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Roadmap - A Way To Read Markets

  • #3,221
  • Sep 21, 2020 3:37pm Sep 21, 2020 3:37pm
Quoting Matteorossi
This is my first (and probably my last) post. I signed up only to write to Laura. I have read her entire interesting thread , and have seen published almost only winning trades. Dozens and dozens of screenshots with Laura's winning trades. Perfect entries and -above all- perfect exits only. Especially the exits are perfect, too perfect. You know, in trading the entries are quite easy, but the exits are difficult: instead Laura manages to cover the whole trend, collecting all the pips. Mah ... TE ?, myforexbook ?: no , just meager screenshots with...
I was surprised that it took this long for some one "entitled" to "demand" a TE, statements as sign of success of the thread starter - In FF it usually happens with in the first 20 or 30 pages

Before and during the initial stages of using the Roadmap - I was trading currencies, but these days I primarily trade index futures mostly Dow, once in a while Nasdaq and still trade currencies some times. As with any new system, initially there were struggles, it took time and effort to get where I'm today. In the initial days there are times where I have literally stared at the chart for 12 hours straight without taking trade - just to understand the system. Laura was patient in answering all my questions, providing guidance both in the forum and in the trading room, which helped me to become a better trader today than I was 6 months ago and which in turn helped me to double my account - all you have to do is, understand the roadmap and trade with in the rules of it - not every trade will be profitable, Laura has said that many times very clearly, As she says - as long as you follow the rules, the probability of the trade being successful is much higher.

As @TheG-Lover said, none of us have to post TE, statements etc. in a public forum, @Laura already posts her trades - anyone interested to learn can certainly learn many things just from those charts!

@Laura - Thank you for this thread, live trading room and most importantly your guidance and encouragement !!!
  • #3,222
  • Sep 21, 2020 4:37pm Sep 21, 2020 4:37pm
Quoting Matteorossi
This is my first (and probably my last) post. I signed up only to write to Laura. I have read her entire interesting thread , and have seen published almost only winning trades. Dozens and dozens of screenshots with Laura's winning trades. Perfect entries and -above all- perfect exits only. Especially the exits are perfect, too perfect. You know, in trading the entries are quite easy, but the exits are difficult: instead Laura manages to cover the whole trend, collecting all the pips. Mah ... TE ?, myforexbook ?: no , just meager screenshots with...
If you don't like what you see on here, don't read it. Laura has to be one of the most genuine people in FF. She gives her valuable time and help freely. She asks for nothing in return. What's Italian for "bog off"?
All you touch and all you see, is all your life will ever be.
  • #3,223
  • Sep 21, 2020 6:35pm Sep 21, 2020 6:35pm
Quoting Matteorossi
This is my first (and probably my last) post. I signed up only to write to Laura. I have read her entire interesting thread , and have seen published almost only winning trades. Dozens and dozens of screenshots with Laura's winning trades. Perfect entries and -above all- perfect exits only. Especially the exits are perfect, too perfect. You know, in trading the entries are quite easy, but the exits are difficult: instead Laura manages to cover the whole trend, collecting all the pips. Mah ... TE ?, myforexbook ?: no , just meager screenshots with...
I am one of the lucky ones that is part of Laura's live group. So I can say that all her trades are real and in real time. A lot of times she will comment to see if others are in on the same trade. They aren't perfect as she many times posts a trade and then comments she is late to the party or something similar. She just likes posting the winners because this gives others confidence that if done right they can be successful as well using the Roadmap. She gives and gives and gives and expects nothing in return. She just takes joy with helping others become successful. Look at how quickly she answers all the questions posted on the thread. Ask her anything and she will be happy to help. To me that is priceless! Everyone is welcome to their opinion. But at least try out the system and if it doesn't work for you then move on.
  • #3,224
  • Edited 7:52pm Sep 21, 2020 6:35pm | Edited 7:52pm
If your running a page of say 6 charts, here is a little tool you might like....see how it removes borders between charts and gives you a little extra real estate per page.

edit.....when you click on the indicator to place it on your chart please check the “allow modification to signal settings” in the “common” tab
Attached Image (click to enlarge)
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Attached File(s)
File Type: ex4 Toggle borders.ex4   11 KB | 333 downloads
  • #3,225
  • Sep 22, 2020 12:25am Sep 22, 2020 12:25am
First trade back from Hol. Quick scalp text book set up.
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  • #3,226
  • Sep 22, 2020 12:35am Sep 22, 2020 12:35am
Hey

I'm also one of the lucky ones to be able to trade alongside with Laura on a daily basis and I know I'm a bit lazy when it comes to posting here on FF. However after these accusations I now feel the need to speak up here and join the others by stressing that every trade she posts is legitimate. I can assure you of this.

I'm not posting this only as an direct answer to Matteorossi but also to everyone else reading that may have doubts in that matter.


