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.
He teaches how price action can be used to identify the trends and countertrends of the market, how to be able to spot true support and resistance areas, where to identify the safest places to enter or exit a trade, and how to be able to predict future price movements. What I really enjoyed about the course is that this was all original material, which is a lot more than you can say about other trading courses that are available to the public. Most of them seem to just rehash the same information over and over again.
But that isn't the case with Trading In The Buff. There is nothing in the material that I have seen any where else. You can tell that the developer really created this idea, instead of copycatting somebody else's system. There was real in-depth analysis. The course is gone over in incredible detail. The developer, John Templeton really emphasizes every point as he wants to make sure everybody can understand it.
The material in Trading In The Buff is presented in steps. The way it works is you read each chapter in the book, and after you are done, there is a corresponding video which reaffirms what you have just learned in the chapter. It's also extremely unique in that you are able to understand the reasons why price action works. With most price action techniques that isn't the case. For example, look at traders who use candlestick formations. Most don't really understand the underlying reasons why those formations work. All they do is memorize them.
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 trait that I enjoyed about the course is the excellent support I received. When I was first going over the course, there a concept in the course that I couldn't quite grasp. So I emailed support about it. I was expecting the usual 2-3 business days that you get from most companies. But amazingly, i got a response within hours, and eve more amazingly, I got a response from the actual creator of the course, John Templeton.
Finally, the course just works, and after all, isn't that all that matters? As a person who has traded indicators for most of his trading career, I never really delved that deep into technical analysis, but it's amazing what you can find by just looking at the price movement. All I really knew were the generic patterns that everybody else does, like head and shoulders, double tops, etc... But there is so much more to price action than that. It's really easy once you open your eyes to the possibilities. - 23162
He teaches how price action can be used to identify the trends and countertrends of the market, how to be able to spot true support and resistance areas, where to identify the safest places to enter or exit a trade, and how to be able to predict future price movements. What I really enjoyed about the course is that this was all original material, which is a lot more than you can say about other trading courses that are available to the public. Most of them seem to just rehash the same information over and over again.
But that isn't the case with Trading In The Buff. There is nothing in the material that I have seen any where else. You can tell that the developer really created this idea, instead of copycatting somebody else's system. There was real in-depth analysis. The course is gone over in incredible detail. The developer, John Templeton really emphasizes every point as he wants to make sure everybody can understand it.
The material in Trading In The Buff is presented in steps. The way it works is you read each chapter in the book, and after you are done, there is a corresponding video which reaffirms what you have just learned in the chapter. It's also extremely unique in that you are able to understand the reasons why price action works. With most price action techniques that isn't the case. For example, look at traders who use candlestick formations. Most don't really understand the underlying reasons why those formations work. All they do is memorize them.
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 trait that I enjoyed about the course is the excellent support I received. When I was first going over the course, there a concept in the course that I couldn't quite grasp. So I emailed support about it. I was expecting the usual 2-3 business days that you get from most companies. But amazingly, i got a response within hours, and eve more amazingly, I got a response from the actual creator of the course, John Templeton.
Finally, the course just works, and after all, isn't that all that matters? As a person who has traded indicators for most of his trading career, I never really delved that deep into technical analysis, but it's amazing what you can find by just looking at the price movement. All I really knew were the generic patterns that everybody else does, like head and shoulders, double tops, etc... But there is so much more to price action than that. It's really easy once you open your eyes to the possibilities. - 23162
posted by X - Men @ 12:50 AM
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