psychology, his qualification has a great advantage as his knowledge adds some interesting insights into the emotional aspects of trading that other traders and authors have not shared.
It's about Forex Trading
It might be obvious but Naked Forex is about Forex trading. A lot of trading publications that I have read and reviewed on this site are generally about the stock market or other financial markets. Naked Forex is specific to trading Forex, this is quite a rarity, which makes the book perfect for those seeking profitability through Forex trading.
It's a "Mentor"
The book is very well written, it actually feels like Walter is your personal mentor while you read the book. The style of the book is very practical and adds to the "Mentor" feeling while reading.
It's about Price Action
Trading Forex using price action is becoming ever-increasingly popular. Naked Forex does not offer a complete guide to price action analysis or price action trading, it does however teach simple but reliable price action techniques that can be used to trade Forex. If you would like to know how to make your price action set-ups more reliable, this book is for you. If you would like to learn about the basics of price action including price patterns, I would suggest reading something else. The book also focuses on trading Forex on higher time frames, such as the 4 hour, daily and weekly charts, perhaps not ideal for those wanting to become day traders.
It's written by a Current Forex Trader
Walter Peters is an American living in Australia. He is a fund manager and a Forex trader. He actively trades the Forex markets, some of his trading services are included on my Forex Course Reviews page, Forex Trading Signal Reviews and he is part my Top 10 traders.
If you are interested in learning more about price action trading or need some assistance in becoming profitable using price action, I strongly suggest reading 'Naked Forex'.
If you would like to purchase this book, please use this link if you are in the UK or this link if you are in the US.