Naked Trading Cheat Sheet

The
City Traders
NAKED TRADING
Strategy
Cheat Sheet
Includes complete entry and exit

checklist for a winning trading
strategy
The
City Traders
Your Trading Coach

ANDREW LOCKWOOD
Andrew is the founder of The City
Traders, with over 35 years of
experience in the financial markets.
Andrew began his trading career on the
London Stock Exchange and eventually
migrated into the trading pits on the
London International Financial Futures
Exchange (LIFFE). His focus was the
UK, US, and German bond pits as well
as FTSE and the sterling markets. He
has worked for some of the top
investment banks such as Warburgs, a
Swiss bank, and the Lehman brothers.
He has taught over 100,000 students

and has built up a YouTube and social
media following of over 350,000 and is
a known face in the industry.
THE CITY TRADERS

www.thecitytraders.com
The
City Traders
The Strategy
OVERVIEW
N AKED TRADING STRATEGY

This Naked Trading in Forex is critical to how I make
money in the markets daily. Once you have learned the
strategy and rules, the actual time spent finding these
simple setups is all done at the end of the day or either
the 4 hour timeframe. Taking away the stress of constant
monitoring of your trades.
In this strategy we will use Price Action analysis, making it

easier for you and remove the hurdles of over analysing
because if conflicting indicators.
Spend less time on screen and more time with things that
matters the most to you. Reduce stress and make more
profit!
It will blow your mind with how simple and easy to

understand this strategy is and also how profitable it can
be. I will break it down into simple, easy-to-digest chunks
and aim to remove all the guesswork and uncertainties
that often lead to an emotional car crash that many end up
in when they start learning to trade for the first time
THE CITY TRADERS

The
City Traders
The Strategy
OVERVIEW
WHAT TO LOOK FOR

We will cover the powerful price action, the
candlestick patterns that we look for, and how
to accurately draw support and resistance and
we’re going to give you the exact rules of entry
and exit.
CANDLESTICK PATTERN
Firstly, a crash course in candlesticks and the
candlestick patterns that we’re looking for so
we start on the same page. These are Japanese
candlesticks and they were invented over 200
years ago by the Japanese rice traders
THE CITY TRADERS

The
City Traders
ANATOMY OF CANDLE STICK

High High
Close open
Open Close
Low Low
CANDLE STICK PATTERNS
Bearish ENGULFING Bearish PINBAR
BULLISH ENGULFING BULLISH PINBAR
THE CITY TRADERS

The
City Traders
The Strategy
CANDLESTICK
PATTERNS
Learn more about the candlestick pattern

in this video:
THE CITY TRADERS

HOW TO
DRAW SUPPORT AND RESISTANCE
START WITH A FRESH CHART
CHANGE TO LINE CHART
THE CITY TRADERS

HOW TO
DRAW SUPPORT AND RESISTANCE
USE HORIZONTAL DRAWING TOOL TO PLACE
YOUR S&R AT KEY TURNING POINTS.
GO BACK TO CANDLESTICK CHART
THE CITY TRADERS

The
City Traders
The Strategy
support &
resistance
Learn more about the candlestick pattern
in this video:
THE CITY TRADERS

The
City Traders
The Strategy
RULES OF ENTRY
Look for key turning points using your support

and resistance. We need to enter, long or short
at the base or top of the candle pattern,
whether it is bearish/bullish engulfing or
bearish/bullish pin bar. We like to use a three
to five-pip buffer from the base or top of the
candlestick pattern
THE CITY TRADERS

The
City Traders
ENTRY RULES
Buy trade at support with
BULLISH ENGULFER
ENTER TRADE IN TWO PARTS
THE CITY TRADERS

The
City Traders
ENTRY RULES
BULLISH ENGULFER
THE CITY TRADERS

The
City Traders
Sell trade at resistance with

BEARISH ENGULFER
THE CITY TRADERS

The
City Traders
ENTRY RULES
Sell trade at resistance with
BEARISH ENGULFER
THE CITY TRADERS

The
City Traders
ENTRY RULES
BULLISH PINBAR
THE CITY TRADERS

The
City Traders
ENTRY RULES
BULLISH PINBAR
THE CITY TRADERS

The
City Traders
ENTRY RULES
Sell trade at resistance using
BEARISH PINBAR
THE CITY TRADERS

The
City Traders
ENTRY RULES
Sell trade at resistance using
BEARISH PINBAR
THE CITY TRADERS

The
City Traders
Holding on to Losing
trades because of
emotion, will kill your
trading account.
ANDREW LOCKWOOD
Founder & Trading Coach at thecitytraders.com
LET GO OF YOUR
LOSSES.
The Strategy
RULES OF EXIT
We look to take profits from the trade by
identifying key levels of support and
resistance. We will close long trades at
resistance and short trades at support. We
close the trade in two parts. When the first
profit target is hit we move the balance to
break even
THE CITY TRADERS

