
so, we could make and entry without using a single indicator
those indicator are inside our mind
it means we're not need it anymore

Boniez
11-28-2010, 11:24 PM
but for me naked trading is too high risk and sometimes i confused with they to entery the market without any single indicators or related others. i guess most of trader use that causes they given up of used indicators which may not give any progress nor profit .and a several expert trader probably use these strategy causes they already memorize the technical analysis

dmambi
11-29-2010, 01:44 AM
well till now i am doing naked trading only, means i am not using any indicators to enter or exit the market. it does not mean that i dont want to make use of them, but i dont know much about them. there is lot of confusion as to which one has to be used, and how perfectly it can help me to predict the price movement. so still i am in search of a indicator which help me to make profit.

SilverKnight
11-29-2010, 04:22 AM
As much as i know,without any indicator trading system will be News release trading system.Different News releases weekly.Just keep eye on it.News release like US NON FIRM PAYROLL gives 100 to 200 pip movement within some minutes.If you catch the wave you will earn with it.No indicators needed.
If you search net you will find many strategy on news release trading.
Open 2 trade with 20 Pip BUY STOP AND SELL STOP in 30M chart 10 minutes before the News release.If one trade satisfies with the price after news release close other one and take more than 50 pip profit.

pinoycity
11-29-2010, 05:28 PM
First of all, thanks for starting this thread. I learned another thing or term about forex trading. As a beginner, I don't think I would try trading naked, using just my gut feel to invest in some currencies. But I think, some beginners will trade in this way, especially those who are not so fond of reading and analyzing trends and news.

hongshui
11-30-2010, 12:00 AM
That means to you tarding with all you money,that have great risk,you must have good luck and experience,the important is your 2prediction must ture.If If any aspect of a problem,you will lost all your money.The naked trading always appear in newbies,that is have lots of reasons!

nehmer
11-30-2010, 12:22 AM
That means to you tarding with all you money,that have great risk,you must have good luck and experience,the important is your 2prediction must ture.If If any aspect of a problem,you will lost all your money.The naked trading always appear in newbies,that is have lots of reasons!

Its true that relying on own judgement is a loosing strategy. Using tools to help you aid with the trade would really help each trader at least giving him an insight what would be the price movement for the next 24 hrs basing on what he saw on 24hrs.. indicators also help out in trade with this u will see a greater view of things. When relying only on self its like flying a plane without indicators or like a blind man without guiding you the way..

jockey
11-30-2010, 12:45 AM
I believe the term "Naked Trading" applies to trading using only the Price action. Trading without the use of MA's or any other lagging indicator. Just an opinion.....!

I, personally, trade using "candles" for price movement and support/resistance lines for any entry/exit trades. The only other indicators that I use are ADX and RSI for overbought/oversold positions indicating where the "PRICE" is and not for any entry/exit trading decisions. This is about as close as I get to Trading Naked!

Happy trading to all.

keira
12-01-2010, 06:57 PM
I believe the term "Naked Trading" applies to trading using only the Price action. Trading without the use of MA's or any other lagging indicator. Just an opinion.....!

I, personally, trade using "candles" for price movement and support/resistance lines for any entry/exit trades. The only other indicators that I use are ADX and RSI for overbought/oversold positions indicating where the "PRICE" is and not for any entry/exit trading decisions. This is about as close as I get to Trading Naked!

Happy trading to all.

Yes, as I knew Naked Trading is method to make decision with using candlestick and trendline but we didn't use any indicators at all. Naked Trading is technique that used only analysis from charts, candlesticks and trendline. I don't too much understand about another tools because I don't use this technique :D

crazym88
12-01-2010, 07:43 PM
Hi all,

I'm searching for Naked Trading strategy .. but I cannot found one here ... All I found is trading strategy using indicator ...

But a lot off fulltime trader didn't use indicators :)

So Please any master of naked trading strategy ... please share here ...

Thanks ..

i think naked trading is very risky because we dont have any information or indicator about the market how we can know market movement and perfect price for sell or buy we need at least any small information to help us to make our decisions how can you invest your money without information about business you will invest in? for example can you drive your car if you are blind i think you will lose your life

venus
12-02-2010, 09:50 AM
i think naked trading is very risky because we dont have any information or indicator about the market how we can know market movement and perfect price for sell or buy we need at least any small information to help us to make our decisions how can you invest your money without information about business you will invest in? for example can you drive your car if you are blind i think you will lose your life

I think you must search informations first about Naked Trading pal, because Naked Trading is not risky. As I knew, Naked trading is almost similiar like technical analysis, it just didn't use indicators to predict what will happen. But they still used analysis to determine decision. You should read what keira has told, they used some tools too.

andry777
12-02-2010, 01:01 PM
I think you must search informations first about Naked Trading pal, because Naked Trading is not risky. As I knew, Naked trading is almost similiar like technical analysis, it just didn't use indicators to predict what will happen. But they still used analysis to determine decision. You should read what keira has told, they used some tools too.

Yes, Naked Trading is not risky for people who has learnt about it but it will be risky to people who didn't know how to trade using that method :D I ever heard that for some traders, Naked Trading can be more effective to be used than we used indicators to know the movement that would happen in the future. If that was right, so Naked Trading is important to be learnt

andry777
12-02-2010, 01:05 PM
I think you must search informations first about Naked Trading pal, because Naked Trading is not risky. As I knew, Naked trading is almost similiar like technical analysis, it just didn't use indicators to predict what will happen. But they still used analysis to determine decision. You should read what keira has told, they used some tools too.

Yes, Naked Trading is not risky for people who has learnt about it but it will be risky to people who didn't know how to trade using that method :D I ever heard that for some traders, Naked Trading can be more effective to be used than we used indicators to know the movement that would happen in the future. If that was right, so Naked Trading is important to be learnt (double posts please delete)

Jonsazz
12-14-2010, 07:14 PM
In Naked Forex Trading strategy we must strip off the trading indicators as it would be our clothes. :D I know that many people who trades naked, never cames back. You need to eliminate all the filters which are used in other strategies. There are only you and the Forex market. Many traders says that they need indicators in Forex trading, so they say that this strategy is rubbish, but I don't think so. ;)

dmambi
12-15-2010, 12:59 AM
In the beginning of my forex trading career i used to do the naked trading , but now i am not. Now i learnt use few indicators to take the decision to enter or exit the market. but still i am not following the indicator signal 100%, i take the signal from the indicator and depending my feeling i take decisions. But naked trading can be done and it needs lot of experience in the pair which we are trading. To do the naked trading one must concentrate in a single currency pair and master its movements by closely monitoring.

chuna1985
12-29-2010, 08:13 PM
The term naked trading means trading without indicators. It has to do with revealing the truth of the indicators that they really want to convey about Forex trends and precise market situations. It is an unpopular kind of trade. I'm not an expert or advocate in it nor have i ever tried it, but i know that most times in naked trading, stop loss is not used. A handful of forex trader that use it combines hedging strategy to run it.

meamir90
12-30-2010, 04:32 AM
For your information, "naked trading" or "trading naked" means trading without the use of any indicator from the terminal. There is no naked indicator. A "naked chart" is a chart without any indicator on it, it's naked. Many says they trade naked, that is without the use of any indicator. I wonder what they used, some other technique or principle aside from technical indicators.
*

I haven't heard about this naked trading before.But,if you really go with naked trading,as not using any indicators,charts and trend,then how is it possible to analyse the market.?is it possible?For,me its impossible to go trading without the use of indicators.May be the tricks and tips they use could be the use of fundamental analysis of the market.The news factors.Except the technical or fundamental analysis,i haven't heard about the third market analysis method.If there is,then please anyone just elaborate it.

ify79
12-30-2010, 11:56 AM
if what i read about the meaning of naked trading that it is a system of trading forex without the use of technical indicators and fundamental news analysis is true,then in my opinion i would refer to these system as gambling,i stand to be corrected because if i neglect these technical indicators and fundamental analysis,then upon which foundation would i be placing my trades,that amount to blind trading or guess work,i do not think i can stand such or apply such strategy ,this trade system is too risky to try

dmambi
01-04-2011, 01:43 PM
if what i read about the meaning of naked trading that it is a system of trading forex without the use of technical indicators and fundamental news analysis is true,then in my opinion i would refer to these system as gambling,i stand to be corrected because if i neglect these technical indicators and fundamental analysis,then upon which foundation would i be placing my trades,that amount to blind trading or guess work,i do not think i can stand such or apply such strategy ,this trade system is too risky to try
you are right my friend, without any kind of indicators and fundamental analysis it is almost impossible to do the forex trading. but still some people are able to do that and people call it as naked trading. i think even if they call naked trading , they too do the analysis before placing an order, but only the difference is they do it in their mind based on their previous experience of the particular currency pair. Only they are not using any indicators on their chart does not mean that they do the trading blindly , i think even gamblers to make their decision based on some assumptions by their previous experience.

okonkwo
01-04-2011, 10:56 PM
Please sir! Stop looking for any strategy for this trading method. Do not try this strategy for any reason. I'm still to understand the reason why someone developed such a strategy. I learnt about this naked trading recently. It involves trading with nothing. No analysis, no indicator, no robots. For me, It is the most confusing thing about forex. I don't believe in such strategy and even if it does exist, then it will be a very unreliable to consult. I advice all newbies to avoid this strategy because i don't see why anyone who knows how risky forex is will end up opening trades without any forex profiting tools. I believe we all know better than this.

nehmer
01-05-2011, 07:32 AM
Naked strategy as what i have understawnd it is a technique used by trader without using any indicators. It is directly traded upon price action. Also sometimes traders can use news found in the net that could also chance the price. There are traders also that used Expert Advisor that automatically read price action,. I have not tested its accurateness of this method. Thats why i still prefer using indicators to guide me at least what to buy or sell using strong alert signals. Doing this strategy requires a lot of fundamental analysis without understanding the news properly it would be useless to use this one.

chuna1985
01-05-2011, 10:23 AM
Naked trading lives on the principles that one can successfully trade forex by using only price action, no indicators or what so ever. It should be practised if you learn it properly and you should be prepared for the risk involved. This trading strategy has its own advantages. The major advantage of trading naked is that you will be opportuned to see the market. You will have to remove all the indicators and it's chart. After getting rid of these indicators, you have automatically gotten rid of the middleman. Instead of your indicators telling you when to buy or sell,
you are the one that is in charge of the whole game plan. After all, its your money that you are trading with so no one should tell you what to buy bob what not to buy.
Applying naked trading is a matter choice, don't try it if you have insufficient skills for it.

Tyjones
01-05-2011, 11:33 AM
I guess it depends on how long you have been trading. If you are unfamiliar with the phrase, you may have a chuckie. You may be wondering "how in the world would taking off my clothes help my trading"? It really has nothing to do with your clothes. What you are taking off are your indicators. Depending on how long yo have been trading with indicators, this may sound like a "terrifying idea," especially if you have not history of trading without using "indicators." In short, Totally pure naked trading style "NO Candlestick and NO indicators."

asbin
01-10-2011, 04:42 PM
well firstly i would like to ask you about what actually is naked trading???? may be you are talking about trading without the help of any technical method. so i don't think you would be able trade without this things. without it you won't be able to know about the market trend so it really very difficult in trading without it. well i didn't had any idea about what you wanted to ask about but by seeing the things you have mention aboves seems that you are curios to trade without indicators. so in my view it is impossible to trade in forex without it.

avirox
03-21-2011, 07:23 PM
see if you want to get rid of indicators and analysis and hard work it is recommended that you better do not trade because if you want to make money from something you at least have to give some effort and dedication to that particular subject as far as naked trading goes you can do it by drawing trend lines on a chart and many people who are experts in candlestick do trading just by following the formation of the candles in the chart but they still use indicators for reference so you have to do that much work and study the indicators even if you do naked trading you will refer to them to confirm the move..so that there is 90% assurance that you can make money.

Boniez
04-17-2011, 01:31 AM
Naked trading lives on the principles that one can successfully trade forex by using only price action, no indicators or what so ever. It should be practised if you learn it properly and you should be prepared for the risk involved. This trading strategy has its own advantages. The major advantage of trading naked is that you will be opportuned to see the market. You will have to remove all the indicators and it's chart. After getting rid of these indicators, you have automatically gotten rid of the middleman. Instead of your indicators telling you when to buy or sell,
you are the one that is in charge of the whole game plan. After all, its your money that you are trading with so no one should tell you what to buy bob what not to buy.
Applying naked trading is a matter choice, don't try it if you have insufficient skills for it.

All traders even beginners can perform naked trading, because this strategy is basically the same as using the indicators staregy.
I'm really interested in using naked trading and there is one naked trading style that became my backup at the right time. One of naked trading that i used and the most simple is "pinbar strategy".

http://i52.tinypic.com/sv6ic2.png

Simple and profitable right?

dmambi
04-17-2011, 07:44 AM
Now a days i too is getting attracted to naked trading. since most of the indicators i used are lagging and give late signals. so i think it is better to do the price action trading without any type of indicators. i heard people are getting profit with this strategy.Actually in the beginning i started trading without any indicators but later switched to trade with indicators. Now i am finding that earliar my syastem was better.

Boniez
04-19-2011, 01:07 PM
Now a days i too is getting attracted to naked trading. since most of the indicators i used are lagging and give late signals. so i think it is better to do the price action trading without any type of indicators. i heard people are getting profit with this strategy.Actually in the beginning i started trading without any indicators but later switched to trade with indicators. Now i am finding that earliar my syastem was better.
your right dmambi, actually naked trading more effective than using the indicator, because we only use candle patterns as benchmarks. actually all the same either use indicators or not, it all depends on our matches style.
and one that is somewhat annoying for naked style is when waitting for certain moment, feels a bit boring an so long for sure, but it does not matter if resulted maximum profit

fast.three
04-20-2011, 02:39 PM
Now a days i too is getting attracted to naked trading. since most of the indicators i used are lagging and give late signals. so i think it is better to do the price action trading without any type of indicators. i heard people are getting profit with this strategy.Actually in the beginning i started trading without any indicators but later switched to trade with indicators. Now i am finding that earliar my syastem was better.This is a fantastic strategy, dmambi. The naked trading is almost powerful than using the much custom indicators. Much of beginner using many custom indicators, then they lost the market direction. They got late signals and lagging in their custom indicators. Now, I still learn the naked trading without custom indicators. I only use the candlesticks chart with many timeframe. I can enter the trade when the candle make a formation, a bull candle or bear candle. And then level stop and exit is top or bottom of candlestick. I'm not place the fix stop loss, but I cut loss on market. For take profit, usually use the fix TP suitable with top or bottom of candle.

chinedu234
04-25-2011, 01:11 PM
Naked trading trading without indicator as many of the above contributors said,the trade is purely on chart formation ,special candlestick and use of resistant and support levels.It has advantage of not being deceived by indicators fails signal which we see in most of indicators.But have disadvantage of missing some of accurate reversal signals which few indicators indicate.

fast.three
05-13-2011, 12:23 AM
Naked trading trading without indicator as many of the above contributors said,the trade is purely on chart formation ,special candlestick and use of resistant and support levels.It has advantage of not being deceived by indicators fails signal which we see in most of indicators.But have disadvantage of missing some of accurate reversal signals which few indicators indicate.

Yeah, that's the advantage of naked trading with candlesticks charts. No custom indicator that is installed or used, so the chart will be clear. Decision-making is also more good, in contrast with many custom indicator mounted on the chart that makes us confused. In naked trading, relying on candles color alone is enough to make transactions. Simple and fast in the various market conditions. Therefore, I recommend naked trading for the beginner to be more focused on trading. If you're busy looking for a custom indicator, then you fail to thrive.

Boniez
05-16-2011, 03:08 PM
Yeah, that's the advantage of naked trading with candlesticks charts. No custom indicator that is installed or used, so the chart will be clear. Decision-making is also more good, in contrast with many custom indicator mounted on the chart that makes us confused. In naked trading, relying on candles color alone is enough to make transactions. Simple and fast in the various market conditions. Therefore, I recommend naked trading for the beginner to be more focused on trading. If you're busy looking for a custom indicator, then you fail to thrive.
but to determine this open order candle, we need the ability to read the characteristics of these candles, so that later we can understand where the right place to open position. we also could use trading tools such trendline , usually under on determining the range up and down in a trend arrow. Mostly all technicalyst use that kind of naked trading,,,

fast.three
05-23-2011, 10:38 AM
but to determine this open order candle, we need the ability to read the characteristics of these candles, so that later we can understand where the right place to open position. we also could use trading tools such trendline , usually under on determining the range up and down in a trend arrow. Mostly all technicalyst use that kind of naked trading,,,
The trendline isn't include the custom indicator, so we can use it to maximize read a candle charts. My mind the custom indicators is download from forum, own create or other. It usually have the much colours, hehe. But, if we an expert, then we didn't use the exact trendline (draw in our chart) is ok. We can see the candle in minimize size (mark -+ in icon bar to change it), so we can know the overall trend. Indeed, to make simple we can draw it, not problem.

forexguru
05-23-2011, 06:21 PM
Yeah, that's the advantage of naked trading with candlesticks charts. No custom indicator that is installed or used, so the chart will be clear. Decision-making is also more good, in contrast with many custom indicator mounted on the chart that makes us confused. In naked trading, relying on candles color alone is enough to make transactions. Simple and fast in the various market conditions. Therefore, I recommend naked trading for the beginner to be more focused on trading. If you're busy looking for a custom indicator, then you fail to thrive.

Yes, naked trading is a way of trading without indicators and very few traders trade without indicators. It require a lot of experience to trade successfully without any indicator. The traders make decisions mostly on the basis of price action, support and Resistance levels. An experienced trader may have benefit from naked trading but i will not suggest it for newbies because it require a lot of experience and concentration. A newbie can't be able to understand the behavior of price action well and can be confused to determine the support and resistance levels.

fast.three
05-24-2011, 04:20 AM
Yes, naked trading is a way of trading without indicators and very few traders trade without indicators. It require a lot of experience to trade successfully without any indicator. The traders make decisions mostly on the basis of price action, support and Resistance levels. An experienced trader may have benefit from naked trading but i will not suggest it for newbies because it require a lot of experience and concentration. A newbie can't be able to understand the behavior of price action well and can be confused to determine the support and resistance levels.

For the beginner it must reproduce the time to observe the market. I suggest to focus on one major pairs, for example GBPUSD. The beginner should make observations on the price of a minimum period of 1 month and make a map of price movement, as well as observing the movement of candlestick. Here, may not use any indicator, only the candlestick chart. May be assisted by the trend line to facilitate observation. After 1 month of observation, they have to look at price movements. If not, then the observation time must add up to truly understand the Support Resistance levels, saturation point, etc. This is the most effective step to deepen naked trading for profitable business.

dmambi
05-27-2011, 01:02 PM
I agree with you. Trading naked means trading without help of indicators and charts. There are no such trading strategy like naked trading other than this. I think trading without the indicators and charts will be very difficult. The indicators help us to know about the market trends, it shows the perfect time to enter the market. So it will really be difficult to manage the trade without them.
I think you are slightly misunderstanding the meaning of Naked trading. Naked trading means trading without any indicators on your charts, not without "charts", without charts you hardly come to know the price movement in the given time frame. In such situation you cannot take any decision, so a trader who uses a naked chart (i.e without any type of indicators) is known as a naked trader and the strategy is called naked trading. But in this trading strategy traders use resistance and support lines coupled with other analysis based on price action.

fast.three
05-28-2011, 07:14 AM
I think you are slightly misunderstanding the meaning of Naked trading. Naked trading means trading without any indicators on your charts, not without "charts", without charts you hardly come to know the price movement in the given time frame. In such situation you cannot take any decision, so a trader who uses a naked chart (i.e without any type of indicators) is known as a naked trader and the strategy is called naked trading. But in this trading strategy traders use resistance and support lines coupled with other analysis based on price action.

