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Notes
Notes
The naked trader does not take trades based on price reaching a zone, the
naked trader uses several tools to decide when to take a trade. However, the
naked trader will not take a trade unless price has reached a zone. This is the
first step (price reaching a zone) for the naked trader, when setting up a
trade.
Naked traders wait for price to reach these zones before initiating a trade.
The zone is the sweet spot on the chart for the naked trader/Please keep in
mind these three shortcuts when you are drawing your zones on the chart.
2. Use a line chart to find the zones on the chart. (The line chart allows you to
find those areas on the chart where price has bent)