The
City Traders
Exit rules on buy trade

BULLISH ENGULFER
Exit rules on sell trade with

BEARISH ENGULFER
THE CITY TRADERS

The
City Traders
Exit rules on buy trade with

BULLISH PINBAR
Exit rules on sell trade with

BEARISH PINBAR
THE CITY TRADERS

The
City Traders
SAMPLE # 1
SAMPLE # 2
THE CITY TRADERS

The
City Traders
SAMPLE # 3
SAMPLE # 4
THE CITY TRADERS

The
City Traders
SAMPLE # 5
BACKTESTING
Make sure that you backtest this strategy for at
least 2 months on each intruments that you wish
to trade this with. It will give you better
understanding of the strategy and the simulated
results will give you ideas on when this strategy
is best to use. Don't be afraid to adapt this
strategy as your own, every trader is different,
find out how you can fit this in your trading style.
THE CITY TRADERS

The
City Traders
The Strategy
TRADERS MINDSET
When trading this strategy, make sure that you

don't get stuck in the Cycle of Doom, watch this
video to learn all about the Cycle of Doom.
THE CITY TRADERS

The
City Traders
What's Next?
TRADING CAPITAL
The effort you put in trading a $2,500 capital is the same
as the effort you put in trading a $25,000 capital... the
difference? When trading with bigger capital YOU MAKE
MORE MONEY! But we get it, not a lot of trader have
access to big capital or want to risk their life saving in
trading.
You're not alone, thousands of retail traders starts with

small capital, spending years building their trading capital
or hoping for that one jackpot trade! Here's a sample
calculation on how much profit can you make trading a
funded account.
SELF FUNDING VS THE CITY TRADERS

PROP ACCOUNT
THE CITY TRADERS

The
City Traders
FINAL THOUGHTS...
This is a powerful and back-tested strategy that I have
been using for many years. It is now for you to apply in
your trading, test it yourself and maybe even tweak it to
match your own trading style and personality.
I really want you to understand that - like any other

trading strategy - during your trading career you will
encounter losing streaks, which is normal. Every trader
goes through a losing streak, if it happens to you I
suggest that you stick with your strategy, don't get
caught up in the “Cycle of Doom”
You can make money trading the forex market, but it’s
like any skill or profession, it takes time, hard work, and
dedication to succeed. The trap many traders fall into
thinking forex trading is a get-rich-quick scheme. It is
not.
If you want to learn more about what we do at The City

Traders, we'd like to invite you to join us in our
community.
As a thank you for downloading this cheatsheet, we

have a gift for you.
THE CITY TRADERS


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The

Includes complete entry and exit

Your Trading Coach

He has taught over 100,000 students

THE CITY TRADERS

N AKED TRADING STRATEGY

In this strategy we will use Price Action analysis, making it

It will blow your mind with how simple and easy to

THE CITY TRADERS

WHAT TO LOOK FOR

THE CITY TRADERS

ANATOMY OF CANDLE STICK

CANDLE STICK PATTERNS

Bearish ENGULFING Bearish PINBAR

BULLISH ENGULFING BULLISH PINBAR

THE CITY TRADERS

Learn more about the candlestick pattern

THE CITY TRADERS

START WITH A FRESH CHART

CHANGE TO LINE CHART

THE CITY TRADERS

GO BACK TO CANDLESTICK CHART

THE CITY TRADERS

THE CITY TRADERS

Look for key turning points using your support

THE CITY TRADERS

ENTER TRADE IN TWO PARTS

THE CITY TRADERS

THE CITY TRADERS

Sell trade at resistance with

ENTER TRADE IN TWO PARTS

THE CITY TRADERS

THE CITY TRADERS

ENTER TRADE IN TWO PARTS

THE CITY TRADERS

THE CITY TRADERS

ENTER TRADE IN TWO PARTS

THE CITY TRADERS

THE CITY TRADERS

THE CITY TRADERS

Exit rules on buy trade

Exit rules on sell trade with

THE CITY TRADERS

Exit rules on buy trade with

Exit rules on sell trade with

THE CITY TRADERS

THE CITY TRADERS

THE CITY TRADERS

THE CITY TRADERS

When trading this strategy, make sure that you

THE CITY TRADERS

You're not alone, thousands of retail traders starts with

SELF FUNDING VS THE CITY TRADERS

THE CITY TRADERS

I really want you to understand that - like any other

If you want to learn more about what we do at The City

As a thank you for downloading this cheatsheet, we

THE CITY TRADERS

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