Once again!! Always trade with the trend!! | Forex Factory

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Once again!! Always trade with the trend!!

  • #1
  • First Post: Jan 31, 2010 8:50pm Jan 31, 2010 8:50pm
Stop wasting time on scalping. Go for the big pips! Trend is your best friend!
use the master's settings. R. Booker! 5,13,62 EMA. Thats all you need. To keep this short (brief), trade with the trend.
Long position - 13 crosses above 62 and 5 crosses above 13.

Short Position - Vice Versa!

Good for anytime frame suggest trading 1hr or More.
Preferably 4hr and Daily TF.

Take Care,

Backtest it and see how effective it is and put your own twists and indicators for confirmations if you want.
  • #2
  • Jan 31, 2010 9:27pm Jan 31, 2010 9:27pm
good trading strategy and thanks
  • #3
  • Jan 31, 2010 9:42pm Jan 31, 2010 9:42pm
excellent short and sweet, YES i suggest this simple yet very powerful method for all.
  • #4
  • Jan 31, 2010 9:50pm Jan 31, 2010 9:50pm
Quoting BuffetDimon
Stop wasting time on scalping. Go for the big pips! Trend is your best friend!
use the master's settings. R. Booker! 5,13,62 EMA. Thats all you need. To keep this short (brief), trade with the trend.
Long position - 13 crosses above 62 and 5 crosses above 13.

Short Position - Vice Versa!

Good for anytime frame suggest trading 1hr or More.
Preferably 4hr and Daily TF.

Take Care,

Backtest it and see how effective it is and put your own twists and indicators for confirmations if you want.
I read about this simple mothod but the EMA were different infact I saw 10, 25 and 50 EMA.
Can you explain why you choose 5, 13 and 62?
  • #5
  • Jan 31, 2010 10:08pm Jan 31, 2010 10:08pm
This is not my settings. It is the settings of the Forex master. Rob Booker. Do a little research about him and see. Just try these settings and backtest it to see for yourself.
  • #6
  • Jan 31, 2010 10:35pm Jan 31, 2010 10:35pm
Ok, for me is too simple... if it works well everyone would use it, but I will try
I really like to backtest it but I got some issue with it.... I have some problems with vhands
  • #7
  • Feb 1, 2010 6:58am Feb 1, 2010 6:58am
Just try it and see. Backtest it and set your own rules if you like.
  • #8
  • Feb 1, 2010 7:12am Feb 1, 2010 7:12am
Hi Rob/Rob's assistant. Business down these days? Why don't you go trade for yourself? Oh wait... you probably don't know how to, and hence you're teaching.
  • #9
  • Feb 1, 2010 8:33am Feb 1, 2010 8:33am
Quoting qweabc
Hi Rob/Rob's assistant. Business down these days? Why don't you go trade for yourself? Oh wait... you probably don't know how to, and hence you're teaching.
Can you explain why the method doesn't work?
  • #10
  • Feb 1, 2010 10:35am Feb 1, 2010 10:35am
Rob Booker is an amazing forex success story. He trades full time for living.
  • #11
  • Feb 1, 2010 11:38am Feb 1, 2010 11:38am
You sure thats the Rob method?

The problem in MAs crossover is it also gives false signals.
  • #12
  • Feb 1, 2010 6:16pm Feb 1, 2010 6:16pm
Quoting AQs
Can you explain why the method doesn't work?
Of course I can't explain!!! Rob Booker is such a nice human being that he wants to help everyone in the world make money. So, he will sell you for cheap, a nice money making system that will make you a lot of money!!!

If Rob has such an awesome system, why does he need to sell seminars and systems. Why does he not just make that money by trading his OWN system and then give out lessons/seminars for FREE if he's all about helping others out?

