Strip Of All Your Indicators
and Learn To Trade Naked! Trading With Price
Action is the only way to Learn The Real
Secret of Trading!
How taking
the less
is more approach leads to success in the Forex Market!
From the Desk of JohnTempleton,
Creator of Trading in the Buff
Hello My Fellow Forex
Trader:
It seems pretty obvious that the more
complicated we make trading, the harder it's going to be to make real money trading
forex. For whatever the reason, people just don't seem to listen.
How else would that explain why only 5% of
forex traders make any money? If all these "magical" indicators and robots worked, why are
there so many people crashing their accounts?
All these overpriced indicators
provide absolutely NO insight to the market!!
So, why are people spending their hard earned
money on all this garbage? It's simple. Most traders don't really have a
clue what's going on in the market.
They would much rather just fill their
charts with indicators telling them when and how to trade.
Almost All Trading Indicators Are Lagging.
Why would
you want to base your
trading decisions off
of something that is only telling you
what has alreadyhappened.
I don't mean to come down hard on indicators. Truth be told
that's exactly what I used when I first started trading.
To prove it, here is an old chart of mine. This is how I
used to trade.
Needless to say, just like the majority of the people who
trade forex, I did not have much luck with this.
That's when I started to think this through. Why am I
trading something that I don't understand?
The indicators were doing the trading, NOT ME!!I just
went along for the ride.
Think about that for a second. I was basically just an
inanimate object waiting for random lines to cross, telling me that I should open or close a
trade.
It dawned on me. How in the world could I make
money trading forex, if I don't even understand what I am looking at????
It was then that I decided to listen to what all the professional
traders had to say on the subject. I noticed two words that came out of most of their mouths:
PRICE ACTION!
It was so obvious, I couldn't believe
it.
Do you think that the most successful traders in the world are
really worried about what a couple of Stochastic lines are doing? I highly doubt
that.
The whole point is that they don't need them or any other
indicator for that matter. Their own eyes are their best
indicator.
If you don't believe me, all you have to do is look at the
history of the markets and how traders became successful.
There were legendary floor traders at the beginning of
the stock market who became millionaires just by following the movement of the price.
They didn't even have charts, much less indicators!!! What's our excuse???
That's when I dropped everything, completely cleared my charts of
all indicators and began to look at my forex charts, as the purists call, naked.
There was nothing blocking my view of the price. No
Moving Averages, No Stochastics, No MACD, No RSI, NOTHING but a simple bar
chart.
I would love to tell you that the first day I did this, I
instantly saw the holy grail and I was going to be rich by the end of the week. But that didn't
happen.
The truth is I didn't see anything. I didn't have some
great epiphany. But Rome wasn't built in a day, so I kept on trying the next day, and the day after that
to see if I "could figure" out the markets.
It took awhile, but everyday that I did this, I started to
realize something:
MARKET PRICES HAVE PATTERNS
THAT ARE REPEATED OVER AND OVER, WHICH CAN BE USED TO FORECAST FUTURE
MOVEMENTS
By the end of a couple weeks, I began to see the market in a
completely brand new light.
It was like I could see the market's energy. For the first time in
my miserable trading life I could see the market as a living, breathing
thing.
It stunned me that throughout all these times I was looking at a
chart, this was staring back at me the whole time and I couldn't see
it.
How could this be??????
It's simple! All these pesky indicators were blocking my
view.
From that day forward I was a completely different
trader.
No more indicators, No
more trading robots, No more chat rooms, No
more signal services, No more spending hundreds of dollars on useless
software. No more NONSENSE.
I became the trader that I always wanted to be and I owe it
all to trading naked (not literally of course).
After a couple of months of tweaking, just to get things
perfectly right, I came up with my own price action method, I like to call "Trading in the
Buff".
With "Trading in the
Buff"
I show you:
How
To Get Rid of Your Indicators and Trade With Price
Action
How
To See The REAL Support and Resistance Areas
How
To Forecast Where the Price Is Going to Go
How
To Spot The Fake Moves
How
To Trade With The Trend
How
To See The Underlying Reasons of Why the Market Moves The Way It Does
Most Importantly How To Make Money Trading
Forex!
