Strip Away the Indicators and Trade in the Buff
Sunday, May 16th, 2010Many people who enjoy trading on the forex system are usually looking for good advice or ways to better increase their return of investment as quickly as possible. One such trader, John Templeton, who has been very successful, has even written a great book titled, “Trading in the Buff”.
Despite what the title may suggest, the book refers to something that relates to trading on the forex system and the stock market. Instead of referencing your state of dress, the book is written about the indicators on the charts. By ignoring the indicators and paying attention to the rise and fall of the prices, one can determine better when to sale or buy instead of blindly following indicators. These indicators often times lag behind real-time quotes and can get you in to a spot of trouble.
The book teaches one how to read and understand the charts so that you will be reading and understanding them just as easily as you would the daily comics. So if you are ready to make even more money through the forex system, then pick up this book, strip away the indicators, and start making your own well-informed decisions on what to buy and sell.