If we trade without chart, then we can't entry the order. I think, as you said, Dmambi, Suchu is misunderstanding for this. So, we should correct his knowledge. The naked trading is avoid the indicators in the chart. Trader usually use the candlestick chart to follow the naked trading. They can make the imagine indicator in their mind, or make the trendline in their chart. But, overall only with candlestick chart, we can make good transactions. This is need long experiencing, trial and error, and follow the world fundamental.

damianus
07-01-2011, 05:02 AM
Yes you are right.As far as i know naked trader use a candlestick chart.Candlestick is one of old fashion forex stuff that still use till present.At least they know very well about candlestick pattern.Such as morubozu,doji,spinning tops,hammer,hangin man etc.While for support and resistant they use nearest highest/lowest candles.Or may make horizontal line by manual base on highest/lowest candle.Yes it is true it is need more experience to become a naked trader.

precap2
07-01-2011, 10:09 AM
Yes you are right.As far as i know naked trader use a candlestick chart.Candlestick is one of old fashion forex stuff that still use till present.At least they know very well about candlestick pattern.Such as morubozu,doji,spinning tops,hammer,hangin man etc.While for support and resistant they use nearest highest/lowest candles.Or may make horizontal line by manual base on highest/lowest candle.Yes it is true it is need more experience to become a naked trader.

I took time reading a good part of this and then decided to make a little contribution. Trading is about making money and not about setting rules. Naked trading is good and I trade "almost" naked :), but I must also state that completely naked trading might not keep a trader out of harms' way. First, we must note that naked trading presumes you have good knowledge of candlesticks (or bar charts, or whatever you use), it also presumes that you understand Support and resistance and other necessities of PPZ. But professionally speaking, naked trading does not completely rule out throwing in one or two moving averages that might serve as great dynamic support and resistance areas, it only abhors clustering your charts with too much MAs and useless oscillators. I have seen some charts with 4 oscillators, then I wonder how the trader is able to interpret all those mixtures and still enter when there is still profit left to be picked.

Throwing in a 100 MA and a 3X3 and watching candle formations around them would not do any harm :)
My 2 cents. Good luck to all and green pips

My first post ended in double post and I don't know how to remove one of it, Moderator could help with it. Thanks - Done

rabai
07-12-2011, 12:59 PM
Naked trading is trading without any indicator on your chart. You only use the chart style you're comfortable with whether it be the line or bar or candlestick chart. To be able to effectively trade with naked chart you have to have a good knowledge of support and resistance as well as thorough knowledge of candle formations and candle patterns.

fast.three
07-12-2011, 04:24 PM
Naked trading is trading without any indicator on your chart. You only use the chart style you're comfortable with whether it be the line or bar or candlestick chart. To be able to effectively trade with naked chart you have to have a good knowledge of support and resistance as well as thorough knowledge of candle formations and candle patterns.

I have tips that can be more effective trading naked, apart from deepening of the candlestick and pattern. Tips are:

1. Focus on one pair, I suggest or GBPUSD or EURUSD;
2. Trading in European or London market;
3. Hourly time frame;
4. When the U.S. entered the session, then all positions have been closed;
5. Should not panic and haste in dealing with trading;
6. Always pray before trading.

These six tips that I hope can help you to better naked trading and profits consistently.

ansops
09-07-2011, 05:28 PM
Yes ,the bitter truth is that indicators which are meant to function in similar ways for example two trend indicators in technical analysis end up giving contrary signal many times.Trying to use another technical indicator possibly an oscillator to sieve out false signals,you end up sieving out good trades.Equally when you are waiting for some of these indicators to give signals,they only give signals after a very good percentage of the available pips have gone.If you decide to use your discretion to enter,it means you dont have hard and fast principles

Jazpa
09-10-2011, 04:28 AM
Hi all,

I'm searching for Naked Trading strategy .. but I cannot found one here ... All I found is trading strategy using indicator ...

But a lot off fulltime trader didn't use indicators :)

So Please any master of naked trading strategy ... please share here ...

Thanks ..

I think there is no any kind of naked trading strategies. The only way to trade nakedly is to look over the trends and just watching over the rise and fall of the trends, place new order of trade. While naked trading, we don't require to use any strategy, indicators or charts. The only way to take care of is place the order watching over the trends. And I think it is the not good approach towards the trade.

nehmer
09-10-2011, 09:37 AM
Naked trading just see the market as it is they just draw trendlines, support and resistance in their mind even the most complicated calculations they just put it in their mind. I do not know what is the problem of this people since I strongly object their idea that they are just predicting the market as it is presented and memorizing just the chart reversal patterns they see in the internet. I doubt this people won't use any news reading analysis or they just stick to their technical analysis.

ansops
09-10-2011, 02:38 PM
@nehmer i think you need to know different people have different understanding of what should be termed naked trading.For me naked trading mean indicator free trading. i will still observe the candlesticks and observe resistance and support,study chart formations and study different time frames.If i know how to write programs possibly i will write a computer program for my ideas and call it naked trading indicator but i am not going to give it out to the public for free.

sendsmsdad
09-18-2011, 07:29 PM
@nehmer i think you need to know different people have different understanding of what should be termed naked trading.For me naked trading mean indicator free trading. i will still observe the candlesticks and observe resistance and support,study chart formations and study different time frames.If i know how to write programs possibly i will write a computer program for my ideas and call it naked trading indicator but i am not going to give it out to the public for free.

Well the way you are explaining it, it might just not be called naked trading by other at all LOL..I think the "naked trading indicator" might just be a better way to put it...since its not full a naked one and you are taking into considerations particular factors before everything let loose. I have seen some people just tend to let into trading directly without looking at any chart formation or anything at all.. I know that is one very risky thing to follow and myself will never do it. Indicators are still an important part of trading.. but what I believe is that choice of indicators matters a lot. if we dont choose properly, all we are going to do is to serve our ownselves loss upon loss.

npes2009
10-24-2011, 12:23 PM
I think many people in this place have a different view on what naked trading is. But from the way it is put here, I can say that naked trading is been referred as a trade without protective indicators like Stop Loss. As forex traders, we know that stop loss is a very useful tool in forex trading under money/risk manageent, with the stop loss toll been applied in our trade, the level of losses we make will be on the minimal side. It is all about setting a particular target of money you can loss when the trade goes red. This is useful so that all of your money will not go dry in the trade. But when you go trading without stop loss, then it means you are ready to take what ever comes, whether good or whether bad. A serious trader will never trade naked because the trading capital are not picked from the air... They are sometimes difficult to get, that is why most of us are here on fxfred so that we may have some money to trade.

npes2009
01-19-2012, 08:41 AM
Yeah I agree with what rabi has said. Naked trading is trading forex without any indicator on your chart. This is a very dangerous way of trading forex in this our recent forex generetion. I think that candle stick pattern been talked about here is a very old fashioned way of trading forex. You see, nowadays forex is very vulnerable, and if you are not protected, you get the flu (loss).

budado
01-27-2012, 08:12 AM
Yeah I agree with what rabi has said. Naked trading is trading forex without any indicator on your chart. This is a very dangerous way of trading forex in this our recent forex generetion. I think that candle stick pattern been talked about here is a very old fashioned way of trading forex. You see, nowadays forex is very vulnerable, and if you are not protected, you get the flu (loss).
if you are trading naked trade without any indicators then your not trading naked trade at all. I think you don't get what is the naked trade strategy. Naked trading is trading without putting stop loss. The risk in here is when you get MC. But it does not mean you don't use indicators. I also do naked trading and I use five indicators. So try to study and learn first what is naked trading strategy. The main reason why we use naked trading is when our indicators states or if theirs a forecast that its going to be a dip or a rally soon. So to survive volatility of the market you put naked trade and even if its going the other way you don't put SL simply because you believe that its only temporary and its going to bounces back soon.

Jailurox
01-28-2012, 07:00 AM
Trading Forex without using indicators is known as naked trading. According to my opinion we cannot achieve success in Forex without indicators. Indicators are very important to find the market trend and signals when to buy/sell. So, i think there is no proper strategy of naked trading. We can make profit without using indicators for some while but it's not long lasting. The person who doesn't know to use indicators and they trade Forex without using indicators and it's may loose our trading.

Jackbro
01-28-2012, 04:58 PM
According to my opinion naked trading is trading Forex without any help of indicators. There is no one who trade Forex without indicators. Indicators are very much helpful tool, which help traders to pretend the market analysis and get right signal. When i was newbie in Forex i used to trade Forex without using indicators. I was able to make profit for some day but it was not long lasting. So, if you want to get success in Forex then get informed about all the indicators and enjoy trading Forex.

motiurbd
01-29-2012, 04:03 PM
I just no one strategy... Use fibonacci for identifying support and resistance.. then add trend line or channel for trend direction... then you can imply elliot wave or harmonic pattern for future trade direction... And the last one is candlestick pattern to identify current trade situation... thats all.. If you can adapt all of these then I dont think you will ever need anything else in your forex trading life.. and most of all your trading performance will improve like rocket.. :)

budado
02-07-2012, 06:36 AM
I just no one strategy... Use fibonacci for identifying support and resistance.. then add trend line or channel for trend direction... then you can imply elliot wave or harmonic pattern for future trade direction... And the last one is candlestick pattern to identify current trade situation... thats all.. If you can adapt all of these then I dont think you will ever need anything else in your forex trading life.. and most of all your trading performance will improve like rocket.. :)
May I know what time frame is best for your suggestion? I assume that this strategy is good for naked trading right? Its good strategy and I will try to adopt this also. I only have some few questions. Best time frame and also in candlestick pattern what kind of pattern are you waiting to have a hit before you conclude that its reach its support or its resistance level and its can reverse. In my understanding what your waiting in here is reversal right? Also how will you identify that its a reversal and not a breakthrough.

fredz
02-10-2012, 11:19 PM
its very hard to use nake trading method, really really hard
you'll lose all you'r money very quickly if you don't have very much experience
but you can try to lear about candle stick pattern, that's good idea to try to learn about nake trading
nomally almost traders're using high time frame (like : D1, W1 or even monthly chart) in nake trading
however nake trading can be use by scalper, lol

shahzad0able
02-11-2012, 03:42 PM
its very hard to use nake trading method, really really hard
you'll lose all you'r money very quickly if you don't have very much experience
but you can try to lear about candle stick pattern, that's good idea to try to learn about nake trading
nomally almost traders're using high time frame (like : D1, W1 or even monthly chart) in nake trading
however nake trading can be use by scalper, lol

Its not that difficult as much you had made it. You are nearly freaking people away from naked trading. Its one of the best form of trading out there in the market. Only draw support and resistance values and then trade when you see a price action signal near or on a support or resistance level. Its that simple. But practice is required as in any other strategy that you want to follow and off course the money management and the rest of the rules are same that had to kept an eye on as in other trading strategies.

radex78
02-12-2012, 11:45 AM
Its not that difficult as much you had made it. You are nearly freaking people away from naked trading. Its one of the best form of trading out there in the market. Only draw support and resistance values and then trade when you see a price action signal near or on a support or resistance level. Its that simple. But practice is required as in any other strategy that you want to follow and off course the money management and the rest of the rules are same that had to kept an eye on as in other trading strategies.


In my view naked trading is very simple strategies, although not using indicator in the shart , but not mean if naked haven't rule to determine entry and exit point , some trader using horisontal line to determine support and resistent , some again using fibonacci retracement to help naked chart , its included in list object and not indicator , but still useful to help trader naked make decision, in my opinion whatever strategy implemented , money management is one key to survive account.

adnan10076
02-13-2012, 01:35 PM
Naked traders would argue that mechanical indicators are primarily just mathematical derivatives of price, and that nothing can tell the real story like price alone can. While most forex traders use indicators at least to some extent and these ubiquitous chart elements will always have their significant place in technical analysis, naked trading provides the perspective that price movement can be traded effectively without having to cover it with the spaghetti of often unnecessary chart clutter.

ansops
02-14-2012, 09:37 AM
I just no one strategy... Use fibonacci for identifying support and resistance.. then add trend line or channel for trend direction... then you can imply elliot wave or harmonic pattern for future trade direction... And the last one is candlestick pattern to identify current trade situation... thats all.. If you can adapt all of these then I dont think you will ever need anything else in your forex trading life.. and most of all your trading performance will improve like rocket.. :)

Different people have different ways they use fibonacci.Some have even developed an entire and sometimes complex system based on fibonacci. So also expert differ in the way trend line should be drawn.But one thing that seems clear to me is that whatever strategy you decide to do use,market has a more dominant trend at a particular time of the year in which you are sure that no matter the loss,if you don't close the trade,the trade will soon or later go to the profit side.

ashwini
02-15-2012, 10:14 AM
i am also finding what this stratagy called naked trading. but not get proper answer .. i think in this stratagy they are not use any indicator. they just follow the chart .. and follow the trend. and also they may be trade for long term ..i think.. they may be creat the support line and resistance in chart them self.. and trade on that particular place.. if this is the naked trading.. then may be i was already try this in early stage.

riddick09
02-20-2012, 01:01 AM
I did not use yet naked trading since i always use the indicators even those are simple indicators. And found out that it is more simpler to have the naked trading without using any indicators. I have no idea that naked trading will be always in good profit same to the one we have used in forex indicators. And also that there is no need to consult any signals as well as predict well the market trend. I guess naked trading is just the feeling that it is good already to open a position and then the feeling that it is good to close those positions.

ngepet dolar euro
02-20-2012, 01:53 PM
its very hard to use nake trading method, really really hard
you'll lose all you'r money very quickly if you don't have very much experience
but you can try to lear about candle stick pattern, that's good idea to try to learn about nake trading
nomally almost traders're using high time frame (like : D1, W1 or even monthly chart) in nake trading
however nake trading can be use by scalper, lol
Although naked trading are will provide us better result if we use higher time frame but we can make this strategy as a scalping strategy, the key are follow the trend, we can do a scalp but must open position by following major trend in bigger time frame. By following the trend if we make an unproper open position we will not lose our money to much because this floating minus can be a profit if we have enough margin to hold this position.

motiurbd
02-22-2012, 12:09 AM
Although naked trading are will provide us better result if we use higher time frame but we can make this strategy as a scalping strategy, the key are follow the trend, we can do a scalp but must open position by following major trend in bigger time frame. By following the trend if we make an unproper open position we will not lose our money to much because this floating minus can be a profit if we have enough margin to hold this position.

You can use it naked trading in scalping also.. But it is true that they works best in long term trading.. But if you are good in trendlining, candlestick patterns, price action and moving averages.. then sure you can use naked trading in scalping also.. Dont forget that naked trading is the core of forex trading.. and when you trade with the basics you dont need to fear anything..

ngepet dolar euro
02-22-2012, 06:24 AM
@motiurbrd : May be some day I can use this naked trading strategy for scalp. You're right the main problem i do not believe scalp are profitable using this strategy. I do not have enough confident to entry market with high size lot and small pips take profit. Thats because i see with my own eyes a lot of my fellow trader that use scalping strategy with high risk money management can generate very big profit in a month ( almost 100% ). But in the next month he got margin call, then open a new account and get margin call again and again.

motiurbd
02-24-2012, 12:53 AM
@motiurbrd : May be some day I can use this naked trading strategy for scalp. You're right the main problem i do not believe scalp are profitable using this strategy. I do not have enough confident to entry market with high size lot and small pips take profit. Thats because i see with my own eyes a lot of my fellow trader that use scalping strategy with high risk money management can generate very big profit in a month ( almost 100% ). But in the next month he got margin call, then open a new account and get margin call again and again.

This happens because some people thinks forex as a rich quick scheme.. and they saw scalping as the fastest way to do that.. But remember that scalping is in the last section of forex trading.. Its like a T20 match in cricket, Intraday trading is an oneday match and longterm trading is a test match.. You need to learn cricket from starting with test match then oneday and only after that T20... I think you got that by now :p

budado
02-26-2012, 01:54 AM
@motiurbrd : May be some day I can use this naked trading strategy for scalp. You're right the main problem i do not believe scalp are profitable using this strategy. I do not have enough confident to entry market with high size lot and small pips take profit. Thats because i see with my own eyes a lot of my fellow trader that use scalping strategy with high risk money management can generate very big profit in a month ( almost 100% ). But in the next month he got margin call, then open a new account and get margin call again and again.
naked trade for scalping? I really don't get the logic why you will combine this two. Its the combination that will result to disaster. Here is some pointers. One scalping is a strategy that has limited earning power. why limited? Its because getting 10 pips more or less you are happy. that's what scalping is all about. Also scalping is fast trading. Meaning fast in fast out.
Now in contrary. Naked trade is a strategy that don't put SL. now If you loss lets say 100 pips. then how many time do you need to earn in scalping just to breakeven in a single naked trade loss? Also how can you close your losing position if you do naked trade?

flybiz08
02-26-2012, 06:44 AM
Hi all,

I'm searching for Naked Trading strategy .. but I cannot found one here ... All I found is trading strategy using indicator ...

But a lot off fulltime trader didn't use indicators :)

So Please any master of naked trading strategy ... please share here ...

Thanks ..


You may search a lifetime for that strategy because as the name implies, that is what it is. To the best of my knowledge, 'Naked Trading' is a term coined for traders who trade based on gross market sentiment regardless of what indicators say, the idea being to eliminate technical bias to the barest minimum. To do this, a trader must have a very sound fundamental analysis, good chart pattern recognition skills and a low leverage. Adequate demo trading with this type of strategy will be needed before venturing into live accounts.

adnan10076
02-26-2012, 09:06 AM
Its not that difficult as much you had made it. You are nearly freaking people away from naked trading. Its one of the best form of trading out there in the market. Only draw support and resistance values and then trade when you see a price action signal near or on a support or resistance level. Its that simple. But practice is required as in any other strategy that you want to follow and off course the money management and the rest of the rules are same that had to kept an eye on as in other trading strategies.

Naked trading is the simplest trading method. Itís simply trading without technical indicators. Naked trading is a simple and superior way to trade and is suited to those traders looking to quickly achieve expertise with a trading method. It offers a simpler way for traders to make effective decisions using the price chart.

ngepet dolar euro
02-27-2012, 12:00 PM
naked trade for scalping? I really don't get the logic why you will combine this two. Its the combination that will result to disaster. Here is some pointers. One scalping is a strategy that has limited earning power. why limited? Its because getting 10 pips more or less you are happy. that's what scalping is all about. Also scalping is fast trading. Meaning fast in fast out.
Now in contrary. Naked trade is a strategy that don't put SL. now If you loss lets say 100 pips. then how many time do you need to earn in scalping just to breakeven in a single naked trade loss? Also how can you close your losing position if you do naked trade?
Is naked trading are trading without stop loss or trading without indicator sir? I does not use indicator to detemine my open position just candlestick, support resistant and trendline (both of them are manually drawn) in D1 timeframe + fiundamental analysis, it is naked or not because I use support resistant to set my SL..D1 + trendline are to detect market trend..Its just my newbie theory, if we do scalp but folowing this market trend maybe this will profitable.But is just theory and I prefer to trade longtem..
Today are internet day gathering market data to small time frame are really easy not like old day when to make a deal trader should use phone etc, nowadays making a deal are quite fast just by clicking your mouse and now you already make a deal.
Naked trading using candle stick are invented about 1800 that time scalp strategy are imposible thing to do.LOL..But today i do not know if this naked strategy are can be adapted to scalp or not? Regard

ashvini
02-28-2012, 09:28 AM
Well in naked trading usually traders do not use any indicators for reference or simply do not consider any other tools for analyzing the market price action. Am not a master in Naked trading, but this is what the general understanding regarding the naked trading.
Most of the traders performing naked trading will base their trades only on the price action alone. For this one has to be highly experienced regarding the forex market.

pkdoo7
02-28-2012, 06:43 PM
naked trading is same to scalping where traders don't use stop loss order and trade frequently some news traders also trade in this style but their is some risk also where candlestick patterns change suddenly and naked traders lost their so many pips , candles have so many patterns and their formation provides good stuff for short time traders but naked traders fail if candles turns into opposite direction quickly and if white candle suddenly turns into black then imagine how much you can lose in 15 minutes , hammer,shooting star , dozzy and other candles just reflect instant situation and how could you sustain your trade if suddenly news release and buyers /sellers change their decisions and price patterns turns into different directions .catching price actions are really hard working job but candle stick trade is most reliable with low risk but wants instant decisions .

najam514
02-28-2012, 06:58 PM
Hi all,

I'm searching for Naked Trading strategy .. but I cannot found one here ... All I found is trading strategy using indicator ...

But a lot off fulltime trader didn't use indicators :)

So Please any master of naked trading strategy ... please share here ...

