gaoxing

amazing I read about this exact system on 1 of the metatrader forex forums back in 2006-2007. The premise that trading less frequently was good. Also at least 1 well known system developer has a system with good results called: "buy monday, sell friday". On that forum thread someone wrote a metatrader EA. Being a newbie at the time I moved onto other things, but also just because it was metatrader, how trustworthy was the testing etc. Interesting too see this again.

Yes time and time again it is amazing to witness the market's price move according the lies of the Goverment Statistic & News Media. Like so many blatant ironic paradoxes of modern life "fighting for peace", etc. etc. it seems people get used to it as they are preoccupied with their own personal issues regarding personal and future security for them and their families. I recently saw the new Sterlock holmes film and thought....hmm just like Iraq?

Yeah this is common stop run pattern, but sometimes it will continue. GBPUSD is always a bit more whippy than the other majors in this regard.

Back in 2006 it was fun to watch the DOW and trade GBPJPY, but those days are long gone. Sure correlations still exist, the correlation coefficient is realtime, frankly I am surprise no one has created a derviative of the coefficient to trade....sure there are some out there that use that stuff... buy eurusd/sell usdchf??? what about eurchf...pretty steady now, if SNB intervenes well there goes that steady coefficient. Correlations are only interesting when they disrupt...market makers use fractional disparity to sweep stops but using the crosses pairs. Bonds and Indices selling off, Japanese Yen depreciates, 2-3 days later Bond and YEn retrace but not Indices? weird..shifting dynamics...money moves in mysterious ways. but sure the Social Appy stary and your gizmo thing is al-a-mode, so make an app, def. Don't blame me if everybody wakes up one day and decides that real sex is better.

looks alot like boris slossberg's flow trades

btw anyone who doesn't want to part with the large chunk of cash 'educators' like Boris or Rob cost is indeed encouraged to get a seminal work on technical analysis. Try Technical Analysis of Stock Trends 9th edition by Edwards & Mcgee it doesn't matter if you just want to trade forex or not, the basic solid grounding in the essential elements of technical analysis will put you well ahead of anything you can buy from Rob Booker. Boris has some good thoughts which he mostly gives out for free anyhow. You don't need to pay Boris to trade flow, the calendar calls are mostly wrong and although apparently the actually trades called based on them have good performance, I did try them and found they did not suit me... Frankly I followed many signal services, and I just found I cannot follow anyone else. The best is to learn for yourself, make your own mind up. Don;t be a sheep...a follower

It is interesting at the end of the webinar... someone comments "now you going to try and sell us something" Rob used his joking loose attitude to shake it off, then he did some Neurolinguistic Programming mindtrick to flip people into thinking he was doing them some sort of favor by giving them a free trial on his new website, but going there you quickly find out the trial is only 4 days, then he wants $40 a month....u have to give the credit card up front, you will forget to cancel and he'll get the US wealth points. Surely that is an easy buy for some, that is like the spread of 1 lot in some pairs. You get a glance of his paypal account...surely he is selling them like cookies, when you get coverage like Rob you can easily pull in alot of attention....easily 40k a month or so, probably alot more than traders like us who work day in and day out without the support of our forex marketing activities for our bread can easily conceive. Then all these strategies have hip sounding names, the 'Wallabe' the 'Arizona Rules' and his seminars have cool hip looking logos, like Rob in Hawaii, etc. Just makes u sick, but this sort of thing hooks the newbie, who gave it a shot, lost some money, is tired of searching thru the forums and think they can easily just throw some money at happy rich easy-going sort of guy like they would like to be when they are finally successful to sort it out for them...just to be deeply disappointed that absolutely no one can do this for them. There are not short-cuts, you got to do your own homework and spend your time in the market learning the ropes. After awhile the Jedi mindtricks of the forex marketers just don't work anymore. Perhaps part of you dislikes the blatant manipulation and the other part wonders if perhaps you should start some website selling your own systems, learn SEO and writing ad copy with psychologically manipulative sales tactic and start a lucrative sideline selling crap to newbies.... ....but really is that why you got into trading.... I do indeed sign relief when I see the various forex marketing review sites that have cropped up, allowing others to share their experiences and feel glad I didn't get suckers by the Rob Booker thang, and actually glad there is at least something out there people can google before their purchase if they are wise enough to vet for these things before their purchase. Indeed, when I was a newbie I just gave my money to other marketers. I am immune to them now, but after a tough day in the markets ( which still happens after 7 years of trading) I can still feel a little tingle in my head thinking "why not dump this strategy and try this other thing with 'guarenteed' results, etc...but I catch my thoughts and think "No I am the expert now, not those other fuckers, I am the one that knows best, I don't need those other people's stuff, I got a good piece of grey matter between my eyes and I will prevail...and if I screw up I will pick myself up and study more, work more, analysis more, etc" This Rob Booker guy doesn't have anything special my own brain is not able of doing on its own.