Naked Trading With Inside Bar Pattern

8 December 2016, 09:18
Ahmad Hassam

Naked trading means trading without using any indicators solely based on price action.

All indicators use formulas that are based on price action.

This makes them lagging. Price always leads. You plug in price and get the indicator value.

This makes these indicators lag behind the price plus you get false signals often.

Naked trading is the solution. Focus on price action only.

Inside bar is an important candlestick pattern.

This pattern is not important on lower timeframes but on higher timeframe of daily and weekly, this pattern can give good trades.

Read this post in which I explain naked trading using inside bar pattern.

No matter how significant the pattern, always take risk management very serious.

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