Here's A Sneak Peek of The
Course
Part 1: Identifying the Move
I show you the exact pattern
that we are looking for, and I show you a bunch of examples of how its worked in the past and
WHY it works. I let you know the actual reason why this pattern is so important to
traders.
Part 2: Spotting a False Move
I make sure you know which moves are the false
ones and which moves are the real ones. After
this chapter you'll be able to spot the pattern over and over again.
Part 3: Finding The Support and The Resistance
Lines
I am not talking about those "magical indicators" that follow
some kind of formula telling you which are the supposed S & R. This is the real
stuff. After the first 2 parts of the book, you'll understand why.
Part 4: The Breaking of the Support and
Resistance
I show you what happens when support and resistance is broken
and how it helps us determine and predict the future price of the currency
pair.
Part 5: Going With The Trend
You always hear traders say "trade with the trend". In this chapter I show
you how this pattern tells us exactly where the trend is headed and how we can use it to our
advantage.
Part 6: The Different Ways of
Trading
Everybody trades differently. Some people like to
scalp, while others like to position trade,
and everything else in between. I cover all the different ways on
how you can use the method so it fits your trading personality.
Proven to work on any Time Frame
andon any Currency Pair.
From my back tests and from trading live, I saw that the
"Trading in the Buff Method" worked for every single currency pair that I saw on every
time frame. Some better than others, but the point is that it worked!
Then I started checking it on stocks and e-mini
futures (not that I ever trade them, but I was curious) and it was really amazing because it worked
for those trading instruments, as well.
Then I had the "a ha" moment because it became painfully obvious
that price action is universal.
It doesn't matter what you trade, traders react similarly to the
different movements of the market (irregardless of which one).
Here's some other things that make
"Trading in the Buff" so
great:
Can
Be Traded on any Broker
Could be Traded Anytime During Market Hours
Trades Have an Incredible High Reward To Low Risk Ratio
Can
Be Taught To Any Newbie or Veteran in Trading
Minimizes the Emotional Factor in Trading
Can
Be Used on a Simple Metatrader Chart
Clearly Defined Entry and Exit Points
Here's What Some of My Customers Are Saying
About Trading In The Buff
Note: These are 100%
Unsolicited
Hi John,
I find your system straightforward and effective;
that is, profitable. Some of the set-ups I did not actually trade since I was already at
my comfort level with respect to margin usage, or other times I was away - from the computer,
say at work, but was able to check back later to see that the setup worked. I restrict my
activity to pairs that have a reasonable pip spread to Avg True Range ratio. This way I
minimize the "Broker's" edge by trading those with minimal spreads as compared to the
volatility of a specific pair.
Anyway, thanks again for sharing, since it makes
analyizing charts a heck of a lot easier than with all those squigly lines and
stuff!
I just wanted to personally thank you for making
this course available. I can't believe all this information was right in front of me and
I never noticed it.
I haven't started trading live yet. But my
demo account has been growing by leaps and bounds. I can't wait until I start trading
live!
I have to admit that I was a little hesitant
before I bought your course. I've been burned before, and I didn't want it to happen
again, but I am really impressed!
I thought learning price action was going to
be very complicated, but you have completely simplified it so even somebody like me could
follow it. LOL.
Also, thanks so much for answering my questions
so quickly. It's nice to see somebody who still offers good customer service.
I'm impressed that the reply came directly from you, and on Sunday.
I went through the video for Chapter One, and I'm already very impressed. I already feel sure I
can use your method to earn a decent living in the Forex. Can't wait to see the rest of it!
Thank you for helping me, and thank you for making this plan available. You're a
wonder!!!
Dropping a line to
say your book is fantastic! I've only taken one loss. The amazing thing I observed from that
loss is how strong the resistance line was. I entered the trade at 11pm yeterday and today when
I came back, the trade was still on going! The market spend half the time around the resistance
area.The resistance line held really well for hours before it finally broke. Amazing! Thank
you.
