If you have ever come across the term ‘naked forex trading’ in the past, you may have been (understandably) intrigued. Needless to say it is not a literal term, but is used to describe a certain style and technique of forex trading. Most forex traders rely on technical analysis books written for stock, futures, and option traders. However, long before computers and calculators, traders were trading naked. Naked trading is the simplest (and oldest) trading method. It's simply trading without technical indicators.