Naked Trading

[Rambo35]

How many of you trade naked? First of all, if you are really naked for the sake for everyone around you get dressed. Secondly, most of you know what I refer to and to those who do not: naked trading refers to trading without any indicators, just the chart free of clutter and noise.

I have not tried it, although I do not use many indicators and my charts are almost naked. I did come across a few traders, in real life as well as online, who swear by trading naked and claim it has truly improved their trading.

What are your experiences with naked trading? Did it improve your trading and how?

 

[Easy Trader]

I traded naked for about 2 years, since then I have added MACD for divergence and a 200ema. I trade price action at key levels only. Naked trading was the best decision I ever made. I learned to read the market straight-up and let the indicators do what they were intended for....... Indicating! Great topic Rambo

 

[Fxpipper]

Nice title LOL - 'though a bit misleading but guess that's where the "keep thinking dirty thoughts.."
Moving on, have indulged in naked trading as a newbie with the obvious results..but since then, not so much except for Oil and that's only if there's a strong global cue. Honestly though, trading naked is not advisable, at least for newbies..and for the more experienced traders, hey if you want to model "The emperor's new clothes", let us know how it turns out..pun intended.

 

[Rambo35]

Thanks guys 🙂. I also use the MACD in order to spot divergences, but I also have a 50 as well as 200 day moving average when I take a look at daily charts. I have to admit that I keep a look out for the death cross. One other thing I add to my charts are fibo levels so all in all I do not trade naked. I cloth myself as well as my charts. I assume if I would be a hot chick I would say that I dress slutty (applies to my charts if you know what I mean 🙂)

 

[Easy Trader]

I use fibs also for confluence, and the occasional trend line....

 

[mumuy]

Thanks guys 🙂. I also use the MACD in order to spot divergences, but I also have a 50 as well as 200 day moving average when I take a look at daily charts. I have to admit that I keep a look out for the death cross. One other thing I add to my charts are fibo levels so all in all I do not trade naked. I cloth myself as well as my charts. I assume if I would be a hot chick I would say that I dress slutty (applies to my charts if you know what I mean 🙂)

I also use this in conformity with the fibs and bollinger bands.

 

[Rambo35]

I also use this in conformity with the fibs and bollinger bands.

I have never been a big fan of BB's, but if they work for you you should keep using them.

 

[Master Forex IB]

Now mostly I do naked trading . I check diferent indicators. All are different in their readings and calculation some times I am confused wht is right or wrong . I decide to see just charts for getting trend of market . It is a type of self analysis . It is better than rely on indicators.