Trying the naked Forex strategies

Trading Systems
1

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.

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

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

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2

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.