Peter
Follow-up
It's been a while since we last corresponded and
just to refresh your memory, I bought your e-book on trading in a buff a few months back and
have to say it's one of the best books I've read so far on trading. As you know, nothing is
certain in the market as the market is too dynamic for absolutes. As such, I firmly believe in
using as many reliable tools as I can to get a better judgement and increase my chances of
winning. Thanks!
Last night I purchased your course. I got so excited after I read the book, watched the videos
and did the back research that i can't wait till tuesday to start trading. I day-trade the
S&P 500 and the yen and I will be using your method. When I did my research, Even in worst
case senerio's I've seen on charts; If you aren't greedy, You are likely to pick up at least
2-points.
I am writing to thank you for giving me a HALELLUJAH moment after reading through the course,
watching and listening to the Videos. Very Very impressive i must say especially after
backtesting it the whole week last week.
I had gotten tired and totally sick of Lagging Technical Indicators (and obviously losing lots
of money) and was looking for something that gives me information on what is going on and about
to happen basically Price Action and Trading In The Buff did....i go live tomorrow and i can't
wait.
Once again, Thank you very much for considering some of us, who have gotten tired of Lagging
Technical Indicators.
I recently purchased your product "trading in the buff", outstanding material I highly
recommend it to all starting out in currency trading, as of matter fact I wouldn't start
trading unless you purchase your
product.
Thank you for your quick reply. I buy
lots of stuff on the Internet. Most of stuff I bought so far is simply crap. I just know
that product is a crap after first quick
reading.
OK, I want to go straight to the point
here, because I don't want to bore you with too long email. I decided to buy your course
because I am really interested in price action trading. Thats what I mostly do and I want
to find some successful people who do it as well. Unfortunately there are not so many
people doing this.
I read it all chapter by chapter and I
did the work after each chapter you asked in the book. It was pretty easy to me, because
I use various patterns in my trading as well. After that I asked you to send me the link
with videos, which you did pretty
quickly.
OK, after checking the book and videos I
have to say something I haven't said to any seller for the very long time - your course
is awesome and I am very happy that I bought it. I would like to thank you for putting
very hard work into this and for sharing this with people.
:-)
I am sorry for this long email, I usually
don't write anything to sellers beside asking for refund :-) But this time I wrote my
email out of strong urge for sharing my first feelings after checking the
course.
A: Absolutely not. I have nothing against Elliot
Waves. As a matter of fact I admire the people who are able to trade them successfully. Frankly, I
find them to be mindnumbingly confusing. Trading in the Buff is about learning price
action in a simple manner.
Q: Are there formulas involved?
A: Nope! I know that there's a bunch of trading
systems out there that are nothing but a basic mathematical formula. Is that really supposed to tell
you where the price is going to go?
Q: Does this have anything to do with Candlestick
patterns?
A: Although I think knowledge of candlestick patterns is
great, it has nothing to do with Trading in the Buff. All you will ever need is a simple bar
chart.
So What's It Going To
Be?
If you are interested in the "same ole, same ole" where
you just trade when a couple of moving averages cross each other, then "Trading in the Buff" is
definitely not for you.
Don't worry I'm sure you could find a million trading
systems like that in any forex forum on the internet. There are countless "buy if the line turns
blue" systems out there.
I'm ashamed to admit that I bought some of them when I first
started trading.
BUT If you are interested in
having a deeper understanding of what makes the markets tick and you want to get rid of those useless
indicators on your charts that do nothing but take up space, then "Trading in the Buff"is for you.
CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS
HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL
TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE
IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE
ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE
THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
No representation is being made that any account will or is likely to
achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between
hypothetical performance results and the actual results subsequently achieved by any particular trading
program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can
completely account for the impact of financial risk in actual trading.
All information on this website or any e-book purchased from this website is for
educational purposes only and is not intended to provide financial advise. Any statements about profits or
income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no
trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and
agree to hold Trading In The Buff and any authorized distributors of this information harmless in any and all
ways.