The Turtle experiment, I understand. People claiming to be very good traders and offering to sell their methods to you are liars and cheats.
  • #13
  • Feb 1, 2010 7:09pm Feb 1, 2010 7:09pm
Well said. Your entitled to your opinion. No one is being interrogated to trade this system. This is one of Rob's strategies. As a matter of fact, I'll give everyone his ebook PDF! Type in the web link and read it. God bless you all.
Just trying to help. Read it and see. Including you sir and tell me what you think. Im very sorry if I pressured you to do doing anything against your will.
  • #14
  • Feb 1, 2010 7:35pm Feb 1, 2010 7:35pm
Quoting qweabc
Of course I can't explain!!! Rob Booker is such a nice human being that he wants to help everyone in the world make money. So, he will sell you for cheap, a nice money making system that will make you a lot of money!!!

If Rob has such an awesome system, why does he need to sell seminars and systems. Why does he not just make that money by trading his OWN system and then give out lessons/seminars for FREE if he's all about helping others out?

The Turtle experiment, I understand. People claiming to be very good traders and offering to sell their...
Hola guys!
You do have point there....but there is also another point..for example why microsoft have xbox? why not they just focusing on their billion empire creating OS for pc..? why apple have ipod?
  • #15
  • Feb 1, 2010 7:37pm Feb 1, 2010 7:37pm
I'm feeling dumb
  • #16
  • Feb 1, 2010 7:53pm Feb 1, 2010 7:53pm
Here is the link
http://www.robbooker.com/books/5_13_62.pdf

This is more explanatory and adds more to what I said earlier. I was too brief I admit. But check it out. I dont think it is rob's #1 strategy but it is one of his mains ones. I may be wrong. Lastly, I would add RSI 14 (50% line crossing) and Stochs 9,2,3 settings to confirm. In other words this is a combo of Bagavino method + Rob's Method. This should equal profit if you asked me.
  • #17
  • Feb 1, 2010 8:13pm Feb 1, 2010 8:13pm
Quoting microsuck_36
Hola guys!
You do have point there....but there is also another point..for example why microsoft have xbox? why not they just focusing on their billion empire creating OS for pc..? why apple have ipod?
lol. Free free to give your money to Rob Booker. I'm not going to waste my time and energy trying to convince you. I can show your the door, but I can't force you through it. Those who are smart enough, will see my post, understand and not waste money, and those who aren't, deserve to lose their money.

Dont be offended as I'm not trying to be mean.
  • #18
  • Feb 1, 2010 8:21pm Feb 1, 2010 8:21pm
Quoting qweabc
lol. Free free to give your money to Rob Booker. I'm not going to waste my time and energy trying to convince you. I can show your the door, but I can't force you through it. Those who are smart enough, will see my post, understand and not waste money, and those who aren't, deserve to lose their money.

Dont be offended as I'm not trying to be mean.
lol, I agree with with... but the same thing should applied here. Why people's helping each other if they know a profitable system?
  • #19
  • Feb 1, 2010 8:22pm Feb 1, 2010 8:22pm
Quoting qweabc
lol. Free free to give your money to Rob Booker. I'm not going to waste my time and energy trying to convince you. I can show your the door, but I can't force you through it. Those who are smart enough, will see my post, understand and not waste money, and those who aren't, deserve to lose their money.

Dont be offended as I'm not trying to be mean.
no problem bro non taking...honestly i have no idea who is rob booker lol..
  • #20
  • Feb 1, 2010 9:04pm Feb 1, 2010 9:04pm
Quoting AQs
lol, I agree with with... but the same thing should applied here. Why people's helping each other if they know a profitable system?
Several reasons.. They like to help or they think that the more people use the system, the more profitable it will be, etc. The point is, its free (on ForexFactory). You can use it on a demo, and if and when it is profitable, you can go live. But, if you pay say $2k for a system, and it fails in demo, you are still out $2k...

You can buy some good books on MM, discipline etc. I don't mind spending a few hundred on some good quality books. But, you just cannot benefit from a $2k seminar or system.

You really want to make money? Come up with a BS system and sell it on Ebay. Seriously!!! These things sell for > $100 a piece. Imagine if you can sell 10 a week. You'll be rich in no time. Unfortunately I have neither the time nor the patience to learn MT4.... But an extra $1k a week would be nice.

Rob Booker (and many others like him) just takes it to the next level... Instead of selling something for $100, let me build an image as a successful trader and sell the same system for $2k... Its still useless...
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