Trading In The Buff
There is a new course called Trading In The Buff. It was developed by a man named John Templeton. The concept behind the course is to the educate people on how to trade the forex market just by using price action concepts. This is done by getting rid of all the indicators that most people are used to using on their charts.
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 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.
They also have excellent customer service. I had a problem grasping one of the concepts of the course and I emailed support about it, and as a surprise to me, I got a reply within the hour with a very well detailed answer to my question. What was even more impressive was that it came from John Templeton, himself. He actually answers his own emails. It's nice to see that, nowadays.
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. - 23159
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 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.
They also have excellent customer service. I had a problem grasping one of the concepts of the course and I emailed support about it, and as a surprise to me, I got a reply within the hour with a very well detailed answer to my question. What was even more impressive was that it came from John Templeton, himself. He actually answers his own emails. It's nice to see that, nowadays.
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. - 23159
posted by X - Men @ 2:13 AM
0 Comments
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home