Thanks ..
Naked trading is a trading style in which the traders do not use any indicators and they trade only by following trend. But I personally do not like this style of trading because it is just like gambling and those traders who do not want to work hard by understanding different indicators and charts and they want ease only depending upon their luck. But in forex trading only luck will never make you a successful trader. May be you will earn some profit but ultimately you will have to lose all your money.

dhanz_we
02-29-2012, 11:11 PM
naked trade for scalping? I really don't get the logic why you will combine this two. Its the combination that will result to disaster. Here is some pointers. One scalping is a strategy that has limited earning power. why limited? Its because getting 10 pips more or less you are happy. that's what scalping is all about. Also scalping is fast trading. Meaning fast in fast out.
Now in contrary. Naked trade is a strategy that don't put SL. now If you loss lets say 100 pips. then how many time do you need to earn in scalping just to breakeven in a single naked trade loss? Also how can you close your losing position if you do naked trade?

i think it still possible to use the naked trading strategy for scalping the market. although it is naked but as i know we still should put the stop loss and it is really important to put stop loss whatever happen. because naked trading is a lead indicator/system so we can open position as it tells us with a high lot size and we can cut the profit if we think it has enough or if we afraid holding an open transaction which has a high lot size. actually it works but has a high risk i think.

userbwppk
03-01-2012, 07:04 PM
My best guess significance unprotected trading is trading not including the be of assistance of pointer and immediately use the emotion natural feeling pay money for put on the market, stipulation sensitivity gut feeling possibly will income be satisfactory other than I imagine a lot of merchant not make the grade for the reason that unprotected trading.

shahzad0able
03-04-2012, 04:17 PM
A chart without any indicators on it is called a naked chart and traders that do trading without using any indicators use naked trading technique. It is purely based on price action signals and these traders do not get any kind of info from any kind of indicators. They only support and resistance levels and trend lines and then only trade when they get any signal from price action near those lines.

sajibarafatsiddiqui
03-16-2012, 09:34 PM
Naked trading is not good for beginners.The experienced people can have better idea about the market trend related to any currency pair and can trade without using indicator. Those trader can predict the market trend using candlestick chart and price action and trend line. They don't use stoploss in trading.
Some naked trader also give importance on fundamental analysis

budado
03-21-2012, 12:48 AM
i think it still possible to use the naked trading strategy for scalping the market. although it is naked but as i know we still should put the stop loss and it is really important to put stop loss whatever happen. because naked trading is a lead indicator/system so we can open position as it tells us with a high lot size and we can cut the profit if we think it has enough or if we afraid holding an open transaction which has a high lot size. actually it works but has a high risk i think.
If we put stop loss then how can you call it naked trade? because the main purpose of naked trade is not to put stop loss.
Also scalping is a strategy so is naked trade. So how can you use naked trade in scalping? You can only shift from doing scalping to naked trade but you can't do naked trade in scalping strategy. Its just not compatible. Just try to check what needed to do if you do scalping and check what is needed if you do naked trade and see what is in common in this two strategy and you can't find one.
The time frame is different. The trending is different. the pips target is different. So Its really not going to work. Unless you shift from scalping to naked trade if the trend shift from side way to a rally or dip.

ashwini
03-21-2012, 06:30 AM
"naked trading " -- trading without cloth.. joking..

u used only the chart nothing else.. no indicators.. no trend line.. nothing..

only follow the news and price action.. this style is called " naked trading "

maximum time , they trade with pending order.. and may be there are two or more types of " naked trading"

fast.three
03-21-2012, 07:42 AM
"naked trading " -- trading without cloth.. joking..

u used only the chart nothing else.. no indicators.. no trend line.. nothing..

only follow the news and price action.. this style is called " naked trading "

maximum time , they trade with pending order.. and may be there are two or more types of " naked trading"

In essence the trader does not use indicators and only use candlestick chart. Then they also use a time frame as needed. Naked is the way a simple trading in forex. All traders can learn these skills in order to gain the maximum profit. Then need to evaluate each term in order to better the future.

medhat4forex
03-21-2012, 01:07 PM
Naked trading is not good for beginners.The experienced people can have better idea about the market trend related to any currency pair and can trade without using indicator. Those trader can predict the market trend using candlestick chart and price action and trend line. They don't use stoploss in trading.
Some naked trader also give importance on fundamental analysis
And I also see it's not good for beginners in Forex and you should have a rolling beginner in forex simple method that the learn forex well and be able to find out the right direction, which is in a lot of profits in the Forex with ease so as not to depend on a complex strategy from the beginning and the result is in the end, which caused severe loss of capital, whether near or through the dependence of consciousness for instant access to deals without good planning her

shahzad0able
03-21-2012, 02:29 PM
In naked trading charts are kept clean from indicators and trading is done only on the basis of signal generated by candle stick using price action strategy. It’s a very powerful strategy to trade on.
All the indicators show second hand data that they calculate at the close of the candle whereas in naked trading, you are always a step ahead from those traders that are trading with indicators.

budado
03-28-2012, 12:47 AM
In naked trading charts are kept clean from indicators and trading is done only on the basis of signal generated by candle stick using price action strategy. It’s a very powerful strategy to trade on.
All the indicators show second hand data that they calculate at the close of the candle whereas in naked trading, you are always a step ahead from those traders that are trading with indicators.
If that is the case then why is naked trade not advisable by many? In fact naked trade is listed as aggressive trading strategy that risk is just too high. Although if you make a good trade the profit is high also. But in forex trading our aim is to minimize loses. That's our aim. Its better to earn few profits than to earn big profits but on the next day loss twice that amount since the risk is always greater no matter how you put it in forex trading.
Also naked trading has nothing to do with using candle stick or using price action strategy. As you can see naked trading is a strategy by itself its not dependent to price action strategy because naked trade can stand alone just like price action strategy.

ashwini
03-28-2012, 05:59 AM
naked trading..is where u dont use any indicator..
only trade with the help of chart..

in chart its shows everything. like
price action..
pattern are indicates.. the market condition.. when market is going to upward / downward
candles are shown the resistance and support centre and this are very accurate.

and also news must follows in naked tradeing.style.

shahzad0able
04-07-2012, 01:02 PM
Naked trading is trading without that use of any indicator. You can trade only using candlestick chart when you become familiar with the price action signal that are generated from the candles itself. For that you need to have a sound knowledge of different candle patterns that are consistently keep on appearing in a candlestick chart.

It does not matter what time frame you use, as long as you are trading all the price action signal along with the trend. The biggest advantage of trading naked is that you can pick a move very early as compared to following any indicator.

budado
04-07-2012, 11:06 PM
Naked trading is trading without that use of any indicator. You can trade only using candlestick chart when you become familiar with the price action signal that are generated from the candles itself. For that you need to have a sound knowledge of different candle patterns that are consistently keep on appearing in a candlestick chart.

It does not matter what time frame you use, as long as you are trading all the price action signal along with the trend. The biggest advantage of trading naked is that you can pick a move very early as compared to following any indicator.
Naked trade is only good if theirs a breakout, a rally or a dip. That's why you don't need much because of the long trend or anticipation.
But anyway candlestick chart is still indicator. Any thing that can give us a data that we can interpret if its good to buy or good to sell is an indicator.
I don't know how other do trade naked trade but for me the best way to trade naked trade is when theirs already a clear sign of a breakout or a rally or a dip. Because this is what you are waiting for. To take ride in the big wave. that's why its important that you know how to read trending, patterns and news and anticipated that.
The great risk of naked trade is that your SL is loose. The reason for this is that since when theirs a breakout a rally or a dip its usually have a volatile start and you don't want to end up having SL before the game really begins.

kasual
04-17-2012, 10:02 AM
Candlestick pattern is the best way to help us make decision to entry and exit if we use naked trading style. naked trading style that mean, our chart is clear from every form of indicator and only rely on our eyes to capture where the market will change direction. as I mention before that our guidance to help us trading with this method is candlestick pattern. its not kind of indicator that appear in chart but purely based on how much we able to memorize all of candlestick pattern. by the way, memorize all of candlestick pattern is not easy thing and actually only some of them that usually appear in chart. so, we not necessaty to memorize all of candlestick pattern and formation. we only need to know which is candlestick pattern that usually appear in chart.

Essentials
05-05-2012, 11:52 AM
trading without using any indicator i.e. naked trading is the most sought after by traders who want to trade using the simplest of trading technique. it would be very cool if i can trade without using any kind of indicator :) upon trying to find out the ways to trade with no indicator i get confused. why do i get confused? because there is really many ways to trade naked.

some naked trading technique uses only trend line (the breakouts of up trend line or down trend line), some naked trading require only the knowledge of harmonic patterns or plain candlestick patterns or western chart patterns while other naked trading strategy requires the use of fibonacci or pivot point. so from this i know that there is really that many strategy in naked trading as in trading using indicator (although not as that much in number).

for me if i want to do it, i probably would go through the candlestick or western pattern route because they are probably the easiest to notice but i'm really green on this so i expect experienced traders to light the way...

featurelion
05-12-2012, 05:06 PM
Naked trading is the trading in which no indicator is involved. This is doing by the help of candlesticks patterns. Candlestick based strategies is considered the most powerful strategies. There are many candlestick patterns but i only uses pinbar and outside bar,because it gives me good profit on every trade and i feel confident in doing trade with that candles.My stop loss and take profit also depends on the size of the candles and i am using it on every time frames

fast.three
05-13-2012, 01:39 PM
Naked trading is the trading in which no indicator is involved. This is doing by the help of candlesticks patterns. Candlestick based strategies is considered the most powerful strategies. There are many candlestick patterns but i only uses pinbar and outside bar,because it gives me good profit on every trade and i feel confident in doing trade with that candles.My stop loss and take profit also depends on the size of the candles and i am using it on every time frames

I also use only the candlestick chart trading. So this is called a naked trading. I just noticed the movement of the candlestick and make transactions there. Candlestick chart is quite simple and easy to read.

However, for beginner traders it will be difficult because unfamiliar. You can continue to learn the naked trading and focus on one pair, like GBP / USD. With focus, you will be better at mastering trading strategy.

budado
05-14-2012, 03:45 AM
I also use only the candlestick chart trading. So this is called a naked trading. I just noticed the movement of the candlestick and make transactions there. Candlestick chart is quite simple and easy to read.

However, for beginner traders it will be difficult because unfamiliar. You can continue to learn the naked trading and focus on one pair, like GBP / USD. With focus, you will be better at mastering trading strategy.
I advice that what ever strategy you use. You must learn candlestick reading. Its really the most basic in forex trading.
I notice the importance of candle stick reading when I open forex brokers as most of this brokers site free ebooks always have candle stick recognition pattern that we can check and memorize.
I'm happy that so far its give me some advantage as I can relate some patterns and sometime get a good hit.
Is it coincidence? I don't know but its works for me.
Now about naked trading.
I also want to suggest eur/usd. Tha daily pips volatility is 124 pips and that means its good to do naked trade. Just check the history. if open a sell position two weeks ago at 1.3175 and hold it until now. Just see how much you earn already.

radex78
05-21-2012, 02:07 PM
Some trader using naked trading strategi because they have reason,if indicatopr only take previous data to predict price ahead,and indicator can't moving price,usually indi just follow the price,and naked trader only using candlestick pattern with combine price action,they using candlsestick as their indicator to determine their entry point and exit point.

Some trader give judgement if naked trading is gambling way,but no for naked trader,they have experience using candlesick pattern to determine the trend,but they sometime using fibonacci retracement or another list object

ankptl
05-22-2012, 01:11 PM
Naked trading means trading without use of indicators in our chart. Some traders are use candlestick as a tool in their naked trading. Traders who used naked trading are always believe on them self, they never try to get market news. They only use the news which they gets by searching, So you can understand that it is totally different method.

I think new trader should not try this method because it is very strange process. A beginner can not understand this style of trading without practice.

bangcool
05-22-2012, 01:26 PM
naked trading love to trade using minimum indicator. Some naked trader even only use chart pattern to start making open position. Need some practice until we feel comfortable trading using naked candle. This is not something easy to do. We must know better market movement and many chart pattern before we can be profitable trader using this kind of strategy. Some pattern that must be remember is doji, morning start, engulfing, etc related with candle pattern and candle power (for power we can see from the body and shadow candle).

justicechidex
05-30-2012, 11:25 AM
a naked trading a the name implies is trading the forex market without the use of any plan or indicators. And this kind of naked trading can be really dangerous because it increases your chances of a major loss. These indiators serve as a guideline or a yardstick for we trading to know what is happening the the markt and the trend most atimes. So trading naked is not an advice i would give to anybody who is out to make money in forex, because we need these indicators as a help in trading

budado
05-30-2012, 11:53 PM
a naked trading a the name implies is trading the forex market without the use of any plan or indicators. And this kind of naked trading can be really dangerous because it increases your chances of a major loss. These indiators serve as a guideline or a yardstick for we trading to know what is happening the the markt and the trend most atimes. So trading naked is not an advice i would give to anybody who is out to make money in forex, because we need these indicators as a help in trading
Just one question. Do you know how to trade using naked strategy? Because if you don't then how can you advice others not to use naked strategy?
Do you think their is no reason why in this strategy we don't use indicators? Do you even know when to open a position using naked strategy?
You can't advice other people not to use a strategy that you yourself does not even know how to use.
I do use naked strategy and so far its serve me well. Understand, learn and use naked strategy first before you make some negative comment about certain strategies. Naked strategies is not a dangerous strategy if you know how to use that strategy in the first place.

chuna1985
06-02-2012, 12:25 PM
naked trading love to trade using minimum indicator. Some naked trader even only use chart pattern to start making open position. Need some practice until we feel comfortable trading using naked candle. This is not something easy to do. We must know better market movement and many chart pattern before we can be profitable trader using this kind of strategy. Some pattern that must be remember is doji, morning start, engulfing, etc related with candle pattern and candle power (for power we can see from the body and shadow candle).

Of course all the forex naked traders actually make use of charts and trend lines. It is not like naked trading is guessing, to a very great extent the naked traders use some tools in the mt4 terminal and they include
1) Trend Lines.
2) Fibonacci.
3) Charts.
4) Time frames.

budado
06-03-2012, 01:45 AM
Of course all the forex naked traders actually make use of charts and trend lines. It is not like naked trading is guessing, to a very great extent the naked traders use some tools in the mt4 terminal and they include
1) Trend Lines.
2) Fibonacci.
3) Charts.
4) Time frames.
That's why its called naked trade because you don't use indicators. If you are wearing a bra, a brief or any underwear or shorts or sleeveless can you consider yourself naked? Of course not. As you you wear something its not consider naked.
In forex strategy its the same. the reason why its called naked trade simply because you don't use usual indicators.
But of course their is also a systematic approach in how to trade naked trade but it does not mean that you use those things above that you mentioned.
For example I use naked trade in euro/usd pair. Last week of April I open a sell position and I keep on holding it until last friday when I sell it.
Why? Did I use any indicators that make me decide to hold it? No.
The only reason why I keep on holding it because the price keep on falling. Now that its has increase 100 pips last friday. I close my sell position. Period. No indicators use.

chuna1985
06-04-2012, 06:48 AM
a naked trading a the name implies is trading the forex market without the use of any plan or indicators. And this kind of naked trading can be really dangerous because it increases your chances of a major loss. These indiators serve as a guideline or a yardstick for we trading to know what is happening the the markt and the trend most atimes. So trading naked is not an advice i would give to anybody who is out to make money in forex, because we need these indicators as a help in trading

The naked forex trading strategy does not mean trading without a plan, it means trading without indicators. It involves the use of tools like charts, candlesticks and trend lines to make trading decisions. Do not be little this strategy because of the fact that it is an established and valid forex strategy that makes profits for the traders that use it.

budado
06-23-2012, 02:50 AM
Of course all the forex naked traders actually make use of charts and trend lines. It is not like naked trading is guessing, to a very great extent the naked traders use some tools in the mt4 terminal and they include
1) Trend Lines.
2) Fibonacci.
3) Charts.
4) Time frames.
I agree. Naked trade is not guessing theirs a method or right approach in naked trade but it does not mean you going to use trend lines and fibonacci. Its defeat the purpose of naked trading.
Its like going to a nude beach to swim. Nude beach means you don't need to wear anything not even swimming trunk or bikini's. You need to go naked. That's the same in naked trading. You can't call it naked trading if you are using indicators its defeat the purpose of naked trade.
But of course theirs an approach.
The main concept of naked trade is riding the daily trend. For example. If the price of eur/usd is going down for a week then you hold your sell position until its reverse and close that sell position. You don't need to predict anything. You are just their waiting. If the trend goes bullish then close your sell position and open buy position. And the key to good naked trade is always timing.

indieover
07-08-2012, 06:34 PM
I agree. Naked trade is not guessing theirs a method or right approach in naked trade but it does not mean you going to use trend lines and fibonacci. Its defeat the purpose of naked trading.
Its like going to a nude beach to swim. Nude beach means you don't need to wear anything not even swimming trunk or bikini's. You need to go naked. That's the same in naked trading. You can't call it naked trading if you are using indicators its defeat the purpose of naked trade.
But of course theirs an approach.
The main concept of naked trade is riding the daily trend. For example. If the price of eur/usd is going down for a week then you hold your sell position until its reverse and close that sell position. You don't need to predict anything. You are just their waiting. If the trend goes bullish then close your sell position and open buy position. And the key to good naked trade is always timing.

Naked trading is quite risky if you are not good at it yet because you don't use any indicator to predict the direction of the price. Although i think that it is good to use naked trading but you indeed have to wait to see if their is a consistent trend and that it would stay their quite a long time. As we know there are times that the trend will go either bullish or bearish. Sometimes it will continue to be on one direction for a week or so. Although there are times in between that the pattern would be broken but it will suddenly get back to the former direction again and continue to do for long period again.

I am also interested to try this naked trading. Only that , the direction of the price does not always stay on one direction only for longer period of time that often. And you need to wait for that to happen. Unlike when you use indicators, you don't have to wait for this before you make a trade. But i believe that this is really profitable especially if you have lots of experience already. I have seen a lot of traders also do this.

rexway
07-18-2012, 01:40 PM
Yes Naked trading is very risky and anything can hapan at anytime so the right thing for us the traders to do is to trade with our stoploss if you dont want to see what you will be sad for,
Even if we do follow the dailly trend its possible for us to get a huge loss when it comes to this face of business so all we need to know and do is just for us to set our stoploss to be on the safe side and all our target can be archive through this means as well but if you decided to trade the forex market nakade than be sure that you are well experience trader and your trading mentality is well tested with demo account as Nakede if you be able to comeout with succees then go ahead and do your nekede trading but if hook exit and set stoploss.

radex78
07-22-2012, 09:36 AM
a naked trading a the name implies is trading the forex market without the use of any plan or indicators. And this kind of naked trading can be really dangerous because it increases your chances of a major loss. These indiators serve as a guideline or a yardstick for we trading to know what is happening the the markt and the trend most atimes. So trading naked is not an advice i would give to anybody who is out to make money in forex, because we need these indicators as a help in trading


I don't think so if naked trading will increasing chances to losses ,and if you use indicator will more sucess compared naked trading,naked trading is learn about candlestick pattern,and required good inteligence to absorb information use candlestick pattern,one strategy that using naked trading strategy is demand and supply strategy.

I think all trader already knows if price moves because volume demander and supplier,and in one candlestick already giving information about buyer and seller which we can see in bearish candle it's mean seller more dominant mastered the market

budado
07-23-2012, 12:50 AM
Naked trading is quite risky if you are not good at it yet because you don't use any indicator to predict the direction of the price. Although i think that it is good to use naked trading but you indeed have to wait to see if their is a consistent trend and that it would stay their quite a long time. As we know there are times that the trend will go either bullish or bearish. Sometimes it will continue to be on one direction for a week or so. Although there are times in between that the pattern would be broken but it will suddenly get back to the former direction again and continue to do for long period again.

I am also interested to try this naked trading. Only that , the direction of the price does not always stay on one direction only for longer period of time that often. And you need to wait for that to happen. Unlike when you use indicators, you don't have to wait for this before you make a trade. But i believe that this is really profitable especially if you have lots of experience already. I have seen a lot of traders also do this.
That's why you really must understand the essence of using naked trade. Naked trade is not day to day strategy. This is like swing strategy in which you just wait for a reversal before you use this strategy. And I think if you are not comfortable using naked strategy its good that you use swing strategy. Swing strategy is almost the same as naked strategy in term of entry point. The difference is the exit point. Because unlike in swing strategy that you use indicators to compute your exit point. In naked strategy you don't plan ahead you wait.

