Trying the naked Forex strategies

Hi Guys,

After an inactive 2020, I’ve started with backtesting the Naked Forex strategies by Dr. Walter Peters.

As the first step I drew the SR lines to practise.

Here are some screenshots. I have too many drawn in the first one. :stuck_out_tongue: Thanks for the comments.

I don’t wish to trade on a ranging market.

This would be a good sell, if hits the resistance level.

It’s okay to draw so many lines. It is for your understanding and if it helps you get better with your skills, keep doing it. Talking about the naked forex strategies, I am not sure about using all of them. What I suggest is trying them on your demo account first and then on your live account.