Trading Naked. FxForaLiving.com 
                                                                                         
                                                                                         
                                                                                         
                                                                                         
                                              Trading Naked (No indicators)

                                                                                        

                                                                                        

                                                                                        

                                                                                        
                                         

                                                                                        

                                                                     David Aranzábal 
                                                                                         
                                                                          FxForaLiving.com 
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                                                                  Trading Naked. FxForaLiving.com 
                                                                                 INDEX

                                                                                        

                                                                                        

                                                                                        

                                                                                        

                                                                                        

                  

                  1. The Learning Cycle 
                        
                  2. The shortcut 
                        
                  3. Price as the leading indicator 
                        
                  4. Price vs Indicator 
              
                  5. Practical Examples 
                        
                   
                   
                   
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                                                      Trading Naked. FxForaLiving.com 
                                                   THE LEARNING CYCLE 
                                                                         
                                                                        

                                                                        

                                                                        

          

           
          Typical evolution cycle in the Learning curve for traders:  
           
               -   Phase  1:  The trader doesn’t know any indicator at all 
                    
               -   Phase  2: The trader learns the 2 or 3 basic indicators 
                    
               -   Phase  3:  As long as the trader improves his learning curve, but fails in his 
                   final results, he researches to find “the best indicator”. The more complex 
                   and more rare, the better. 
                    
               -   Phase  4: The charts look like a work of art by picasso 
                    
               -   Phase  5: The trader removes all the indicators and finally leaves just 1 or 2. 
                   He finally masters these incicators. 
                    
                    
          

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                                                                  Trading Naked. FxForaLiving.com 
             

                                                                   THE SHORTCUT 
             

             

             

                                                                                      
             - The previous process can last from months to years.  
              
             - Let’s take the shortcut: The price as the best indicator 
              
                                                                                      
                                                                                      
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