If your interested to try naked trade is better that you try to learn swing strategy first. So that you can have a feel on how to take advantage of reversals, rally or dip trends. Later on if you have enough strategy you can trade naked trade strategy. good luck.

hellsmurf
07-25-2012, 03:23 PM
That's why you really must understand the essence of using naked trade. Naked trade is not day to day strategy. This is like swing strategy in which you just wait for a reversal before you use this strategy. And I think if you are not comfortable using naked strategy its good that you use swing strategy. Swing strategy is almost the same as naked strategy in term of entry point. The difference is the exit point. Because unlike in swing strategy that you use indicators to compute your exit point. In naked strategy you don't plan ahead you wait.

If your interested to try naked trade is better that you try to learn swing strategy first. So that you can have a feel on how to take advantage of reversals, rally or dip trends. Later on if you have enough strategy you can trade naked trade strategy. good luck.

Well like the word says its just like trading without clothes(in this case we are refering to indicators lol). The only indicator will be the candlesticks charts and some spoecific timeframe that will give you a stronger or weaker buy or sell signals accordingly to the different sizes and colors of the candles.

The naked startegy is just similiar to swing trading but it is not really the same thing as there are many possible trading strategies to be used through a swing trading plan.

nehmer
08-13-2012, 11:51 PM
Its really hard to think if ever a trader is going to use naked trading I believe that they are just predicting in this strategy I cannot think of a way on how they are going to make sure that they will be profitable here by just looking at the candles. For a best analysis in forex is when you are going to apply mathematics in the movement and by relying sometimes in indicators which draw lines and at least guide you where to go and where you place your orders in the market. I believe we do need to study more on this analysis we cannot just waste our time and just seeing the candles for 30 min and just decide if ever it will be a buy or a sell it really depends on how good and how you make use of the tools that suita you in this forex business.

hellsmurf
08-14-2012, 02:23 PM
Its really hard to think if ever a trader is going to use naked trading I believe that they are just predicting in this strategy I cannot think of a way on how they are going to make sure that they will be profitable here by just looking at the candles. For a best analysis in forex is when you are going to apply mathematics in the movement and by relying sometimes in indicators which draw lines and at least guide you where to go and where you place your orders in the market. I believe we do need to study more on this analysis we cannot just waste our time and just seeing the candles for 30 min and just decide if ever it will be a buy or a sell it really depends on how good and how you make use of the tools that suita you in this forex business.

Well I do not agree with that. Its not just a simple market prediction without any serious interpretation about the buy or sell signals showed in the different types of candles sequences.

Its required to analyse well using the most suitable timeframes for your trading style and trader must recognize the clear signals that announce new changes in the market trends. Naked does not mean that requires no hard studying about candles and a previous training with this strategy. Its really not easy to perform well with naked trading and it requires lots of practice before getting good trading results.

rexway
08-21-2012, 01:37 PM
Its requierd constant practice and good training to get the best result out of this trading strategy there are also some traders who are very good with the candle stick reading and this set of people should be the one who are entitle to trade profitable using this strategy.
But I will also sugget that trendline and breakout strategy can be apply to burst more result about this trading strategy .
Trading without stoplose is risky so its not adviceable for the newbie to indulge in this kind of trade(naked).

budado
08-29-2012, 03:49 AM
Well like the word says its just like trading without clothes(in this case we are refering to indicators lol). The only indicator will be the candlesticks charts and some spoecific timeframe that will give you a stronger or weaker buy or sell signals accordingly to the different sizes and colors of the candles.

The naked startegy is just similiar to swing trading but it is not really the same thing as there are many possible trading strategies to be used through a swing trading plan.
I really don't understand your concept. Anyway swing trading is a strategy. So its singular. so how come you say theirs many possible trading strategies? in swing strategy? I really can't comprehend your mindset.
But anyway can you educate me what other strategies that is undee swing strategy? Because far as I know swing strategy is just a singular strategy. Just like saying your using naked trading strategy or scalping strategy etc. Its a strategy and theirs no other strategy that is under a strategy.

Right now in one of my account that I'm trading naked trade its down 13 dollars 10 hours ago from high of 18 dollars last week. Simply because of the eur/usd is reaching 1.2500. But now its back to 1.2555 and I have 14 dollars profit again. Since theirs no indicators in naked trade. I just let it be and if its going to reach 1.2700 I will going to close and have a good profit of 50 dollars plus.

nehmer
09-04-2012, 03:58 AM
Just one question. Do you know how to trade using naked strategy? Because if you don't then how can you advice others not to use naked strategy?
Do you think their is no reason why in this strategy we don't use indicators? Do you even know when to open a position using naked strategy?
You can't advice other people not to use a strategy that you yourself does not even know how to use.
I do use naked strategy and so far its serve me well. Understand, learn and use naked strategy first before you make some negative comment about certain strategies. Naked strategies is not a dangerous strategy if you know how to use that strategy in the first place.

Frankly I would not recommend this strategy also to newbies or other traders there is no basis how they are profitable maybe if you let me see your trading results with this trategy maybe I will believe what you say for now this is just one predicting methid made by other traders like you also is trading through charts enough? Well better ask yourself that question In sure you know that there are three analysis type in trading without the other two types of analysis is just bogus prediction or lets say you are only winning from luck alone. Don't get me wrong here im just saying my opinion. What do you get staring from the market and just drawing lines.

budado
09-04-2012, 10:04 AM
Frankly I would not recommend this strategy also to newbies or other traders there is no basis how they are profitable maybe if you let me see your trading results with this trategy maybe I will believe what you say for now this is just one predicting methid made by other traders like you also is trading through charts enough? Well better ask yourself that question In sure you know that there are three analysis type in trading without the other two types of analysis is just bogus prediction or lets say you are only winning from luck alone. Don't get me wrong here im just saying my opinion. What do you get staring from the market and just drawing lines.
I also don't recommend this for newbies. But I do recommend that we try to learn naked trade especially if you are long term traders and even newbies can also try to study naked trade.

Now its seems your idea of naked trade is also limited. To give you some example approach in naked trade and how to use this strategy but first you need to answer this questions before you can trade naked trade.
First question. Do you want to trade long term? Because naked trade is medium to long term strategy.
Second question. Do you have adequate capital? Because since we are using naked trade you are prone to get MC if your capital is not that good.
third question. Do you know a pair that is good for naked trade right now? Because not all the time you can trade naked trade. You need also timing.

Now here is the example of naked trade and I done this in eur/usd and you can check the chart if you want and also best way to know if that pair is good to do naked trade is to do sentimental analysis. See if the market is worried or worries. Read news.

Now lets go back to chart. open your mt4 if you have one open eur/usd and put time frame in 1D. Visit the May 1 date. At that time the price of eur/usd is 1.3283 and at the time theirs an announcement that euro is in trouble. Like Greece problem and Spain problem. Now at that time its does not matter what technical analysis result is. As theirs sentiments that Greece is in trouble and euro will going to give in to pressure and going bearish. If you open a position and let it float and have wait and see attitude ( but in my case I put 100 SL and no TP but happy to say that its get bearish). And the price goes down to 1.2040 last week of july if my memory is correct. And guess what is another clue to close your position? Again sentimental analysis. I just read a news that head of ECB say that its going to defend euro what ever the cost. Guess what? Spain is falling. Greece has riots and that's all bad news and yet euro rebound!. Why? Its because of sentiments that ECB will going to protect euro. Simple as that. No indicators needed. Just wait and see attitude.

nehmer
09-05-2012, 03:15 AM
First question. Do you want to trade long
term? Because naked trade is medium to
long term strategy.
Second question. Do you have adequate
capital? Because since we are using naked
trade you are prone to get MC if your
capital is not that good.
third question. Do you know a pair that is
good for naked trade right now? Because
not all the time you can trade naked trade.
You need also timing.


I have quite see what naked strategy is still it requires news analysis right? I though it only focuses on the chart patterns not using indicators. Well I just don't get is why it became a long term style of trading is it because its a wait and see style were you have to wait if the market is going to give a good nees movement or high impact and how many positions do you need to open orders to call it naked trading? Is 100 dollars enough here to start? I need to know if using an indicator like moving average is more effective in this strategy which is not going to need them just plain news and trendlines is use here just like what I read in some forums?

profitsbuzz
09-23-2012, 02:32 PM
I do not agree that naked trading is one of the best way to conduct a trade, in fact if you do not have a deep pocket it is one of the most dangerous way for any form of trading, especially for a new comer in forex trading. It is almost like gambling, as the market moves very fast you might not have time to react and by the time you have seen the market have gone against you, it is more definitely too late for you to react. If there is any advice I can give to any new comer, it is do not trade naked, always have protect and use a stop loss. The market might move too fast for you to be able to exit in time before you lose too much .

Nagilover
09-24-2012, 05:29 AM
Certainly Naked trading is not recommend for newbies who don't have enough knowledge about how to draw trendline and mathmetrics about graph because naked trading is very risk so much even me who trade by using naked trading still aware myself ever because It is super risk strategy but result is very good if you indicated right. I ever make highest pips in this strategy about 71-75 pips per 1 orders.But I get lose I amd maximum loss about 13 pips because just I loss over than 12 pips I stop loss already. naked trading must stay with good money management and good eye.

berich
10-06-2012, 10:48 AM
The best way of trading is naked trading. In fact most professional traders recommends naked trading strategy for trading.

The best naked trading strategy that I can recommend is the use of trendline breakout, the use of fibonacci indicator, the use of candlestick patterns for identifying trend.

Candlestick pattern has different interpretation so if we are able to interpret the patterns properly, we would be able to know what they indicator and what to do next.

radex78
10-07-2012, 01:17 PM
Naked trading system combine with price action i think for trader that already have long years experience in forex trading they can trade well just using candlestick pattern and combine with price action , but for some trader that maybe still in seeking perfect system trading they will changed many indicator and practice with trial and error for long time , but after they realized if no perfect indicator then they will start will new mindset if indicator can't moving price then back to nature using cadnlestick patern to trading as simple as possible

One strategy that already famous among trader is use 123 pattern , maybe this analysis adopted by elioth wave theory if market will repeatedly again and creating a wave

budado
10-08-2012, 03:21 AM
Naked trading system combine with price action i think for trader that already have long years experience in forex trading they can trade well just using candlestick pattern and combine with price action , but for some trader that maybe still in seeking perfect system trading they will changed many indicator and practice with trial and error for long time , but after they realized if no perfect indicator then they will start will new mindset if indicator can't moving price then back to nature using cadnlestick patern to trading as simple as possible

One strategy that already famous among trader is use 123 pattern , maybe this analysis adopted by elioth wave theory if market will repeatedly again and creating a wave
Naked trading strategy is less dependent to indicators. That's why its called naked trading strategy because you don't use indicators.
Anyway about 123 pattern. I also like this one. I studied 123 pattern and 1234 pattern and I can say its has potential. But since I do hedging and averaging I give up using this 123 pattern. But to others I assure you its good to study how to use 123 pattern and how to recognize that pattern. And this is good especially if you are doing swing strategy. As this is one of the pattern that I use when I'm studying swing strategy. But I guess and I'm sure you can use it in other strategies also.

Naked strategy so far is one of the strategy that I use that earn me biggest earning. When I open sell position last week of april. If my memory is right I open sell at 1.3200 and I close it 1.2200 last week of july. So just imagine how much pips I make. But that's the only time I trade using naked strategy before I shift to hedging and averaging.

ambreen
10-08-2012, 01:56 PM
Moat of Forex traders are trading on just basis of technical analyses books, written stokes and option trade. Before the all new technologies like computers and other trading instruments all the traders were trade in which form that form is called naked trading. I think this type of trading is so simple. we cannot use any calculates and indicators in this type of trading. Yes it is some time Ricky. If you are a newbie then don't try to it it may be harm full for you.
Traders who are using standard type of trading which are using now a days focus on indicators but on the other hand traders who use naked trading focus on price chart.
Well i think naked trading is a simple method and through it we can get experience quickly and earn more then the other method.

nehmer
10-09-2012, 10:30 AM
Naked trading strategy is less dependent to indicators. That's why its called naked trading strategy because you don't use indicators.
Anyway about 123 pattern. I also like this one. I studied 123 pattern and 1234 pattern and I can say its has potential. But since I do hedging and averaging I give up using this 123 pattern. But to others I assure you its good to study how to use 123 pattern and how to recognize that pattern. And this is good especially if you are doing swing strategy. As this is one of the pattern that I use when I'm studying swing strategy. But I guess and I'm sure you can use it in other strategies also.

Naked strategy so far is one of the strategy that I use that earn me biggest earning. When I open sell position last week of april. If my memory is right I open sell at 1.3200 and I close it 1.2200 last week of july. So just imagine how much pips I make. But that's the only time I trade using naked strategy before I shift to hedging and averaging.

Can you give me a hint what is this swing strategy in naked trading? The only problem in naked trading is that we need to memorize some of the patterns and be able to recognize some of it in the real trading so that we are able to make preparations on our orders to how we are going to handle it. If a trader wants to do hedging at least make sure to study also trendlines it is one way that I am practicing in one of my demo account.

In my practice trades using naked trading all of my orders seems out of sync I am not sure what needs to done before I issue order here. Do I still need to follow news trends? Or is it pure technical trading?

faisalmuhammad
10-20-2012, 10:08 AM
I Just have one query for you. Do you know how to business using undressed strategy? Because if you don't then how can you guidance others not to use undressed strategy?
Do you think their is no purpose why in this technique we don't use indicators? Do you even know when to start a position using undressed strategy?
You can't guidance other individuals not to use a technique that you yourself does not even know how to use.
I do use undressed technique and so far its provide me well. Comprehend, understand and use undressed technique first before you create some adverse thoughts about certain techniques. Naked techniques is not a risky technique if you know how to use that technique in the first position.

budado
10-29-2012, 02:57 AM
Can you give me a hint what is this swing strategy in naked trading? The only problem in naked trading is that we need to memorize some of the patterns and be able to recognize some of it in the real trading so that we are able to make preparations on our orders to how we are going to handle it. If a trader wants to do hedging at least make sure to study also trendlines it is one way that I am practicing in one of my demo account.

In my practice trades using naked trading all of my orders seems out of sync I am not sure what needs to done before I issue order here. Do I still need to follow news trends? Or is it pure technical trading?
Sorry for the late reply.
My entry point in swing strategy is the same as naked strategy. The only difference is that in swing strategy your relying on volume and speed of the bullish or bearish pattern. And once that volume died out and once that speed slow down or trade side way that's the cue that its time for me to end my position and their for end of swing strategy. And usually depends on the pair and situation. Swing strategy do last between three days to two weeks.

The difference in naked strategy is that is more long term. Just like what I did in eur/usd. Last week of April I open buy position and hold it until last week of July. That's what I called three months cycle in eur/usd. I don't know if you notice it but you can check it in eur/usd chart using 1D time frame that some how theirs some strong support position every three months and what I do I just timing myself in doing naked trade using that concept. No more using other patterns. No more checking of volumes and so on. Unlike in swing strategy that I use volume and speed to compute my closing price.

radex78
10-31-2012, 11:58 AM
Naked trading strategy is less dependent to indicators. That's why its called naked trading strategy because you don't use indicators.
Anyway about 123 pattern. I also like this one. I studied 123 pattern and 1234 pattern and I can say its has potential. But since I do hedging and averaging I give up using this 123 pattern. But to others I assure you its good to study how to use 123 pattern and how to recognize that pattern. And this is good especially if you are doing swing strategy. As this is one of the pattern that I use when I'm studying swing strategy. But I guess and I'm sure you can use it in other strategies also.

Naked strategy so far is one of the strategy that I use that earn me biggest earning. When I open sell position last week of april. If my memory is right I open sell at 1.3200 and I close it 1.2200 last week of july. So just imagine how much pips I make. But that's the only time I trade using naked strategy before I shift to hedging and averaging.

Yea,naked trading is about how to analyze market without indicator to determine their entry point , and naked trader usually have view if indicator only take previous data and indicator can't make price become moves , so they have opinion why should learn indicator and why not learn with candlestick pattern itself as help tool to determine their entry ,so they trade only use candlestick pattern and sometime use list object as help tool like as trendline or horisontal line or fibonacci retracement

But about strategy averaging or hedging it's not about naked trading system but about strategies in forex trading,both have advantage and disadvantage each other , hedging is for secure account untill we decided open lock hedging and averaging is adopted some opinion if market will not turn in one direction but will up and down , and averaging system is good strategy if we focus i think

indieover
11-01-2012, 02:58 PM
I think that naked trading is quite advantageous also because indicators don't always give good indications or good signals. So I think without the use of indicators that we can have success in forex. But I think it needs a lot of practice and lots of familiarity with the market to do well with naked trading. I think it would be good if i would develop my skills in naked trading although I would also want to trade with indicators with some other time.

I think some experts are just doing naked trading and they are quite doing well with their profit. So I want to see myself a good trader using only naked trading also.

profitsbuzz
11-02-2012, 03:45 AM
To be honest I think many people would have tried naked trading at one point or another. However how many of you does have great success with this sort of naked trading in forex market. There are people would have claimed that they have got some success with this sort of strategy, however the risk is also very huge, however the might not be able to sustain one hit because that one single hit would have wipe out their entire account.

My suggestion to beginners, is not to test this kind of strategy, that is because you have little money and you would not be able to overcome such a lost, you should take little step to build your fortune.

radex78
11-03-2012, 12:34 PM
Although i am not expert trader but i am very interested to learn about naked trading strategy based system , because i am prefer look the chart clearly , in addition if look small timeframe , if use complicated indicator , sometime makes blur my view to seeing canldestick pattern

Some trader maybe will judge if naked trading based system is like as gambler way , but i am not agree with these opinion because naked trading basesd system using candlestick itself as their indicator before the decided throw any order in the market

In my view forex trading based system is like as art , many kinds system trading created by trader with goal make profit , just it is , and maybe if we look one patern of market condition ,it's possible we faced with different view to analyze the market , and naked trading also use any rules accompanied with risk management

Jok333z
11-03-2012, 07:38 PM
Naked trading is an interesting trading style as you are really not using any helpers in your analyzes and charts and trading completely on your own so It can actually show how skilled and professional you are in forex trading but this can also be a disadvantage as you aren't using an available source of information and help in forex trading and forex is enough hard even with using indicators so it's harder without using indicators even through indicators sometimes are useless.

yogeshwartyagi
11-04-2012, 08:56 PM
Although i am not expert trader but i am very interested to learn about naked trading strategy based system , because i am prefer look the chart clearly , in addition if look small timeframe , if use complicated indicator , sometime makes blur my view to seeing canldestick pattern

Some trader maybe will judge if naked trading based system is like as gambler way , but i am not agree with these opinion because naked trading basesd system using candlestick itself as their indicator before the decided throw any order in the market

In my view forex trading based system is like as art , many kinds system trading created by trader with goal make profit , just it is , and maybe if we look one patern of market condition ,it's possible we faced with different view to analyze the market , and naked trading also use any rules accompanied with risk management

I agree with your opinion, and believe that naked trading is another style of trading like indicator based trading is. It is surely not true that naked trading is more like gambling rather i would say those base their trades on indicators alone are more like gambling, there is no hard and fast rule that market shall go the way indicators are pointing to.

Rather those base their trading on their experience and market levels which they got good understanding by tracking the pair for long are more likely to succeed because market is seen to respect historical levels often.

I do not use indicators but avoid trading if i am unaware of levels or am not trading that particular pair. I base my trading solely on chart analysis and my experience understanding of historical levels. Believe me it helped a lot in having more profitable trades.

indieover
11-04-2012, 10:39 PM
I agree with your opinion, and believe that naked trading is another style of trading like indicator based trading is. It is surely not true that naked trading is more like gambling rather i would say those base their trades on indicators alone are more like gambling, there is no hard and fast rule that market shall go the way indicators are pointing to.

Rather those base their trading on their experience and market levels which they got good understanding by tracking the pair for long are more likely to succeed because market is seen to respect historical levels often.

I do not use indicators but avoid trading if i am unaware of levels or am not trading that particular pair. I base my trading solely on chart analysis and my experience understanding of historical levels. Believe me it helped a lot in having more profitable trades.

Indeed we are not gambling if we are just doing naked trading. As with naked trading, we still need to develop our skills to do naked trading. It's not something we just look at the chart and make a wild guess on what position we would take in our trade. We still have to analyze the chart pretty well and make good analysis. This is not something that we would be able to learn in one night. We would need to keep improving our skills in doing correct analysis on the market chart.

