Trading In The Buff
This articles is about a new forex course that has garnered a lot of attention lately. It is called Trading In The Buff. The idea behind the course is to teach traders about the concepts of price action. He teaches the method by recommending to all traders that they should get rid of their indicators that they are used to using when trading the forex market.
The course focuses on using price action to spot trends, counter trends, support & resistance, which can be used to predict solid entry positions and the ability to forecast future price movements. The course really focuses on original material, which is a bidg departure from most of the stuff that you get online. Unfortunately with much of the stuff being sold about forex trading, there does tend be some overlapping. As a matter of fact, sometimes it's just blatantly the same material over and over again.
Thank goodness, this is not the case for the Trading In The Buff Course. I can safely say that the material was both new and innovative. It was very obvious that the creator worked diligently on the course to make sure that his customers were getting something real original. The in-depth analysis also proves that Templeton wants to make sure that his customers understand all the nuances of the course.
The material is presented in a step by step manner. After every chapter, there is a video to confirm what you have you just read in the book. It's also unique because you get the ability to understand the fundamentals. The problem I feel with many price action methods is that many people can't really explain why it works. For example, with candlestick patterns, you are just memorizing, but there is no fundamental reason why shooting stars (for example) work. All you are really doing is waiting for that particular pattern and trading it.
That isn't the case with Trading In The Buff. The course actually explains the underlying reasons the price action patterns work. It's also explained in a very simple manner so everybody can understand it. The keys are finding support and resistance, and then being able to follow the trend.
It's also quite simple. Many forex trading methods fall into the categories of really complex, such as trading with Elliot Waves, or so simple that they just don't have any depth, such as trading stochastic crosses. Trading In The Buff is a perfect mixture of that. Once you get the hang if it, its really simple to trade, but there is a lot of depth. In fact, I think you'll pick up something new almost every trading day.
Another thing its got going for them is their amazing customer service. I had a small problem understanding a particular concept about the trading method, so I emailed support about it. I was expecting the usual 2-3 business days that you get from most companies. But much to my surprise I got a detailed response within hours. Not only that, but I got a response from the creator, John Templeton, not somebody in his staff.
And lastly it just works. Let's face it. That's what it all comes down to, doesn't it? Being a person who has traded indicators for most of his life, I never really gave much thought to what can be found simply by looking at the price. Except for recognizing generic patterns like head and shoulder, double tops and double bottoms, etc.. But I was really stunned as to all the valuable information that was available to me just by looking at a simple bar chart. Now I can't even look at a chart and not notice it. My eyes automatically can scan the price movement and find great entries and exits. - 23217
The course focuses on using price action to spot trends, counter trends, support & resistance, which can be used to predict solid entry positions and the ability to forecast future price movements. The course really focuses on original material, which is a bidg departure from most of the stuff that you get online. Unfortunately with much of the stuff being sold about forex trading, there does tend be some overlapping. As a matter of fact, sometimes it's just blatantly the same material over and over again.
Thank goodness, this is not the case for the Trading In The Buff Course. I can safely say that the material was both new and innovative. It was very obvious that the creator worked diligently on the course to make sure that his customers were getting something real original. The in-depth analysis also proves that Templeton wants to make sure that his customers understand all the nuances of the course.
The material is presented in a step by step manner. After every chapter, there is a video to confirm what you have you just read in the book. It's also unique because you get the ability to understand the fundamentals. The problem I feel with many price action methods is that many people can't really explain why it works. For example, with candlestick patterns, you are just memorizing, but there is no fundamental reason why shooting stars (for example) work. All you are really doing is waiting for that particular pattern and trading it.
That isn't the case with Trading In The Buff. The course actually explains the underlying reasons the price action patterns work. It's also explained in a very simple manner so everybody can understand it. The keys are finding support and resistance, and then being able to follow the trend.
It's also quite simple. Many forex trading methods fall into the categories of really complex, such as trading with Elliot Waves, or so simple that they just don't have any depth, such as trading stochastic crosses. Trading In The Buff is a perfect mixture of that. Once you get the hang if it, its really simple to trade, but there is a lot of depth. In fact, I think you'll pick up something new almost every trading day.
Another thing its got going for them is their amazing customer service. I had a small problem understanding a particular concept about the trading method, so I emailed support about it. I was expecting the usual 2-3 business days that you get from most companies. But much to my surprise I got a detailed response within hours. Not only that, but I got a response from the creator, John Templeton, not somebody in his staff.
And lastly it just works. Let's face it. That's what it all comes down to, doesn't it? Being a person who has traded indicators for most of his life, I never really gave much thought to what can be found simply by looking at the price. Except for recognizing generic patterns like head and shoulder, double tops and double bottoms, etc.. But I was really stunned as to all the valuable information that was available to me just by looking at a simple bar chart. Now I can't even look at a chart and not notice it. My eyes automatically can scan the price movement and find great entries and exits. - 23217
posted by X - Men @ 12:55 AM
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