Take off your top but leave your pants on…
Because today we will trade semi-naked.
Now, you’re probably wondering: “What is semi-naked trading?”
It’s trading with MINIMAL indicators to help you make objective trading decisions. So, don’t go all in with the RSI, Stochastic, Moving Average, ADX, Force Index, Bull Power, Bear Power, and etc. It’s not going to help your trading but cripple it.
Ever had a chart looking like this?
You get my point. So, what now?
Well, my rule of using any indicator is this…
For every indicator you put on the chart, you must know THE PURPOSE of it — else you have no business using it.
So, in today’s video you’ll learn:
- How to use the Stochastic indicator to better time your entry
- How to use the Moving Average to find VALUE (so you can buy low and sell high)
- The biggest mistake to AVOID when using indicators
If you have always wanted to use indicators the correct way, then today’s video is for you.
So, click below to watch it right now:
I hope you’ve enjoyed this week’s market analysis.
If you’ve got any questions, don’t hesitate to let me know in the comments section below. Cheers!
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Thanks – Very Good!
Glad to hear that, GS!
Some more new ideas thank you Rayner
You’re welcome, Kevin. Cheers!
Thanks for the great follow-up to your naked trading post, Rayner. I think semi-naked is my favourite way to trade stocks. I like to have a couple of moving averages to try and illustrate trend. But other than that I try to keep it simple. Thanks again for the post.
Hey buddy,
Yes, I personally have a couple of moving averages as well, and that’s about it.
Very wonderful and good teaching for new bees like us. Thanks
You’re welcome, Paul.
Don’t hesitate to let me know if there’s anything, I’ll be glad to help.
So you said that you used 20 period for daily? May I know whats the rationale of that? And for h4 what would you use? Thanks.
Hi Kelvin,
20ma would capture the short term trend and it suits my trading approach. I enter on daily and trail it on daily timeframe.
I mean for stoch sir, you used 20 period so what wqs the reason and what suggestion for H4?. Sorry I forgot to specify that. Thanks in advance
Hey Kelvin,
20 period because a month has 20 days. But a disclaimer is I don’t use it in my trading.