I feel like trying to learn naked trading. As it's not easy to learn indicators and there's just too many indicators I would need to learn how. On naked traded we don't have to learn too many things like to many indicators.

nehmer
11-07-2012, 01:33 AM
Indeed we are not gambling if we are just doing naked trading. As with naked trading, we still need to develop our skills to do naked trading. It's not something we just look at the chart and make a wild guess on what position we would take in our trade. We still have to analyze the chart pretty well and make good analysis. This is not something that we would be able to learn in one night. We would need to keep improving our skills in doing correct analysis on the market chart.

I feel like trying to learn naked trading. As it's not easy to learn indicators and there's just too many indicators I would need to learn how. On naked traded we don't have to learn too many things like to many indicators.

Making a wild guess is very funny buddy :) you make me laugh there. Well this naked trading really irritates me until now I am having a hard time knowing to what is the trend of the market with limited tools used in the metatrader much worst if it is we just see the charts as it is. Most of the naked traders just don't use indicators because it gives them more confusion when they are trading. It is one of the old method I know of because mostly the old ones are using this strategy.


Why old fellas? Hahahaha I believe that this people don't know computers before and even using the most modern indicators they don't seem to understand, that why they stick with their old school method, not that I am saying they only relying on instincts at least they only think what is best for their account. I have been thinking of this through because in my two years experience it's really hard to take off the indicators even MACD and MOVING AVERAGE are my favorite indicators on my metatrader it gives me safety when using this. How can I be confident when not using it in my trades?

budado
11-09-2012, 07:37 AM
]I think that naked trading is quite advantageous also because indicators don't always give good indications or good signals.[/B] So I think without the use of indicators that we can have success in forex. But I think it needs a lot of practice and lots of familiarity with the market to do well with naked trading. I think it would be good if i would develop my skills in naked trading although I would also want to trade with indicators with some other time.

I think some experts are just doing naked trading and they are quite doing well with their profit. So I want to see myself a good trader using only naked trading also.
I don't advise it my friend. Its good if we understand how naked strategy works so that we have many choice if we decide to shift from one strategy to another and same thing understanding how naked strategy works can also help us understand forex much better. But in my experience doing naked trade. Its just too darn boring. lols. Just imagine I'm holding one position for three months before I release it. Its good to do naked trade if you combine it with swap interest since while your earning when the price goes your way you also earning via swap interest so its good combo for two. But again. Its only going to be a good strategy if you know how to do analysis. Because when you trade naked trade and does not use indicators it does not mean you never tried to do analysis.

Me before I open sell position for eur/usd I notice that theirs a good price movement every three months in eur/usd and usually its happen on the last week of the month. That's why I open sell position on last week of April and close it last week of July. No need to use indicator in between since when I open my sell position in eur/usd last week of april I'm already determine to close my position last week of july.

nehmer
11-10-2012, 07:03 AM
I don't advise it my friend. Its good if we understand how naked strategy works so that we have many choice if we decide to shift from one strategy to another and same thing understanding how naked strategy works can also help us understand forex much better. But in my experience doing naked trade. Its just too darn boring. lols. Just imagine I'm holding one position for three months before I release it. Its good to do naked trade if you combine it with swap interest since while your earning when the price goes your way you also earning via swap interest so its good combo for two. But again. Its only going to be a good strategy if you know how to do analysis. Because when you trade naked trade and does not use indicators it does not mean you never tried to do analysis.

Me before I open sell position for eur/usd I notice that theirs a good price movement every three months in eur/usd and usually its happen on the last week of the month. That's why I open sell position on last week of April and close it last week of July. No need to use indicator in between since when I open my sell position in eur/usd last week of april I'm already determine to close my position last week of july.

That is why it's called naked trading strategy because we do not put indicators in the account at least we are just going to make sure to use of the drawing tools that is in the metatrader. Indicators just make us feel that they know the market well which is not true and were just traders who are blinded by it. Just the bad thing in this strategy is we have to memorize patterns which have many reversal movements of the market even the 1,2,3 etc. patterns is hard to grasp.


We all see the difference in naked trading to other strategies because you need it to be well planned and well organized so that you can profit from it there will be no sense if you are only going to try naked strategy but there is no plans at all. Actually it is a good exercise for us to learn naked so that we can predict the market very well. I usually concentrate only for 20 min viewing the market especially the chart patterns and viewing them in different time frames although without using much tools I can see the trending market if you just observe it more carefully using the eyes and you can then decide to whether you are going to buy or sell a trade.

profitsbuzz
11-13-2012, 09:58 AM
Actually I have been reading so much about this naked trading is pretty confusing.

To me naked trading is to do trading without any protection, like not having a stop loss. However it seems to most people here it is trading without any indicators, expert adviser to help them with forex trading. That s why I did a search on google on the topic on naked trading and there seem to be one of this system or strategy that is called naked trading. I guess that is what they are asking.

I think naked trading is different things to different people. I just hope you get to clarify the matters.

uchennafx
11-13-2012, 11:45 AM
Naked trading entails trading without any indicator and it is the using of the candle set ups to determine the market short and long term bias . This candle set ups that is traded are known as the following ; Pinbar , engolfing bar, double bar low with higher close double and inside bar . All these candle patterns are what price action involves . If you want to learn more about them visit nuil fuller's site for materials and free lessons . He has enough materials for them and when you study and practice them you will realise its the best so far for trading

riddick09
11-17-2012, 02:10 AM
@uchennafx
I think that it's not supposedly without any indicator since, we still need to trade with the default indicators and also for sure, we usually loved to have here the candlestick patterns which makes easier for us to make analysis. Though, I don't practice now to have naked trading since it hurts when you don't have idea on the market or in the technical indications. More likely, that your trade decision will depend on the instincts and feelings you have about the market.

You have already stated the candle setups thus, you are pertaining to an indicator, having the use of candlestick patterns is a forex indicator. Ticking the market chart is a forex indicator. Possibly, we can say that naked trading don't intend to use other indicators aside from the default.

budado
11-22-2012, 01:10 AM
Actually I have been reading so much about this naked trading is pretty confusing.

To me naked trading is to do trading without any protection, like not having a stop loss. However it seems to most people here it is trading without any indicators, expert adviser to help them with forex trading. That s why I did a search on google on the topic on naked trading and there seem to be one of this system or strategy that is called naked trading. I guess that is what they are asking.

I think naked trading is different things to different people. I just hope you get to clarify the matters.
That's true. You don't put SL because you don't want to get SL because of the market volatility. You don't want to get hit by a spike of prices. And that is true also that you use minimal indicators when you trade using naked strategy. That's way its called naked strategy because its bare. You don't use SL and you don't use indicators but of course you also need to use commonsense.

Actually the logic is all the same. But of course the approach can vary from one person to another. Bottom line is that naked trade is trading without SL and without indicators. Now how you can determine your entry price and your exit price? that's the approach and that's what varies.

indieover
11-23-2012, 05:45 AM
That's true. You don't put SL because you don't want to get SL because of the market volatility. You don't want to get hit by a spike of prices. And that is true also that you use minimal indicators when you trade using naked strategy. That's way its called naked strategy because its bare. You don't use SL and you don't use indicators but of course you also need to use commonsense.

Actually the logic is all the same. But of course the approach can vary from one person to another. Bottom line is that naked trade is trading without SL and without indicators. Now how you can determine your entry price and your exit price? that's the approach and that's what varies.

I think when you are doing naked trading is that you depend more on the news and also the behavior of the market. Indicators are not needed but still you would need to develop some strategies when you are doing naked trading. I am trying to see if I can do naked trading as I think there's also big potential to make good profit in naked trading.

When you use SL and TP that would definitely affect your strategy as with naked trading you would need more time to see if you have made right position. As there is no amount of time required when you are doing naked trading. You may trade for short trading or long term trading.

mhanif
11-23-2012, 11:18 AM
Actually, naked trading is when you trade without following the trading indicators and graphs. I would recommend every trader, also the professionals, not to carry out naked trading. The reason why I said so is because trading without the use of graphs and indicators is totally worthless. You are just going to play with your capital and if any unlike even occurs your all capital would be wasted and nothing will be left except regrets. So, it is better to be safe than to regret in future. You should rather follow every indicator and graphs in order to trade because they are going to help you to perform a better trade and you will be able to understand what are the situations of the current markets.

bsebaria
11-23-2012, 07:25 PM
Actually, naked trading is when you trade without following the trading indicators and graphs. I would recommend every trader, also the professionals, not to carry out naked trading. The reason why I said so is because trading without the use of graphs and indicators is totally worthless. You are just going to play with your capital and if any unlike even occurs your all capital would be wasted and nothing will be left except regrets. So, it is better to be safe than to regret in future. You should rather follow every indicator and graphs in order to trade because they are going to help you to perform a better trade and you will be able to understand what are the situations of the current markets.

in start i prefer naked trading cause i dont know much about forex charts and indicator and i thought that they just made for confusing trader but now after getting advantage from indicators and candle stick chart i come to know that without indicator we cant trade well naked trading is risky trading we cant earn good profit in naked trading without proper analysis but for beginners who dont know about indicators and charts better then confusion naked trading is better in start and after some experience they have to change their style and start trading with the help of indicators cause they minimize our risk

indieover
11-24-2012, 05:57 AM
in start i prefer naked trading cause i dont know much about forex charts and indicator and i thought that they just made for confusing trader but now after getting advantage from indicators and candle stick chart i come to know that without indicator we cant trade well naked trading is risky trading we cant earn good profit in naked trading without proper analysis but for beginners who dont know about indicators and charts better then confusion naked trading is better in start and after some experience they have to change their style and start trading with the help of indicators cause they minimize our risk

I think it would depend on the trader what would suit him and what would be more effective for him. Sometimes I just do naked trading in a way I can and I get to make profit nicely. The only thing that stopped me from making good profit in naked trading is the fear of losing. But if I didn't have the fear of losing I could have earned a lot already more than what I have loss using the naked trading.

So I think that naked trading is effective as long as you know to use that strategy well. Although I would way using an indicator is very effective too but it's not easy to learn them right away and find the best indicator suited for your strategy. I would not say naked trading is better but it can also be effective just like when you use indicators.

budado
11-24-2012, 06:19 AM
in start i prefer naked trading cause i dont know much about forex charts and indicator and i thought that they just made for confusing trader but now after getting advantage from indicators and candle stick chart i come to know that without indicator we cant trade well naked trading is risky trading we cant earn good profit in naked trading without proper analysis but for beginners who dont know about indicators and charts better then confusion naked trading is better in start and after some experience they have to change their style and start trading with the help of indicators cause they minimize our risk
If you don't know much about indicators and forex charts the more that you don't need to trade naked trading strategy. In fact if you don't know how to read forex charts and don't know how to interpret indicators you are not good enough to start trading in real account. You need to focus more on trading in demo account and practice and learn in their than do naked trade.

Naked trade strategy is good if you develop enough experience to guide you. And that's why you don't use indicators anymore simply because you already have experience trading that trend or that pattern before and that's were you rely your naked strategy duration. That's how you will know when the right time to open a position and the right time to close your position.

shahzad0able
11-24-2012, 08:01 AM
Actually, naked trading is when you trade without following the trading indicators and graphs. I would recommend every trader, also the professionals, not to carry out naked trading. The reason why I said so is because trading without the use of graphs and indicators is totally worthless. You are just going to play with your capital and if any unlike even occurs your all capital would be wasted and nothing will be left except regrets. So, it is better to be safe than to regret in future. You should rather follow every indicator and graphs in order to trade because they are going to help you to perform a better trade and you will be able to understand what are the situations of the current markets.


Its not that difficult as much you had made it. You are nearly freaking people away from naked trading. Its one of the best form of trading out there in the market. Only draw support and resistance values and then trade when you see a price action signal near or on a support or resistance level. Its that simple.

But practice is required as in any other strategy that you want to follow and off course the money management and the rest of the rules are same that had to kept an eye on as in other trading strategies.

mr kashif
11-24-2012, 09:33 PM
I think naked trading is more profitable if we can do fundamental trading because naked trading is all about how you use your mind and you trade with analysis, and i think naked trading is more profitable at this time all successful trader trade naked in forex and some trader prefer long term trade and some are doing short term trading and i love naked trading just because if we don't know about indicators and don't want to spend more time to learn about then then we can spend time to learn about naked trading and take profit and stop loss and we can survive in forex market for long time because forex trading is profitable if we trade naked more and more but market movement also play big role in naked trading!

Razor1911
11-27-2012, 12:40 PM
I think naked trading is more profitable if we can do fundamental trading because naked trading is all about how you use your mind and you trade with analysis, and i think naked trading is more profitable at this time all successful trader trade naked in forex and some trader prefer long term trade and some are doing short term trading and i love naked trading just because if we don't know about indicators and don't want to spend more time to learn about then then we can spend time to learn about naked trading and take profit and stop loss and we can survive in forex market for long time because forex trading is profitable if we trade naked more and more but market movement also play big role in naked trading!

Agree with you up to some extent. Fundamental trading only depends upon the analysis that we make for a country's financial account. Though doing only fundamental trading is very very risky, but this occasionally sides apart the use of indicators as in fundamental trading everything depends upon the analysis we made over that period, and indicators only used in technical trading. Naked strategy are for those who are experienced in trading business. Not for those who are newbie in trading business, newbie should concentrate more on technical analysis than fundamental analysis as it will only make them to learn new things, that fundamental analysis will not.

m.faisal
12-10-2012, 11:54 AM
In the starting of my currency trading dealing profession i used to do the naked dealing , but now i am not. Now i discovered use few signs to take the choice to get into or quit the trade. but still i am not following the indication signal 100%, i take the indication from the indication and based upon my sensation i take choices. But naked dealing can be done and it needs lot of experience in the couple which we are dealing. To do the naked dealing one must focus in only one currency trading couple and expert its motions by carefully tracking.

radex78
12-12-2012, 12:16 PM
Naked trading strategy , i my view it's simple strategy but required good knowledge and experience to understanding with charrt pattern combine with price action , and usually naked trader will using some method to make visual resistance and support area with horisontal line , or using trendline as help tool , and or using fobonacci retracement , i can say if fibonacci is not indicator but it's included in list object , you can see it in metatrader platform if fibonacci is not indicator

One system trading naked is look pattern 123 , to determine base 1 , we look at highger or lower price at any timeframe , and if i am not wrong based analysis using pattern 123 is in trending price , usually it will bounce back before forwarded to actual trend , so we using price at rebounce it as our destination new order with use stop loss at lower or higher candle depending condition

shahzad0able
12-13-2012, 10:26 AM
I love trading without indicators and this is the only best strategy that has given me green pips in last month after 15 months of trading. I'm practicing in demos these days after losing a lot in my real account, that was all posting bonus.

Now from last 3 months I'm only practicing in demo account. I had tried several trading systems, indicators but all had failed. The only strategy that had come on top is price action, candle stick patterns trading on daily time frame that had given me over 500 pips in last 30 days of trading.

hexagonal
12-14-2012, 01:07 PM
yes mostly on this part of the site we dont talk about trading strategy that must and i think it is not really healthy for us as traders that we are because when we share our trading technique we end up helping other traders who are in need of support and some new trading strategy to add to what they are currently using to a professional and profitable trader that they want to be, so folks i think is high time we start help each other here in this forum.

Razor1911
12-15-2012, 02:55 PM
I love trading without indicators and this is the only best strategy that has given me green pips in last month after 15 months of trading. I'm practicing in demos these days after losing a lot in my real account, that was all posting bonus.

Now from last 3 months I'm only practicing in demo account. I had tried several trading systems, indicators but all had failed. The only strategy that had come on top is price action, candle stick patterns trading on daily time frame that had given me over 500 pips in last 30 days of trading.

If you able to get that much of amount by only Price action, then it is really commendable. Price action needs more conception about candle stick pattern and its movements, shapes, bodies etc. that needs so much of enthusiasm to learn.

I also tried learning the candle stick tricks so that i can also use it in my naked strategy, but unfortunately i failed. Now, i have very very good results by using some leading indicators and fabionacci's retracements. And also i have good idea about wave theory and harmonic movements and it really works in all time frame.

So for me, i don't prefer using naked strategy as i failed with it long ago. But now i am really satisfied with my own trading strategy and with it i can easily manage to get 40+ pips everyday from EUR/USD alone, i can make pips in either direction the market is moving by using dynamic support and resistance level and putting a perfect SL and TP limit with the best entry point.

budado
12-15-2012, 11:55 PM
I love trading without indicators and this is the only best strategy that has given me green pips in last month after 15 months of trading. I'm practicing in demos these days after losing a lot in my real account, that was all posting bonus.

Now from last 3 months I'm only practicing in demo account. I had tried several trading systems, indicators but all had failed. The only strategy that had come on top is price action, candle stick patterns trading on daily time frame that had given me over 500 pips in last 30 days of trading.
Problem with naked trade strategy is that its not good for newbies. Naked trade does not use much indicators. But its use lots of experience. The main reason why we don't use indicators in naked trade is that we already too familiar with the pair that we are trading that we can trade with out impulse and still get good results.

I have done naked trade in two pairs already, USD/CAD and EUR/USD and its because I'm trading this two pairs every day for 11 and 8 months already. That's how long I trade this two pairs so even if I don't use indicators I just too familiar with this two pairs characteristic that I don't use indicators anymore.

But other six pairs that I'm trading I don't dare to trade naked trade since I'm not that familiar with those pairs but I'm still studying and I'm still trying to know more about this pairs via experience (every day trading) and via reading and research.

pedrosa
12-18-2012, 04:22 AM
Problem with naked trade strategy is that its not good for newbies. Naked trade does not use much indicators. But its use lots of experience. The main reason why we don't use indicators in naked trade is that we already too familiar with the pair that we are trading that we can trade with out impulse and still get good results.

I have done naked trade in two pairs already, USD/CAD and EUR/USD and its because I'm trading this two pairs every day for 11 and 8 months already. That's how long I trade this two pairs so even if I don't use indicators I just too familiar with this two pairs characteristic that I don't use indicators anymore.

But other six pairs that I'm trading I don't dare to trade naked trade since I'm not that familiar with those pairs but I'm still studying and I'm still trying to know more about this pairs via experience (every day trading) and via reading and research.

Different currency pair do have some variations when it comes their behavior, but most of the aspects will be the same with most of the pairs, like their reaction to certain fib levels and so on. So if someone can trade a pair without any kind of indicators then they can do pretty well in other pairs too (in my opinion). Fundamental of price action won't change much.

I agree with the fact that deep understanding of forex market is needed to trade the market with naked charts because if someone don't know much about the market can only gamble with money because they can't say anything with naked charts, they need indicators and rules to make any money out of the market.

m.faisal
12-18-2012, 06:57 AM
Certainly naked dealing is not suggest for beginners who don't have enough information about how to sketch trendline and mathmetrics about information because naked dealing is very danger so much even me who business by using naked dealing still conscious myself ever because It is extremely danger technique but outcome is very excellent if you indicated right. I ever create highest possible pips in this technique about 71-75 pips per 1 purchases.But I get reduce I amd highest possible reduction about 13 pips because just I reduction over than 12 pips I stop-loss already. naked dealing must remain with decent control and excellent eye.

budado
12-20-2012, 03:26 AM
Certainly naked dealing is not suggest for beginners who don't have enough information about how to sketch trendline and mathmetrics about information because naked dealing is very danger so much even me who business by using naked dealing still conscious myself ever because It is extremely danger technique but outcome is very excellent if you indicated right. I ever create highest possible pips in this technique about 71-75 pips per 1 purchases.But I get reduce I amd highest possible reduction about 13 pips because just I reduction over than 12 pips I stop-loss already. naked dealing must remain with decent control and excellent eye.
Why bother to trade naked strategy if you only going to target that little pips? If you trade lets say eur/usd and has daily volatility of 120 pips then on that day alone you already get SL. So in short base on your TP and SL you actually don't know the right or proper way to use naked trade. I also do naked trade and usually one position do last two to three months. That's how long its take me to close my account using naked trade.