I'm so grateful that I stumbled across this thread six months ago - Thank you Laura
  • #3,227
  • Sep 22, 2020 12:45am Sep 22, 2020 12:45am
The power of knowing the initial daily sentiment/ mood. GBP getting squeezed again, dollar/ Yen strength. Thats it for the day. I dont have the mental focus to sit watching charts all day, end up giving back gains if i go on and trade the US session unless there is a big fundi catalyst.
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  • #3,228
  • Sep 22, 2020 12:49am Sep 22, 2020 12:49am
This when NOT to trade! FTSE so far this morning
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  • #3,229
  • Sep 22, 2020 12:53am Sep 22, 2020 12:53am
Quoting Scrambleguy
This when NOT to trade! FTSE so far this morning {image}
For sure! I have nightmares about those kind of charts
  • #3,230
  • Sep 22, 2020 1:03am Sep 22, 2020 1:03am
Quoting LauraT
{quote} For sure! I have nightmares about those kind of charts
Could be a tricky day Laura, such big moves yesterday it may end up choppy on indices.
  • #3,231
  • Sep 22, 2020 1:09am Sep 22, 2020 1:09am
Quoting Scrambleguy
{quote} Could be a tricky day Laura, such big moves yesterday it may end up choppy on indices.
Agreed. It's 'watch and see' mode right now. If I had to predict I'd say the US session will be a retracement session but, as always, I'll be guided by what actually happens.

Stay safe
  • #3,232
  • Sep 22, 2020 1:13am Sep 22, 2020 1:13am
Quoting Scrambleguy
This when NOT to trade! FTSE so far this morning {image}
Yes -one has to bear in mind that trend days can be followed by non trend days. Well done SG -being able to stand aside is a discipline it took me a while to learn.
every Saint has a past. Every Sinner has a Future
  • #3,233
  • Sep 22, 2020 1:17am Sep 22, 2020 1:17am
Hi,
I am new in programming expert and trading forex too, I need to build forex automatic trading system based on attached image condition for only "Buy Direction" mt4

Buy order if condition reached
-Take profit
-Stop loss

At start of program:
No order to be made at start of EA, to be off waiting for next signal

Extra care:
If internet connection disabled and then connected, expert to continue running cycle should not repeat orders.
If trading program connection disabled and then connected, expert to continue running cycle should not repeat orders.
If trading program closed then re open, expert to continue running cycle should not repeat orders.

Thanks
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  • #3,234
  • Sep 22, 2020 1:20am Sep 22, 2020 1:20am
Quoting turnip15
{quote} Yes -one has to bear in mind that trend days can be followed by non trend days. Well done SG -being able to stand aside is a discipline it took me a while to learn.
But action on Nasdaq okay from the off around 8am -then a bit choppy losing on a short Matteo, then long over 200 with a Laura Example 2 long.
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every Saint has a past. Every Sinner has a Future
  • #3,235
  • Sep 22, 2020 1:26am Sep 22, 2020 1:26am
Quoting turnip15
{quote} But action on Nasdaq okay from the off around 8am -then a bit choppy losing on a short Matteo, then long over 200 with a Laura Example 2 long. {image}
Hi Turnip, yes i saw that had it pinned just didnt pull the trigger and a bit of doubt in my mind, so no trade
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  • #3,236
  • Sep 22, 2020 1:43am Sep 22, 2020 1:43am
Hi Laura,

I just wanted to thank you for sharing your techniques and being so quick to help others understand the nuances of your system. I haven't seen a thread like it on FF. I've been trying to get away from unreliable indicators and focussing on the big picutre instead, and so far this seems to be just the ticket.

Will be posting some charts the next few days/weeks.

All the best,
David
  • #3,237
  • Edited 2:28am Sep 22, 2020 2:12am | Edited 2:28am
Quoting turnip15
{quote} But action on Nasdaq okay from the off around 8am -then a bit choppy losing on a short Matteo, then long over 200 with a Laura Example 2 long. {image}
Hi Turnip , some question as I see your chart doesn't have the daily open line so do you use it? Example as below your entry is near to daily open line so does it matter as we might see reaction at the daily open line so it is advisable to have entry near the line as I'm always doubt on this hope you can share me some of your experience ,thank you
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another example here is the channel is almost crossing sma200 but with near daily open line and previous day low should we step aside and not taking these trade?
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  • #3,238
  • Sep 22, 2020 3:16am Sep 22, 2020 3:16am
Quoting Matteorossi
This is my first (and probably my last) post. I signed up only to write to Laura. I have read her entire interesting thread , and have seen published almost only winning trades. Dozens and dozens of screenshots with Laura's winning trades. Perfect entries and -above all- perfect exits only. Especially the exits are perfect, too perfect. You know, in trading the entries are quite easy, but the exits are difficult: instead Laura manages to cover the whole trend, collecting all the pips. Mah ... TE ?, myforexbook ?: no , just meager screenshots with...
As i can see from your profile, you are a new member here. I have joined FF in 2008, 12 years back. To be honest Laura, is doing a great job here teaching anyone willing to learn to be on the safe side of trading.

If you fail in being successful following her strategy.... may be you have more to learn... In FX as i learnt, you fail mean there's something you need to learn. That's why more than 80-90 % fails. And nobody has forced anyone to do anything here. It's all your freedom.

Thanks to Laura, i start reading the market. Could hunt 40 pips in 03 trades.
Consistency & Patience
  • #3,239
  • Sep 22, 2020 3:35am Sep 22, 2020 3:35am
Hi all

two GU lost trades for today.

I share to learn more, thank you for helpful comments.

Attached Image (click to enlarge)
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first trade is long
second is short

Thanks.
  • #3,240
  • Sep 22, 2020 3:37am Sep 22, 2020 3:37am
Quoting ardalan91
Hi all two GU lost trades for today. I share to learn more, thank you for helpful comments. {image} first trade is long second is short Thanks.
Hi

You are trading a pair that has RSI in no-man's land (above 40 and below 60). Much better to initially aim for longs when RSI above 60 and shorts when below 40.

Hope this helps.
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