Trading In The Buff - Is It A Scam
Trading In The Buff is a new course developed by John Templeton. Its main focus is to teach people how to trade using solely price action techniques. It's main goal is to teach traders how to trade without indicators by just using basic price charts, just as bar charts. The name Trading In The Buff is based on this concept, otherwise known as "trading naked".
The course focuses on using price action to spot trends, counter trends, support & resistance, which can be used to predict solid entry positions and the ability to forecast future price movements. The course really focuses on original material, which is a bidg departure from most of the stuff that you get online. Unfortunately with much of the stuff being sold about forex trading, there does tend be some overlapping. As a matter of fact, sometimes it's just blatantly the same material over and over again.
Thankfully this is not the case with the Trading In The Buff Course. Quite frankly, everything that I was taught was completely new to me. You can really tell that John Templeton really took the time to create something all of his own, instead of just stealing some generic trading system. He really took his time to provide an in-depth analysis of price action, as he goes through the course with incredible detail. He wants to make sure that his customers really understand every point that he is trying to teach.
The entire course is presented in an orderly, step by step manner. After all the chapters in the book are read, there is a corresponding video which you watch that delves deeper into the concepts of the respective chapter. It' also very unique in that you also get to learn about the fundamentals. I think the problem with some price action methods, its that many traders can't really explain to others why exactly it works. To give you an example, look at trading candlestick patterns. In this case, you are really just memorizing. You memorize patterns like dojis, but you don't really understand the underlying reason of why it works.
Trading In The Buff actually explains the underlying reasons why the material works. For example, it explains in pure simple terms why there is are certain areas where you will find key support and resistance, as well as how a trend, (and even more importantly a counter-trend) can be spotted.
Another thing I like about the course is how simple it is. I find that many forex trading methods are almost purposely complicated. For example, take a look at Eliot Waves. On the other hand, though there are many trading methods that are so simple, it's almost insulting, like moving average crossovers. Trading In The Buff fall somewhere right in the middle. It's simple, but it also provide a lot of depth, which is a lot more than I can say for most courses.
Another thing its got going for them is their amazing customer service. I had a small problem understanding a particular concept about the trading method, so I emailed support about it. I was expecting the usual 2-3 business days that you get from most companies. But much to my surprise I got a detailed response within hours. Not only that, but I got a response from the creator, John Templeton, not somebody in his staff.
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. - 23200
The course focuses on using price action to spot trends, counter trends, support & resistance, which can be used to predict solid entry positions and the ability to forecast future price movements. The course really focuses on original material, which is a bidg departure from most of the stuff that you get online. Unfortunately with much of the stuff being sold about forex trading, there does tend be some overlapping. As a matter of fact, sometimes it's just blatantly the same material over and over again.
Thankfully this is not the case with the Trading In The Buff Course. Quite frankly, everything that I was taught was completely new to me. You can really tell that John Templeton really took the time to create something all of his own, instead of just stealing some generic trading system. He really took his time to provide an in-depth analysis of price action, as he goes through the course with incredible detail. He wants to make sure that his customers really understand every point that he is trying to teach.
The entire course is presented in an orderly, step by step manner. After all the chapters in the book are read, there is a corresponding video which you watch that delves deeper into the concepts of the respective chapter. It' also very unique in that you also get to learn about the fundamentals. I think the problem with some price action methods, its that many traders can't really explain to others why exactly it works. To give you an example, look at trading candlestick patterns. In this case, you are really just memorizing. You memorize patterns like dojis, but you don't really understand the underlying reason of why it works.
Trading In The Buff actually explains the underlying reasons why the material works. For example, it explains in pure simple terms why there is are certain areas where you will find key support and resistance, as well as how a trend, (and even more importantly a counter-trend) can be spotted.
Another thing I like about the course is how simple it is. I find that many forex trading methods are almost purposely complicated. For example, take a look at Eliot Waves. On the other hand, though there are many trading methods that are so simple, it's almost insulting, like moving average crossovers. Trading In The Buff fall somewhere right in the middle. It's simple, but it also provide a lot of depth, which is a lot more than I can say for most courses.
Another thing its got going for them is their amazing customer service. I had a small problem understanding a particular concept about the trading method, so I emailed support about it. I was expecting the usual 2-3 business days that you get from most companies. But much to my surprise I got a detailed response within hours. Not only that, but I got a response from the creator, John Templeton, not somebody in his staff.
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. - 23200
posted by X - Men @ 12:34 AM
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