Naked trade you don't use much indicators or don't use indicators at all. Its all rely on your experience on trading the pair that you are trading. Like for example me I trade eur/usd and in my experience the strong support and resistance level of eur/usd is between two to three months. Meaning I'm expecting their will be reversal of price every two to three months and I really don't focus on putting SL and TP also. I just let it a float. Knowing that my capital is enough to survive three months worth of volatility. But if I loss 10% of my funds then I close my open position also.

radex78
12-21-2012, 11:56 AM
Why bother to trade naked strategy if you only going to target that little pips? If you trade lets say eur/usd and has daily volatility of 120 pips then on that day alone you already get SL. So in short base on your TP and SL you actually don't know the right or proper way to use naked trade. I also do naked trade and usually one position do last two to three months. That's how long its take me to close my account using naked trade.

Naked trade you don't use much indicators or don't use indicators at all. Its all rely on your experience on trading the pair that you are trading. Like for example me I trade eur/usd and in my experience the strong support and resistance level of eur/usd is between two to three months. Meaning I'm expecting their will be reversal of price every two to three months and I really don't focus on putting SL and TP also. I just let it a float. Knowing that my capital is enough to survive three months worth of volatility. But if I loss 10% of my funds then I close my open position also.

I am really like naked trading system , in my view it is more simple trading system rather than using many indicator and make confuse because usually trader if using indicator will more foucs to look indicator already giving true signal or not yet , i think very different with naked trading strategy which will more focus in candlestick pattern and combine with price action , but naked trading also look support and resistance area as trigger their entries

And in my opinion whatever sytem trading that implemented , money management is one key success in forex trading because in fact price movement in the market very dynamic and always changed which sometime move not like as expectation , because no perfect trading system that can work well in every condition of market

But if trader prefer using indicator maybe they should understand function such indicator because different indicator sometime will different rules to use , and main important i think dicipline with rules

pedrosa
12-23-2012, 03:58 AM
Why bother to trade naked strategy if you only going to target that little pips? If you trade lets say eur/usd and has daily volatility of 120 pips then on that day alone you already get SL. So in short base on your TP and SL you actually don't know the right or proper way to use naked trade. I also do naked trade and usually one position do last two to three months. That's how long its take me to close my account using naked trade.

Naked trade you don't use much indicators or don't use indicators at all. Its all rely on your experience on trading the pair that you are trading. Like for example me I trade eur/usd and in my experience the strong support and resistance level of eur/usd is between two to three months. Meaning I'm expecting their will be reversal of price every two to three months and I really don't focus on putting SL and TP also. I just let it a float. Knowing that my capital is enough to survive three months worth of volatility. But if I loss 10% of my funds then I close my open position also.

With naked trading, you doesn't have to trade the market in one style, long term trading (like you said) is just one way of approaching naked trading. One can do amazingly well in intraday trading too by taking use of big reversals that will happen few times a day. This helps scalpers and swing traders a lot to earn with very minimum amount of risk, most of the time.

What naked trading offers you is that of clean charts. when you know what to look for in a currency chart, then time frame isn't a big problem, you can use it in any time frame, because the price movements will be that same in all. But you got to have what it takes to read the price fully.

radex78
12-23-2012, 12:46 PM
With naked trading, you doesn't have to trade the market in one style, long term trading (like you said) is just one way of approaching naked trading. One can do amazingly well in intraday trading too by taking use of big reversals that will happen few times a day. This helps scalpers and swing traders a lot to earn with very minimum amount of risk, most of the time.

What naked trading offers you is that of clean charts. when you know what to look for in a currency chart, then time frame isn't a big problem, you can use it in any time frame, because the price movements will be that same in all. But you got to have what it takes to read the price fully.

Choosing timeframe in my view depending with each type trader style , let say if we prefer trading for scalping trades , it will very difficult to trades if we choose daily timeframe , many scalper trader will choose 1 hour timeframe to determine major trend then look at 5 or 15 minute timeframe to determine their entries and exit , and will faced with difficulties if swing trading only look at 5 minute timefarme

Even though naked trading will trade without any indicator and clean their chart from many indicator and look only chart pattern using candlestick chart or bar chart , but to trading well with naked trading style required experience and understanding with market condition , trial and error maybe will meet , but naked trading will become simple trading style to making profit

For me still choose candlestick chart than another chart like as bar chart or line chart , because in one candlestick it self already giving information price at open , high,low , and close , it's based knowledge for naked trading i think

pedrosa
12-24-2012, 03:47 AM
Choosing timeframe in my view depending with each type trader style , let say if we prefer trading for scalping trades , it will very difficult to trades if we choose daily timeframe , many scalper trader will choose 1 hour timeframe to determine major trend then look at 5 or 15 minute timeframe to determine their entries and exit , and will faced with difficulties if swing trading only look at 5 minute timefarme

That's exactly waht i am also talking about. Naked trading doesn't limit traders to certain time frames and that's one of it's big plus points, if you can read the price, then you can use naked trading system in any time frame and you can surely make money with that.


Even though naked trading will trade without any indicator and clean their chart from many indicator and look only chart pattern using candlestick chart or bar chart , but to trading well with naked trading style required experience and understanding with market condition , trial and error maybe will meet , but naked trading will become simple trading style to making profit

Without experience and certain amount of success rate, it makes no sense to use naked trading system because that will make trading gambling rather then following a system, we got to know many aspects of this currency market to even think about using this system.


For me still choose candlestick chart than another chart like as bar chart or line chart , because in one candlestick it self already giving information price at open , high,low , and close , it's based knowledge for naked trading i think

Except line charts, both candle stick and bar charts can be studied well because there are many shapes in which they come and there are many names for that like pin part and so on, it will come in the category of price action.

ansops
01-08-2013, 05:15 PM
If you choose to have an independent mind when it comes to making analysis,it may lead you to doing naked trading.Most traders who opt to trade using this system do so after discovering that indicators are not giving them the right signals.I do not see any blame in abandoning all indicators.After all, indicators are the product of some human beings.However my caution for those who like to trade using the naked style is that they must trade with very small lot sizes compared to their capital.This is because when they are in a losing trade,they might not want to close earlier since there is no indicator to tell that definitely the market will continue to go against them.Therefore they might have to suffer large number of pips and possibly the market may still reverse in their favor while they are yet to close.

shahzad0able
01-12-2013, 05:47 AM
I trade without indicators and I find it very effective than all the methods of trading in forex. I had myself struggled for a long time before starting to trade using price action. And that also on daily time frame. I don't trade on lower time frames most often now and my only concentration are on daily time frame.
I had got good results after a long time using naked trading. It does take time but its worth to work for. You get good risk to reward ratio as well if you trade on higher time frames.

radex78
01-13-2013, 02:32 PM
I trade without indicators and I find it very effective than all the methods of trading in forex. I had myself struggled for a long time before starting to trade using price action. And that also on daily time frame. I don't trade on lower time frames most often now and my only concentration are on daily time frame.
I had got good results after a long time using naked trading. It does take time but its worth to work for. You get good risk to reward ratio as well if you trade on higher time frames.

Maybe some trader that early trading , after they reading about technical analysis and look example about the chart and indicator behaviour according the chart , then they think if with using such indicator will giving easier to trades and making money , but after directly faced with the market and they makes decision with indicator rules but still find with failure , so they will realize if in fact no perfect indicator can indicate price properly

And they back to naked trading and it's seems simpler way to trade , and we only look the naked chart clearly without many shadow of indicator that sometime disturb our eye to looking one candlestick , using any indicator but make confusion will make more complicated how to decided , i think like it

yogeshwartyagi
01-13-2013, 02:57 PM
With naked trading, you doesn't have to trade the market in one style, long term trading (like you said) is just one way of approaching naked trading. One can do amazingly well in intraday trading too by taking use of big reversals that will happen few times a day. This helps scalpers and swing traders a lot to earn with very minimum amount of risk, most of the time.

What naked trading offers you is that of clean charts. when you know what to look for in a currency chart, then time frame isn't a big problem, you can use it in any time frame, because the price movements will be that same in all. But you got to have what it takes to read the price fully.

Yup naked trading is not for long term traders alone, even short term, day and swing traders can trade using this method. We just do not rely on the indicators from third parties and even the indicators that are served in MT4.

There are some who think it is not possible to make profitable trades without indicators but i have hardly used any indicators so far, though i do look on charts time to time but no like many price action traders do, and basically my trades are based on my understanding of key levels that are dervied of my market watch. Further i do take advantage of historical levels which market respect often.

budado
01-15-2013, 06:35 AM
With naked trading, you doesn't have to trade the market in one style, long term trading (like you said) is just one way of approaching naked trading. One can do amazingly well in intraday trading too by taking use of big reversals that will happen few times a day. This helps scalpers and swing traders a lot to earn with very minimum amount of risk, most of the time.

What naked trading offers you is that of clean charts. when you know what to look for in a currency chart, then time frame isn't a big problem, you can use it in any time frame, because the price movements will be that same in all. But you got to have what it takes to read the price fully.
Then I guess you don't have any idea what is the purpose of naked trade. Or can you provide some supports that naked trade is also been used other than long term approach? If you going to trade and does not use indicators and trade as day trading do you think its already consider naked trade? If I'm going to follow your logic and mind set. then if I just open a position right now lets say buy and close it after 30 minutes with some profit then do you consider that naked trade already? lols.

First of all naked trade strategy is not as simple as just opening a position without using any indicators. Theirs an in deep analysis on it. Like for example eur/usd pairs. Its has some strong support and resistance level that do chance usually every three months. So without using any indicators and just open a position you are using some technical approach in doing naked trade and in eur/usd I use three months as my my opening and closing of my position.

You can check eur/usd charts. Now if you check the eur/usd chart last week of april if you open sell position and close it after three months and that is last week of july you end up earning big amount. Same thing if you do buy on last week of july and close it last week of October you also make good profit. And the main reason why its called naked trade is you stay it afloat that long without using indicators just using the fact that after three months you going to close your position.

Now since you argue that you can also use naked trade in day trading. Support your claim not just say its also used as day trading.

sabbir4
01-15-2013, 09:41 AM
Dealing naked is the trade without the use of indicators. You can trade candlestick chart only if you become with the sign of the price movement that is generated from their candles. So you need to have a good understanding of different models of candles that are constantly displayed on a candlestick chart.
No matter what time frame is used, up to when it acts in all signals price action, together with the trend. The biggest advantage to negotiate view is that a decision to make very soon after each comparison flags.

pedrosa
01-25-2013, 07:27 PM
Then I guess you don't have any idea what is the purpose of naked trade. Or can you provide some supports that naked trade is also been used other than long term approach? If you going to trade and does not use indicators and trade as day trading do you think its already consider naked trade? If I'm going to follow your logic and mind set. then if I just open a position right now lets say buy and close it after 30 minutes with some profit then do you consider that naked trade already? lols.

First of all naked trade strategy is not as simple as just opening a position without using any indicators. Theirs an in deep analysis on it. Like for example eur/usd pairs. Its has some strong support and resistance level that do chance usually every three months. So without using any indicators and just open a position you are using some technical approach in doing naked trade and in eur/usd I use three months as my my opening and closing of my position.

You can check eur/usd charts. Now if you check the eur/usd chart last week of april if you open sell position and close it after three months and that is last week of july you end up earning big amount. Same thing if you do buy on last week of july and close it last week of October you also make good profit. And the main reason why its called naked trade is you stay it afloat that long without using indicators just using the fact that after three months you going to close your position.

Now since you argue that you can also use naked trade in day trading. Support your claim not just say its also used as day trading.


I don't want to be aggressive but if you think support and resistance and key levels only work in higher time frame and not in lower time frames, then you don't even understand the way how support and resistance work. Given me an example of working support and resistance for the present time (long term view), then i will give the working support resistance of the present time (short term view). Both of the above things are possible because forex market respects all the support and resistance area in the same way.

Do you think there aren't any day traders who use naked trading? if yes then you don't know much about day trading and the use and power of naked trading. Who said it's as easy as clicking a buy and sell button? in my previous posts i clearly stated that naked trading is for those who know much more then most of the newbies and can see what the price is doing even without adding a single indicator, it comes with so much hard work and understanding the basic concept of the market.

Jackbro
01-26-2013, 07:06 AM
Naked trading means trading Forex without any indicator. There is no any strategy to trade Forex without indicator. If you want to be a naked trader then you have to depend on the news and watch the news every time when new news release. Sometime naked trading is very much risky. Naked trading is not the way to trade Forex. If you want to be a successful trader then you much go through the indicators as well as news. You must pay attention to the market analysis and how the market acts.

pedrosa
02-05-2013, 11:05 AM
Naked trading means trading Forex without any indicator. There is no any strategy to trade Forex without indicator. If you want to be a naked trader then you have to depend on the news and watch the news every time when new news release. Sometime naked trading is very much risky. Naked trading is not the way to trade Forex. If you want to be a successful trader then you much go through the indicators as well as news. You must pay attention to the market analysis and how the market acts.

Trading naked without any indicator in itself is a trading strategy. Naked trading is for those who understood the forex market and it's moves from the core and can trade without depending on indicators like MACD and many others that are available. You doesn't have to depend on the news to use naked trading, you can do that without even checking news, but if you follow the news then you can avoid some whipsaws that happens at times, but sure it's not a must.

Indeed, naked trading can be very risky most of the times if you aren't a pro in naked trading, it takes years to develop the needed skills for naked trading but it worth's more then anything in my opinion. I accept your last facts of making market analysis and market moves as a must to learn and use thing.

Taha Nizam
02-06-2013, 05:32 PM
Selecting period of time in my view based upon with each type investor style , let say if we choose dealing for scalping deals , it will very difficult to deals if we select everyday period of time , many scalper investor will select 1 hour period of time to figure out significant pattern then look at 5 or 15 moment period of time to figure out their records and quit , and will experienced with complications if move dealing only look at 5 moment timefarme

shahbaz hussain
02-07-2013, 04:01 AM
Naked trading means you trade with out any analysis and not have any back up. You just hit the trade and not looks back that how much i have and how much to bear risk. Naked trade is very risky trade in the market. Its very risky for trader because he don't know that if market is moves against you then how you cover risk and meet the market trend. Up to some extent Naked trading is helpful. when you conform that market moves in that particular way. Then trader takes risk and use the amount of others and get profit.

pedrosa
02-08-2013, 10:49 AM
Naked trading means you trade with out any analysis and not have any back up. You just hit the trade and not looks back that how much i have and how much to bear risk. Naked trade is very risky trade in the market. Its very risky for trader because he don't know that if market is moves against you then how you cover risk and meet the market trend. Up to some extent Naked trading is helpful. when you conform that market moves in that particular way. Then trader takes risk and use the amount of others and get profit.

If someone is using naked trading system it doesn't mean he has no money management rules and he doesn't have a plan for that particular trade to make it a profitable one, in my opinion it's opposite of that. Naked trading system can only be done by expert traders who can read the market like eating a fruit, They got to understand each and every move and must have the ability to explain why it has happened, without that much knowledge it will be hard to earn with this system.

Proper naked trading system means you understand why and how the market works and where the price can turn, if you know that then you can use quality stop losses and take profits so that your account is protected well and you have the chance to earn with good ratio too. And naked trading doesn't mean one can trade without rules.

shahzad0able
02-08-2013, 12:27 PM
I trade in forex market without the use of any indicators. I like using naked trading strategy as it is the simple most trading technique out there. I get signals on time and I don't miss much of the move that you miss in case you are using any indicators. Then on trading on higher time frames I get good risk to reward and the probability and reliability of the signals is also very strong.
I feel confident in trading when I trade using naked trading strategy especially on longer time frames and this is the method that had given me satisfactory results than all of the other methods that I had tried in forex market.

budado
02-08-2013, 11:47 PM
I don't want to be aggressive but if you think support and resistance and key levels only work in higher time frame and not in lower time frames, then you don't even understand the way how support and resistance work. Given me an example of working support and resistance for the present time (long term view), then i will give the working support resistance of the present time (short term view). Both of the above things are possible because forex market respects all the support and resistance area in the same way.

Do you think there aren't any day traders who use naked trading? if yes then you don't know much about day trading and the use and power of naked trading. Who said it's as easy as clicking a buy and sell button? in my previous posts i clearly stated that naked trading is for those who know much more then most of the newbies and can see what the price is doing even without adding a single indicator, it comes with so much hard work and understanding the basic concept of the market.
You don't need to be aggressive. You need to prove it that naked trade can be done in that short period of time. Now to make is simple. Provide me a link or a book that define a naked trade as day trading strategy. Simple as that. Having support and resistance level in lower time frame does not mean you are now able to do naked trade. You definitely has no idea that reason and the purpose of naked trade.

Naked trade strategy is a long term floating of a position. That's why its called naked trade strategy. You let it a float for weeks and months to make profit. If you are doing that as a day trading then your just doing scalping not naked trading. Just do some research. And check the time frame use in doing naked trade and the the minimum and the maximum time scope of naked trade.

Its the same thing if you are doing scalping. scalping is an example of day trading strategy. If you are holding your position for one week do you think its still called scalping? the same thing in naked trading strategy. The purpose of naked trading strategy is to float a position. Now if you going to close that position in a day then your not floating your position. Just commonsense.

Again. Give me a link or a book that define that naked trade can use in day trading.

adif2010
02-09-2013, 01:11 AM
Naked trading is actually not really naked. average remained naked trader uses charts as a reference, they usually use a pin-bar analysis and cendlestick. besides the naked traders also use money management system that is strong enough so that the overall benefits they will remain intact. The bottom line is naked trader uses price action patterns as a sword and as a shield money management techniques to deal with market price movements. if there are other masters are welcome to add.

pedrosa
02-09-2013, 10:06 AM
You don't need to be aggressive. You need to prove it that naked trade can be done in that short period of time. Now to make is simple. Provide me a link or a book that define a naked trade as day trading strategy. Simple as that. Having support and resistance level in lower time frame does not mean you are now able to do naked trade. You definitely has no idea that reason and the purpose of naked trade.

Naked trade strategy is a long term floating of a position. That's why its called naked trade strategy. You let it a float for weeks and months to make profit. If you are doing that as a day trading then your just doing scalping not naked trading. Just do some research. And check the time frame use in doing naked trade and the the minimum and the maximum time scope of naked trade.

Its the same thing if you are doing scalping. scalping is an example of day trading strategy. If you are holding your position for one week do you think its still called scalping? the same thing in naked trading strategy. The purpose of naked trading strategy is to float a position. Now if you going to close that position in a day then your not floating your position. Just commonsense.

Again. Give me a link or a book that define that naked trade can use in day trading.

First off all i asked you to give your example of pure support and resistance play in higher time frame and i said i will give mine. But i still haven't got your reply. Just post your example, then will post mine. You are saying support and resistance and naked trading will only work in higher time frame, prove that, then i will prove it's wrong through my screen shots. Prove through screen shots and not through books of others.

Don't confuse naked trading with scalping, swing trading and long term trading. Naked trading is a system which can be practiced to earn money through basic understanding of market and you don't need lagging indicators to work with naked trading, that's it, it can be done through scalping, swing trade and so. You can naked trading if you can understand where price can turn like S/R and so. If that's the case and you can do naked trading then why you can do at one time frame and not others???

andry777
02-12-2013, 04:56 PM
Naked trading is actually not really naked. average remained naked trader uses charts as a reference, they usually use a pin-bar analysis and cendlestick. besides the naked traders also use money management system that is strong enough so that the overall benefits they will remain intact. The bottom line is naked trader uses price action patterns as a sword and as a shield money management techniques to deal with market price movements. if there are other masters are welcome to add.

What do you mean wiht naked trading is not really naked actually? I think naked trading strategy is strategy which is not using indicators to make analysis so It will use another tool of trading like trendline, time frame, candlestick, price action and any other things except indicators only which is not used. Sure, it will use money management too because naked trader still had trading plan to prepare too.

Naked trading strategy should be done by expert traders only because it's hard for beginner traders to use strategy without indicators. I think each trader can use different combination for naked trading strategy because naked trader can use candlestick to analyze the market and also he can use news to make good decision.

pedrosa
02-14-2013, 12:50 PM
What do you mean wiht naked trading is not really naked actually? I think naked trading strategy is strategy which is not using indicators to make analysis so It will use another tool of trading like trendline, time frame, candlestick, price action and any other things except indicators only which is not used. Sure, it will use money management too because naked trader still had trading plan to prepare too.

Naked trading strategy should be done by expert traders only because it's hard for beginner traders to use strategy without indicators. I think each trader can use different combination for naked trading strategy because naked trader can use candlestick to analyze the market and also he can use news to make good decision.

