Rob Booker 1 on 1 Day 2

April 21, 2006 by Trader Rich 

I was pretty busy at work yesterday so I only had a little bit of time to go through the MACD training lesson.  Not much to report with this lesson.

I have made a decision to start waking up at 3:50 a.m. EST 3-4 days a week to see what this does for my trading.  Rob has told me to apply New York Session rules during this time frame which requires boxing in the price action.  Instead of using the NY time period, the box in will occur between 00:00 GMT and 07:00 GMT which is 8:00 p.m. EST - 3:00 a.m. EST.  

Rob has said that it is important to do the audio/video stuff daily.  At the end of the NY trading session, Rob posts multiple videos for multiple pairs with his trading commentary which I find very beneficial.  He calls this Charting School.  Since he will be back at his home base next week, I believe he posts charting school before the session also which may give me some ideas on setups.

During the first few days of 1 on 1 trading, I am already very satisfied with the direction.  Though Rob has some generic trading strategies and rules that he wants you to learn, he is responsive to your emails and tries to work his strategies around your interests and style.  He even told me that as soon as next week, he will start to post some Euro review session like he does for the New York session.  Now I don't know if this is just for me or if others have requested this but since I will be trading the Euro session in the upcoming weeks, this can only help my trading.

Rob was away this week writing his book which I think we will be getting a pre-release preview of.  

I will try to post as much as possible regarding my 1 on 1 trading going forward.  My posts in the upcoming weeks will give you a pretty good idea of what I've been learning so keep tuned.   

Popularity: 2%

Comments

Feel free to leave a comment...
and oh, if you want a pic to show with your comment, go get a gravatar!