Excellent points, There are huge amount of tools which can be used to make perfect naked trading without adding anything to the chart, these tools can be handled without adding much things, if the trader has enough experience to do the needed with experience itself. For example, many traders need indicator to find divergence, but experience traders will see that through the chart and they don't need indicator to say that there is a divergence in play. So experience is an utter must think to do naked trading.

As like you have stated reading price patterns is a must think for the forex traders who wish to trade the market with naked trading system, but it's not enough to study the patter only, patterns can work many times but at times they won't, so when it doesn't work there must be a support through good money management to save our capital.

andry777
02-15-2013, 11:26 AM
Excellent points, There are huge amount of tools which can be used to make perfect naked trading without adding anything to the chart, these tools can be handled without adding much things, if the trader has enough experience to do the needed with experience itself. For example, many traders need indicator to find divergence, but experience traders will see that through the chart and they don't need indicator to say that there is a divergence in play. So experience is an utter must think to do naked trading.

As like you have stated reading price patterns is a must think for the forex traders who wish to trade the market with naked trading system, but it's not enough to study the patter only, patterns can work many times but at times they won't, so when it doesn't work there must be a support through good money management to save our capital.

That's right. The most important for naked traders is experiences because reality in the forex is not same with theory. But it doesn't mean if knowledges is not important part as naked traders because all naked traders should learn about price action too and price action can be known from doing a lot of practices to know the candlestick pattern with certain time frame.

It's important to use the right time frame too when we want to use candlestick for trading because it would be different for determining direction of price with different time frame. In one time frame, it's possible if the candlestick has given signal for trending or reversal movement but in other time frame, it's not giving same signal. Maybe it would be better to use some time frame as supporting.

pedrosa
02-16-2013, 12:08 PM
That's right. The most important for naked traders is experiences because reality in the forex is not same with theory. But it doesn't mean if knowledges is not important part as naked traders because all naked traders should learn about price action too and price action can be known from doing a lot of practices to know the candlestick pattern with certain time frame.

It's important to use the right time frame too when we want to use candlestick for trading because it would be different for determining direction of price with different time frame. In one time frame, it's possible if the candlestick has given signal for trending or reversal movement but in other time frame, it's not giving same signal. Maybe it would be better to use some time frame as supporting.

When we use naked trading system, time frame will be an important factor. We judge things most of the time with price patterns and few other non- lagging indicators, for them, proper understanding of price movement in different time frames is a must in my opinion. As like you said there will be certain shapes in one time frame and there won't be in other time frame, so we got to play the market with good stop loss and take profit according to the time frame which we see certain pattern and in which we have confidence.

If you do the above, then doing naked trading system will be bit easy thing, it's like adding more strength to the muscles. When do that for certain years then the things will become automatic and you can predict what's happening in each time frame and that will make us to enter into the trades at a very good time which we all want.

andry777
02-18-2013, 04:04 PM
When we use naked trading system, time frame will be an important factor. We judge things most of the time with price patterns and few other non- lagging indicators, for them, proper understanding of price movement in different time frames is a must in my opinion. As like you said there will be certain shapes in one time frame and there won't be in other time frame, so we got to play the market with good stop loss and take profit according to the time frame which we see certain pattern and in which we have confidence.

If you do the above, then doing naked trading system will be bit easy thing, it's like adding more strength to the muscles. When do that for certain years then the things will become automatic and you can predict what's happening in each time frame and that will make us to enter into the trades at a very good time which we all want.

I am agree with you if it's important to choose the right time frame when we want to use naked trading strategy, I think we must choose proper time frame when we used indicators too. Maybe it's easier to do with naked trading strategy but it won't be easy to find out the right candlestick as pattern to determine the result of our decision. More experience can be better to trade with naked trading strategy.

Naked trading strategy will be effective for giving consideration in making decision if we had enough experiences to use the strategy. It means, I suggest for all traders who want to become naked traders, they should try to implement the strategy in demo account first. It is not easy to understand price action in certain candlestick and time frame. Usually, we must use more than one time frame as naked traders.

Jackbro
02-19-2013, 03:17 AM
Naked trading is the method to trade Forex without having the knowledge about the market news, trends, different pattern of candlestick and various types of indicators. Naked trading is profitable sometime but we can't make profit every-time. Instead of making profit we should avoid naked trading. Successful traders avoid naked trading. Professional trader does a lot of homework before entering the trade, which is the secret to success in Forex. If you want to be a successful naked trader then you must follow the market news and trend. You can avoid indicators.

andry777
02-19-2013, 09:20 AM
Naked trading is the method to trade Forex without having the knowledge about the market news, trends, different pattern of candlestick and various types of indicators. Naked trading is profitable sometime but we can't make profit every-time. Instead of making profit we should avoid naked trading. Successful traders avoid naked trading. Professional trader does a lot of homework before entering the trade, which is the secret to success in Forex. If you want to be a successful naked trader then you must follow the market news and trend. You can avoid indicators.

That's wrong. Naked trading strategy is strategy which is not using indicators at all but it still used pattern of candlestick (price action), reading on news and having knowledges about tools in trading like time frame, trendline, fibonacci retracement, etc. If naked traders didn't use candlestick pattern, so what kind of thing which is used for making analysis there?

And about following market's news and trend, I think it's not always good idea because we must know the limit for trending and we won't be surprised when it moved in reversal direction suddenly. Naked traders are not depending on lucky guess to follow trending movement but naked traders will use price action from candlestick with certain time frame to predict the condition of market too.

pedrosa
02-19-2013, 09:41 AM
Naked trading is the method to trade Forex without having the knowledge about the market news, trends, different pattern of candlestick and various types of indicators. Naked trading is profitable sometime but we can't make profit every-time. Instead of making profit we should avoid naked trading. Successful traders avoid naked trading. Professional trader does a lot of homework before entering the trade, which is the secret to success in Forex. If you want to be a successful naked trader then you must follow the market news and trend. You can avoid indicators.

If you don't use trends, candle stick patterns and most of other things which doesn't need lagging indicator then you can't naked trade at all, without price patterns i don't know how you can do naked trading. Naked trading means making the chart look as clean and use all other tools that doesn't need so many indicators. If you do that then you can make the good use of naked trading system, but if you don't use any of those tools then it's nearly impossible to make any money in the market.

First one must search and find the what naked trading really means, if someone is not clear in the rules then they are going to lose money for sure, not using proper tools will make the trader suffer in the long run, that's what will happen to those who doesn't have enough forex knowledge to use the naked trading system.

ashik32
02-19-2013, 05:13 PM
Naked trading is reasonably high-risk should you be not good at the idea still since you also don't utilize any kind of index to calculate the particular route on the cost. Though I do believe that it must be very good to use the naked investing but you so must wait around to determine if there is a frequent craze understanding that it would keep at this time there quite a long time. As we know there are times in which the development should go often bullish or maybe bearish. Often it will still be in one direction for any week. Nevertheless , there are times among the practice will be unkempt nevertheless it may abruptly return to the first kind steering again in addition to continue doing unattended for long periods over again. We should know better market place activity and the many graph practice ahead of we are able to be lucrative trader employing this style of strategy.

Bidfine
02-19-2013, 10:53 PM
Naked trading is not good at all its one of the most risky trade in this forex market biz because you are not going o use any SL nor TP so your fund keep going like that which is very risky you can loss almost every thing that you got and have here .
since when the loss occure and about to occured in the forex trading biz we dont use to know so its very important that we have to take some step and make sure that we trade with sl or tp and not naked

andry777
02-20-2013, 07:21 AM
Naked trading is not good at all its one of the most risky trade in this forex market biz because you are not going o use any SL nor TP so your fund keep going like that which is very risky you can loss almost every thing that you got and have here .
since when the loss occure and about to occured in the forex trading biz we dont use to know so its very important that we have to take some step and make sure that we trade with sl or tp and not naked

I think you need to read more about naked trading strategy friend. This strategy is not risky strategy when we used proper money management because naked trading strategy is still possible to use SL and TP point. Naked trading strategy didn't use indicators as consideration to make decision but we still can manage profit and loss which can happen in every transaction so it's not too risky at all when there is money management.

It's hard to do for beginner traders because it will need a lot of knowledges about candlestick pattern and it will use trendline for making consideration. It's easy to draw trendline but the hard point is choosing the right candlestick to connect it and also using trendline in which candlestick which is similiar movement. It needs a lot of experiences too but it's not risky strategy at all.

shahzad0able
02-20-2013, 07:38 AM
I love to trade naked, without indicators. This is the only method that had proved beneficial for me. After testing a lot of systems that uses indicators I finally end up trading without using any indicators called naked trading. In this way my chart also remains clear and I don't require to look at any cross overs or divergence to trade my trades.
I only look at support and resistance from where any candle stick pattern gives me an entry signal. If the risk to reward is good, I only enter then, other wise I don't make any trade on less probability trades.

pedrosa
02-20-2013, 10:01 AM
I love to trade naked, without indicators. This is the only method that had proved beneficial for me. After testing a lot of systems that uses indicators I finally end up trading without using any indicators called naked trading. In this way my chart also remains clear and I don't require to look at any cross overs or divergence to trade my trades.
I only look at support and resistance from where any candle stick pattern gives me an entry signal. If the risk to reward is good, I only enter then, other wise I don't make any trade on less probability trades.

That's the beauty of naked trading system, it takes out most of the unwanted things like nearly all lagging indicators and more so that we can see the price more clearly and understand what's happening in the market rather then trying to predict everything. In my opinion if we can clearly see the price and can understand the price movements with our experience then there is no strategy is better then naked trading system, it tells nearly everything that you want to decide to take a trade or not which is a special thing.

One of the main reasons for the newbie forex traders to fail is that they trust those lagging indicators a lot which will hurt them when different kind of market structure get into play. Because of the fact that they don't understand the under lying concept of the market they will suffer and blindly trust the indicators. This needs change if they want to survive.

soft
02-21-2013, 08:16 AM
I love to trade naked, without indicators. This is the only method that had proved beneficial for me. After testing a lot of systems that uses indicators I finally end up trading without using any indicators called naked trading. In this way my chart also remains clear and I don't require to look at any cross overs or divergence to trade my trades.
I only look at support and resistance from where any candle stick pattern gives me an entry signal. If the risk to reward is good, I only enter then, other wise I don't make any trade on less probability trades.

Wow, it is great for me if there is trader who can trade with naked trading strategy because it's hard strategy for me to trade without indicator. I am still newbie so I don't have any courage to trade without indicator. I am sure if trader who can use naked trading strategy, he must be expert trader or at least he has quite much experiences about forex. It will need time to learn making analysis with naked trading, it's easier to use indicator although I read that indicator can give false signal and late signal.

If I am not wrong, naked trader must read news too so the analysis can be good and the timing is right. Can you share me about time frame which you're using for doing this (Naked trading)? Besides Support and Resistance, what is another consideration for naked trading strategy? Thanks before for your sharing.

pedrosa
02-22-2013, 11:24 AM
Wow, it is great for me if there is trader who can trade with naked trading strategy because it's hard strategy for me to trade without indicator. I am still newbie so I don't have any courage to trade without indicator. I am sure if trader who can use naked trading strategy, he must be expert trader or at least he has quite much experiences about forex. It will need time to learn making analysis with naked trading, it's easier to use indicator although I read that indicator can give false signal and late signal.

If I am not wrong, naked trader must read news too so the analysis can be good and the timing is right. Can you share me about time frame which you're using for doing this (Naked trading)? Besides Support and Resistance, what is another consideration for naked trading strategy? Thanks before for your sharing.

Yes most of the famous indicators are logging indicators and they don't work well in different market conditions, so when a market condition changes from one to another the indicators could offer many false signals and we may lose huge amount if we blindly trust them without any backups like good money management and so. But naked trading system won't create such kind of problems (at least most of the times). But as like you said, it's not easy to master all the things to use naked trading system in all conditions.

But if we work hard on our analysis and research then it's not impossible, many experience traders do that and that's why they can make money in bull, beat and ranging markets. Between, yes, most of the naked trading system users will use the features that news offers, it gives quite a few clues on where the price might go.

andry777
02-22-2013, 04:09 PM
Yes most of the famous indicators are logging indicators and they don't work well in different market conditions, so when a market condition changes from one to another the indicators could offer many false signals and we may lose huge amount if we blindly trust them without any backups like good money management and so. But naked trading system won't create such kind of problems (at least most of the times). But as like you said, it's not easy to master all the things to use naked trading system in all conditions.

But if we work hard on our analysis and research then it's not impossible, many experience traders do that and that's why they can make money in bull, beat and ranging markets. Between, yes, most of the naked trading system users will use the features that news offers, it gives quite a few clues on where the price might go.

Yes, indicator can give late signal because it is depending on previous condition of market so it's better to combine indicators with another tools like trendline, support and resistance, or maybe there are another combination. And also, the most important to use indicator is choosing the right time frame to run it because different time frame can be different result of trading too.

More experiences can give better capability in making good decision in any different condition of market. I am sure if naked traders will use fundamental analysis too for supporting their analysis so it can be more accurate because good trader is not only using technical analysis but also fundamental analysis. It will be better if we can use fundamental analysis during high impact news because usually technical analysis is not giving quite good signal.

pedrosa
02-24-2013, 11:08 AM
Yes, indicator can give late signal because it is depending on previous condition of market so it's better to combine indicators with another tools like trendline, support and resistance, or maybe there are another combination. And also, the most important to use indicator is choosing the right time frame to run it because different time frame can be different result of trading too.

More experiences can give better capability in making good decision in any different condition of market. I am sure if naked traders will use fundamental analysis too for supporting their analysis so it can be more accurate because good trader is not only using technical analysis but also fundamental analysis. It will be better if we can use fundamental analysis during high impact news because usually technical analysis is not giving quite good signal.

Exactly, i really believe that fundamental analysis also has some potential and one mustn't waste it, but the main analysis should be with technical. When we don't use certain fundamental side of the market like news, we might get surprised by the volume that we get at times which might make us some losses instead of profiting with them, so adding news and other important fundamental things will help you a lot when you use naked trading system. But we got to be careful in using fundamental analysis.

One of the main reason for that is that fundamental analysis might take our focus away if we give more importance to it, so we got to limit the time that we offer for it on a daily basis, with enough experience we can understand the fundamental details of the day within few minutes (in my opinion). So there are some good and bad things in using them.

yogeshwartyagi
02-24-2013, 08:37 PM
Wow, it is great for me if there is trader who can trade with naked trading strategy because it's hard strategy for me to trade without indicator. I am still newbie so I don't have any courage to trade without indicator. I am sure if trader who can use naked trading strategy, he must be expert trader or at least he has quite much experiences about forex. It will need time to learn making analysis with naked trading, it's easier to use indicator although I read that indicator can give false signal and late signal.

If I am not wrong, naked trader must read news too so the analysis can be good and the timing is right. Can you share me about time frame which you're using for doing this (Naked trading)? Besides Support and Resistance, what is another consideration for naked trading strategy? Thanks before for your sharing.

What you mean by saying that, do you intend to say that to trade with the help of indicators one need no experience. I trade naked often and i simply not use indicators because i do not understand most of them and also i am not sure how profitable it shall be to make trades based on indicators.

Well it is not difficult to trade naked, you just need to watch the market and have good understading of market key levels, or you should be able to mark important levels from where market has been turning or taking support or resistance in history. It is seen that market respect historical levels and so it become easy to trade as you base your trades on historical strong support and resistances.

soft
02-25-2013, 10:31 AM
Exactly, i really believe that fundamental analysis also has some potential and one mustn't waste it, but the main analysis should be with technical. When we don't use certain fundamental side of the market like news, we might get surprised by the volume that we get at times which might make us some losses instead of profiting with them, so adding news and other important fundamental things will help you a lot when you use naked trading system. But we got to be careful in using fundamental analysis.

One of the main reason for that is that fundamental analysis might take our focus away if we give more importance to it, so we got to limit the time that we offer for it on a daily basis, with enough experience we can understand the fundamental details of the day within few minutes (in my opinion). So there are some good and bad things in using them.

That's right. Fundamental analysis can be good consideration to make decision when there is high impact news appearing in the market because with fundamental analysis, I can make better prediction especially if I know the condition of country and I got knowledges about the tendency of country's economic with impact of news. Economic condition in the country will give impact to its currency and then it will give impact to pair which I trade with. But it's important to look condition of country in both currency which I am using for trading if I want to use fundamental analysis.

Naked traders can be technicalist or fundamentalist or using both of them (technical and fundamental analysis) so it's not always if naked traders are caring about fundamental analysis too. So, it's important to all traders to know at least a little bit about technical and fundamental analysis.

ansops
02-25-2013, 01:55 PM
Naked trading is the choice of many traders,some of whom are simply lazy to do much study yet want to earn more money.So they believe by merely watching the movement of price (some will even use lines instead of candle)they could trade and make profits.In actual fact it is possible to make profits that way.However i will advise that while using such style,they should use candle sticks as this will indicate the highest and lowest extent which the market has reached.Such trades should also be traded more on short term basis and scalping.It is rather too risky not do any analysis or use any indicator and leave a trade to run for weeks.You may not be in a position to know the likely point at which the market will turn against you even if you had been making profits before.

soft
02-27-2013, 02:34 PM
Naked trading is the choice of many traders,some of whom are simply lazy to do much study yet want to earn more money.So they believe by merely watching the movement of price (some will even use lines instead of candle)they could trade and make profits.In actual fact it is possible to make profits that way.However i will advise that while using such style,they should use candle sticks as this will indicate the highest and lowest extent which the market has reached.Such trades should also be traded more on short term basis and scalping.It is rather too risky not do any analysis or use any indicator and leave a trade to run for weeks.You may not be in a position to know the likely point at which the market will turn against you even if you had been making profits before.

I am disagree with you if naked trading strategy is the choice for traders who are lazy because I am sure if there is no successful trader who is lazy. It looks easy to make analysis with naked trading strategy because it's only using default tools but in reality, it's not easy to make good decision with naked trading strategy. Like an example using trendline, it's easy because it will connect 2 or more candlesticks in the chart (with certain time frame). It's possible to connect low and low or high and high, but the hard point is choosing the right candlesticks to connect.

It is easy to connect trendline but if the candlesticks are not right and the time frame is not right too, so the analysis will be not accurate too. I don't think if there is easy strategy or easy method to make good analysis. With or without indicators, it will need experiences to be able create good analysis to current condition of market.

shahzad0able
03-09-2013, 08:37 AM
Naked trading is the choice of many traders,some of whom are simply lazy to do much study yet want to earn more money.So they believe by merely watching the movement of price (some will even use lines instead of candle)they could trade and make profits.In actual fact it is possible to make profits that way.However i will advise that while using such style,they should use candle sticks as this will indicate the highest and lowest extent which the market has reached.Such trades should also be traded more on short term basis and scalping.It is rather too risky not do any analysis or use any indicator and leave a trade to run for weeks.You may not be in a position to know the likely point at which the market will turn against you even if you had been making profits before.

It is not being lazy that several traders choose to trade on plain charts but in fact it is the perfect art to trade in forex market. From indicators trading you can face loss more often and even if you get a signal, you will get that late entry in that trade. In this way you will probably miss several pips each time on every setup.

In candle stick patterns trading, you can enter or exit on time and can gain extra by trading naked. A moving average cross over may occur 2 to 3 candles after a pin bar is formed on any swing low or swing high point.

yasm
03-13-2013, 10:02 AM
According to my personal experience I feel the naked trading is just a game of luck.we do not use any indicator we do not exactly know when the market will show bearish trend or when will it show bullish trend.I call naked trading up to some extent trading on instincts where we are not sure whether we will get profit or not even not sure only 1%.naked trading is just risky

meh
03-17-2013, 05:43 PM
naked trading is just a game of loss and we never face profit in trading.trading only goes better when we know the market trend whether it is bullish or bearish the trends in the market helps to make trade effectively.the indicators helps to know whether we have to make sell order or buy order.naked trading is just a game of luck only without indicators signals we cannot make any effective progress.indicators and strategies and hedging are very important for trading

yas
03-17-2013, 05:47 PM
naked trading is just a game of loss and we never face profit in trading.trading only goes better when we know the market trend whether it is bullish or bearish the trends in the market helps to make trade effectively.the indicators helps to know whether we have to make sell order or buy order.naked trading is just a game of luck only without indicators signals we cannot make any effective progress.indicators and strategies and hedging are very important for trading



No pal,
indicators cannot help us in trading from any point of view and the signals just tells us about the past days or past months and we have trade in present and the present values of market could only be understood by the making of analysis of trade and present market condition just use candle stick patterns in trading to know the best way to enter in the trade and than set tp to leave the market after getting some profit

andry777
03-18-2013, 10:51 AM
naked trading is just a game of loss and we never face profit in trading.trading only goes better when we know the market trend whether it is bullish or bearish the trends in the market helps to make trade effectively.the indicators helps to know whether we have to make sell order or buy order.naked trading is just a game of luck only without indicators signals we cannot make any effective progress.indicators and strategies and hedging are very important for trading

I am completely disagree with your opinion. Naked trading is not game of loss and it's very wrong if you think that naked trading is only lucky guess because traders who are naked traders in forex, they made analysis too so it's not only lucky guess. Remember, indicator is one of some tools in forex so it's not the only one tool for traders to make analysis. There are some other tools which we can use besides indicator so don't think if indicator is the only way to make analysis.

Naked traders are using tool of trading too, maybe you can read more about naked trading strategy to know it well. Naked traders usually are using trendline, support and resistance point (pivot point too), time frame, price action (pattern of candlestick), and many other tools besides indicators. It's possible to use fundamental analysis too so it's very possible to trade in forex without indicators at all.

yasm
03-19-2013, 08:57 AM
I just rely on usually 5 indicators otherwise I go for naked trading.naked trading has 70% chances of luck and 30% chances of loss means at the end of they there are 70% chances that we will win and will earn profit.naked trading has another benefit that the success attained in naked trading tell us a lot about the trading positions and we better understand the market flow.another main advantage of the naked trading is that we start becoming confident that we will surely attain the profit

meh
03-19-2013, 10:11 AM
I just rely on usually 5 indicators otherwise I go for naked trading.naked trading has 70% chances of luck and 30% chances of loss means at the end of they there are 70% chances that we will win and will earn profit.naked trading has another benefit that the success attained in naked trading tell us a lot about the trading positions and we better understand the market flow.another main advantage of the naked trading is that we start becoming confident that we will surely attain the profit



I think it all depends our own trading style that we get profit from naked trading or not my experience shows the opposite results to it because according to my experience 30% chances of success are there with naked trading because i am habitual of using indicators in my trading and have even learnt trading just by using the indicators so you can say that indicators is the base of my trading and i could not get profit without them

soft
03-19-2013, 10:15 AM
I just rely on usually 5 indicators otherwise I go for naked trading.naked trading has 70% chances of luck and 30% chances of loss means at the end of they there are 70% chances that we will win and will earn profit.naked trading has another benefit that the success attained in naked trading tell us a lot about the trading positions and we better understand the market flow.another main advantage of the naked trading is that we start becoming confident that we will surely attain the profit

It's not wrong if you like to use indicators for making analysis but it's not good idea to rely on indicators only as final decision because indicator is only tool to help making decision so don't rely on indicators only. And for me, 5 indicators are many indicators so it's not easy to use 5 indicators to give same signal to open or close position. It will be quite long time enough for waiting all of those indicators to give signals. But if you're comfortable to use it and it's profitable so it's good combination there.

But I am disagree with your opinion that naked trading strategy is depending on luck 70% and 30% chance of loss. I don't know where do you get that percentage but I think you got wrong informations about naked trading strategy. Naked trading doesn't mean trade without any considerations but naked trading strategy will use tools of trading too except indicators. You should read more so you will know about naked trading strategy well.

meh
03-20-2013, 03:36 PM
without using indicator you cannot make trades more successful in my opinion the news trading is the only trading that makes the trading perfect and allows us to enter the trading market without making use of any indicator.naked trading gives advantage in the conditions when market is volatile and is not moving greatly.only then it could be useful otherwise it will just a loss to not to use indicator and just put on some trading order

yasm
03-25-2013, 06:27 AM
trading with indicator can be 100% in two condition that is when
1: when your luck is with you
2: when you aim at getting small number of successive pips
otherwise there is another thing that could make your trade successful and make your naked trade profitable that is experience in naked trading.

except these conditions your trade will go in loss.and naked trading will not have much profit

kasual
03-29-2013, 10:03 AM
Naked trading is the choice of many traders,some of whom are simply lazy to do much study yet want to earn more money.So they believe by merely watching the movement of price (some will even use lines instead of candle)they could trade and make profits.In actual fact it is possible to make profits that way.However i will advise that while using such style,they should use candle sticks as this will indicate the highest and lowest extent which the market has reached.Such trades should also be traded more on short term basis and scalping.It is rather too risky not do any analysis or use any indicator and leave a trade to run for weeks.You may not be in a position to know the likely point at which the market will turn against you even if you had been making profits before.

I am really unable to get your point especially which said that naked trading or price action is for lazy traders. as you know that naked trading style need good amount of skill and traders wouldn't be able to success by using this method if lack of knowledge and skill. simply put trend line only will make traders unable to see the whole picture of potential next price movement. trend line is part of analysis tools for naked or price action traders but its working along with support and resistance line, channeling and price pattern that traders usually call as candlestick.

Well, I am sure that traders who able to success with naked style is not that lazy because its the most complicated method in my point of view than traders trading based on custom indicators signal.

andry777
04-01-2013, 08:10 AM
I am really unable to get your point especially which said that naked trading or price action is for lazy traders. as you know that naked trading style need good amount of skill and traders wouldn't be able to success by using this method if lack of knowledge and skill. simply put trend line only will make traders unable to see the whole picture of potential next price movement. trend line is part of analysis tools for naked or price action traders but its working along with support and resistance line, channeling and price pattern that traders usually call as candlestick.

Well, I am sure that traders who able to success with naked style is not that lazy because its the most complicated method in my point of view than traders trading based on custom indicators signal.

I am agree with you. I think ansops doesn't know for sure about naked trading strategy is, so he said if naked trading style for lazy traders only. In my view, naked trading strategy is harder than trading with indicators and it would need more experiences about how to use the right time frame and to choose the right candlestick as consideration on making prediction. There are some tools which can be used for naked traders.

Trendline is one of the most favorite tools for naked traders because from trendline, it can use used as replacement of indicators to know the tendency of trending movement and there is no lagging in trendline because it's based on previous condition of candlestick. And price action is another tool which is hard for me to read because some candlesticks can be different and I can make mistakes to read it if I am not patience to wait the candlestick in full movement.

salim_hosen
05-07-2013, 05:45 PM
About naked trading:
Naked trading is strategy of of Forex trading. However, indicators are seldom enough in and of themselves for really good trading. Something else is needed to convict a trader of
the fact that a market turn has taken place and that prices are now set to move in another direction, or at the very least cease moving in the direction in which they have been unfolding. It works well for any time interval and in any market that is sufficiently dynamic to swing from side to side while trending, or swing with sufficient volatility within a Trading Range to cause there to be profitable.

pedrosa
05-08-2013, 01:50 PM
without using indicator you cannot make trades more successful in my opinion the news trading is the only trading that makes the trading perfect and allows us to enter the trading market without making use of any indicator.naked trading gives advantage in the conditions when market is volatile and is not moving greatly.only then it could be useful otherwise it will just a loss to not to use indicator and just put on some trading order

It's not an easy job to do naked trading, it takes years of practice in studying price movements, trend and many other things and master them to see them without the use of indicators, because of that reason many don't like to use naked trading system and believe that that's a bad system. But naked trading system can be a great system if you have enough knowledge about the forex market and have the right mind set to use it.

You can trade successfully without indicators with the use of naked trading system and earn consistent money. The indicators aren't the main cause why price moves from one way to other, they just give hint, but if you learn why and how the market moves, then you can trade without them.

andry777
05-15-2013, 05:35 PM
About naked trading:
Naked trading is strategy of of Forex trading. However, indicators are seldom enough in and of themselves for really good trading. Something else is needed to convict a trader of
the fact that a market turn has taken place and that prices are now set to move in another direction, or at the very least cease moving in the direction in which they have been unfolding. It works well for any time interval and in any market that is sufficiently dynamic to swing from side to side while trending, or swing with sufficient volatility within a Trading Range to cause there to be profitable.

It can be called as strategy but I prefer to say it as style of trading. Some people like to use indicators but we must know that indicator is tool of trading only so it's okay to trade without indicators at all. Naked trading strategy can be successful too if we knew the timing to open and close position.

Naked trading is not only using one strategy but it's possible to use news, use technical analysis like trendline, candlestick, support and resistance point, pivot point, etc. Naked trading strategy is good for experienced traders only, because it will need good knowledges about forex.

pedrosa
05-16-2013, 10:22 AM
I am agree with you. I think ansops doesn't know for sure about naked trading strategy is, so he said if naked trading style for lazy traders only. In my view, naked trading strategy is harder than trading with indicators and it would need more experiences about how to use the right time frame and to choose the right candlestick as consideration on making prediction. There are some tools which can be used for naked traders.

Trendline is one of the most favorite tools for naked traders because from trendline, it can use used as replacement of indicators to know the tendency of trending movement and there is no lagging in trendline because it's based on previous condition of candlestick. And price action is another tool which is hard for me to read because some candlesticks can be different and I can make mistakes to read it if I am not patience to wait the candlestick in full movement.

Exactly, to trade with naked trading system and doing it successfully for long period of time needs huge amount of experience in the forex market and no one can do that without experience and good skills to tackle the market with the naked chart. If you are going to trade without experience and the needed skills then it's purely gambling and you can expect the results of a gambler. Forex has way more potential then gambling, one got to learn it to use it.

Yes, trend line can be a good tool to use, but as like all other tools, it alone won't be enough many times, we need to combine other trading tools to make it more effective. But if you are solely dependent on trend line, you can still make it work by using good money management, and at the end we can be profitable.

budado
05-17-2013, 01:29 AM
It's not an easy job to do naked trading, it takes years of practice in studying price movements, trend and many other things and master them to see them without the use of indicators, because of that reason many don't like to use naked trading system and believe that that's a bad system. But naked trading system can be a great system if you have enough knowledge about the forex market and have the right mind set to use it.

You can trade successfully without indicators with the use of naked trading system and earn consistent money. The indicators aren't the main cause why price moves from one way to other, they just give hint, but if you learn why and how the market moves, then you can trade without them.
Theirs some good online source how we can use and trade naked trade that can cut our learning from years to just few months. Me Its only take three months for me to make do using naked trade. Just zooming out the chart to 1 day to monthly time frame we can see the bigger picture of the trend and pattern of a pair that we are trading.

Its really take some how good trading capital and confidence and patience to trade naked trade. I do make some good profit in using naked trade. But problem with naked trade is that its hard to spot its entry point and exit point and usually takes a month to three months to make profit. Even some who has big trading capital just let their position float for months and even few years before they cashout with huge profit.

pedrosa
05-17-2013, 11:52 AM
Theirs some good online source how we can use and trade naked trade that can cut our learning from years to just few months. Me Its only take three months for me to make do using naked trade. Just zooming out the chart to 1 day to monthly time frame we can see the bigger picture of the trend and pattern of a pair that we are trading.

Its really take some how good trading capital and confidence and patience to trade naked trade. I do make some good profit in using naked trade. But problem with naked trade is that its hard to spot its entry point and exit point and usually takes a month to three months to make profit. Even some who has big trading capital just let their position float for months and even few years before they cashout with huge profit.

I got to agree with the fact that the time line can vary a lot from person to person and i think i have stated that in this forum quite a few times. I stated the timeline of years because the people i have seen and for myself it took years to master and i am still mastering even after years, it's not just about price patterns but i am talking about trend, correlation and many other things. Still if you did it in three months, then it's really good thing and positive feel for me too.

It's all about making profit, if we have good amount of money to invest which is the base in my opinion and have the trading system to survive in the market and earn good money then we have all the needs to earn for living through forex trading, for me, i am sure that naked trading is the best system for that.

TalhaDX
05-19-2013, 05:29 AM
Naked trading refers to the trading that does not involve any indicators and is open and trades have no control or listings of price movements as well. This is not like a strategy it is just a naked and open procedure of trading.

You are trading blindly and have absolutely no idea to whom and how you are trading, this is definitely a risky trading style and nearly all experts will ask you to stay away from such tradings.

It is better to learn and trade with proper and good indicators and use the market analysis to get the best results out of Forex.

riddick09
05-19-2013, 10:46 PM
@TalhaDX
So, basically you don't have trade without any hint at all. Although, I think naked trading is not using of the indicators for analysis but you will have more focus of the fundamental analysis to have the idea about the market or foresee it. Because, trading without any form of analysis will be nonsense it will just only deal with your skills of guessing and no basis of your trades. I doubt we can only have instincts or feeling in order to place our trades.

Well, technically it's a form of strategy so, this is another strategy which we can have select depends on what we prefer. For those that aren't like what we call technicalities or analyzing through the numbers but they are good with the market conditions using the news and events then, it will be for them.

Abdul Ghaffar
08-18-2013, 06:28 PM
Naked trading is something different than the trade in the market with the use of indicators and the help of strategies to analyze the upcoming trends. Naked trading requires the following things if you fulfill these things than you are able to do the naked trading easily and accurately without any mistakes.

1. Make an eagle eye on the News
2. Analyze the trends with the help of technical and fundamental analysis
3. Must take Expert advice
4. Make your target to achieve a good profit always.

budado
08-19-2013, 11:45 AM
Naked trading is something different than the trade in the market with the use of indicators and the help of strategies to analyze the upcoming trends. Naked trading requires the following things if you fulfill these things than you are able to do the naked trading easily and accurately without any mistakes.

1. Make an eagle eye on the News
2. Analyze the trends with the help of technical and fundamental analysis
3. Must take Expert advice
4. Make your target to achieve a good profit always.
Its seems you totally don't know what is naked trade is all about. The main reason why its called naked trade its because you don't do any analysis at all. You don't do technical analysis and you don't do fundamental analysis and you don't follow the news once you open a position. And you don't take expert advice simply because you are the "expert" and that is the main reason why you do naked trade.

When you do naked trade. Once you open a position you let it afloat until you get TP or SL. Its the main reason why I keep on trading in demo account to be familiar with the pair that I'm trading. I do hope that in the long run I can end up making good income in here. Using naked trade also. In fact I also trade naked trade using eur/usd. As in my experience every three to four months theirs always a reversal of price in eur/usd.

Abdul Ghaffar
08-22-2013, 07:04 PM
I do not have so much knowledge about naked dealing strategy. I realized that some of investors want to use naked dealing as their strategy than using signs. I don't know very much about naked dealing because I don't like to use that strategy too, I want to use signs. If you required some details about naked dealing, I think you might discover it through different methods. You can look for it and I am sure there are many resources there. But it's better to look from boards website.

arrehman
09-27-2013, 12:12 PM
I think as a beginner i don't think i would be comfortable or confident to trade with out using indicators.A "naked chart" is a chart without any indicator on it, it's naked. Many says they trade naked, that is without the use of any indicator.If you needed some informations about naked trading, I think you could find it through google.

abdul636
10-08-2013, 02:30 PM
vFor the information, "naked trading" or even "trading naked" implies dealing with out the usage of any signal from the airport terminal. There isn't any naked signal. A "naked chart" can be a graph with virtually no signal on it, it truly is naked. Quite a few says they industry naked, that is with out the usage of any signal. We ponder what they utilised, various other method or even rule in addition to complex symptoms.
The supposition, that means naked dealing can be dealing with out the assistance of signal and just utilize experience or thought Acquire Offer, if experience or thought could benefit had been ok, but i do believe numerous speculator fail simply because naked dealing.

budado
10-09-2013, 10:15 PM
I have one account that I can consider I'm using naked trade and some how I do end up having survive big market volatility. My main objective right now is to make sure that my account can last long enough for me to make good profit in forex trading. I really do enjoy forex trading and I do hope that in the long run or after 10 years trading in forex my account in here is good enough for me to say that I'm earning good and earning well.

I'm really interested to know if I can make big income in forex trading. And I can only answer this question if I will going to leave one of my account active for many years without cashing out. I do hope that I can finally reach a point in which I can say I can earn good amount of money in forex trading. I know for me forex trading is like savings also.

Joeltonsfx
10-10-2013, 12:44 PM
I think as a beginner i don't think i would be comfortable or confident to trade with out using indicators.A "naked chart" is a chart without any indicator on it, it's naked. Many says they trade naked, that is without the use of any indicator.If you needed some informations about naked trading, I think you could find it through google.
Yes trading without the use of any indicator is not something that should be recommended to a beginner because to be able to trade effectively that way, a trader must have acquired versed knowledge, experience and skills other than that, what such a trader would end up doing is simply gambling.

It takes time to be able to trade this way and a newbie is yet to have any of those so they are better off sticking with other ways of trading until they are equipped enough to handle this way of trading.

budado
10-11-2013, 10:49 AM
Yes trading without the use of any indicator is not something that should be recommended to a beginner because to be able to trade effectively that way, a trader must have acquired versed knowledge, experience and skills other than that, what such a trader would end up doing is simply gambling.

It takes time to be able to trade this way and a newbie is yet to have any of those so they are better off sticking with other ways of trading until they are equipped enough to handle this way of trading.
Naked trade is really necessary to make us earn good amount of money. I still do hope to see myself earning big money. In fact I do want to see myself becoming a successful trader. Who knows in two to three years time I can really rely too much in trading in real account. I'm really interested to know if I can handle my account well enough to become a good trader.

I don't like to loss money but I'm willing to loss money to make profit in forex and naked trade is really good trade if we going to thing long run. Just imagine that you open a position that earn interest and let it float for many years and just to cashout it after two to three years time and much better if we can cashout after 10 years time.

bisaddkunlevics
10-13-2013, 02:57 PM
This trading strategy is getting its popularity in the market all days, i often see it among the famous forex traders as well. I still believe that it works more than the one that will requires you to have trdaing indicators on the chart that causes confusion for the trader.


You should just try to learn them and still practice it if it will be the one that will make your trading the best or not. Forex trading on naked system is all about the chart pattern, and it might just work fine for the trader that has the ambition for it.

budado
10-22-2013, 11:29 PM
This trading strategy is getting its popularity in the market all days, i often see it among the famous forex traders as well. I still believe that it works more than the one that will requires you to have trdaing indicators on the chart that causes confusion for the trader.


You should just try to learn them and still practice it if it will be the one that will make your trading the best or not. Forex trading on naked system is all about the chart pattern, and it might just work fine for the trader that has the ambition for it.
Actually its not. The main reason why many end up getting MC. Naked trade is really hard to control and make profit if you don't know how to do on spot analysis and if you don't have good trading skills. Usually naked trader are veteran traders. Me I consider one of my account using naked trade. Simply because I know how much is the amount that I need to survive. In fact my account can survive a year worth of volatility.

So I can hold my position and make some profit while earning some swap interest. This is the main reason why I focus on forex trading. Because I do believe that I can really grow my account good enough for me to make it big in forex trading. Who knows I can really become a successful trader. And if this is going to happen I'm sure I can.

alking
10-22-2013, 11:34 PM
The term naked trading means trading without indicators. It has to do with revealing the truth of the

indicators that they really want to convey about Forex trends and precise market situations. It is an

unpopular kind of trade. I'm not an expert or advocate in it nor have i ever tried it, but i know that

most times in naked trading, stop loss is not used. A handful of forex trader

that use it combines hedging strategy to run it....

mark48
10-25-2013, 04:34 AM
Naked trade is a kind of trading in forex business which is totally done without using any kind of indicator for help to understand the forex market trend,it involves reading the candlestick chart pattern to analyze the forex market trend and then open trade according to it..

i am also still learning naked trading because these trading are best in forex business any most pro traders always uses these strategies to make profit from forex market..

adeelakhtar25
10-26-2013, 05:46 PM
I wonder what they used, some other technique or principle aside from technical indicators.Naked trading must be meaning risky with high risk. In short it is trading blindly. the trader takes huge risk without knowing the current trend of the market. Another example is entry when the price in support or resistance area. this trading style not need indicator.i think as a beginner i don't think i would be comfortable or confident to trade with out using indicators.

I knew that some of traders prefer to use naked trading as their strategy than using indicators. I don't know very much about naked trading because I don't like to use that strategy too, I prefer to use indicators. So you needed to learn how to use candlestick if you wanted to use naked trading. i guess most of trader use that causes they given up of used indicators which may not give any progress nor profit .