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Roadmap - A Way To Read Markets

  • #3,361
  • Sep 25, 2020 3:04pm Sep 25, 2020 3:04pm
Quoting kofix11
{quote} Great results, concrat. Do you mind to upload your indicator (lower right corner)?
Click the paperclip at top of thread and go to page 2 of file attachments. It's called RoadMap Trend Band.
  • #3,362
  • Sep 25, 2020 3:11pm Sep 25, 2020 3:11pm
Quoting LauraT
{quote} Click the paperclip at top of thread and go to page 2 of file attachments. It's called RoadMap Trend Band.
Great, thanks! :-)
  • #3,363
  • Sep 25, 2020 5:36pm Sep 25, 2020 5:36pm
Quoting Swede
Should have a reasonable chance to hit target on cable today.....maybe even more this was a 200 sma test plus cci in confirmation {image}
Hija Swede - what settings are you running on your TTrend Indy??
  • #3,364
  • Sep 25, 2020 6:01pm Sep 25, 2020 6:01pm
Quoting neil001
{quote} Hija Swede - what settings are you running on your TTrend Indy??
Read from here

https://www.forexfactory.com/thread/...0#post13177150
  • #3,365
  • Sep 25, 2020 7:35pm Sep 25, 2020 7:35pm
comments please, GBPUSD H1
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  • #3,366
  • Sep 25, 2020 8:24pm Sep 25, 2020 8:24pm
Quoting neil001
{quote} Hija Swede - what settings are you running on your TTrend Indy??
200 for the main setting, 20 for the entry....although you can try different setting but that is what I use for cable pairs. Now the 20 is used as a warning of potential change in direction.....I do not use it to take trades like true cci traders who use such methods as hook from extreme, zero line bounce, zero line cross, etc. that was designed for futures traders. See post 3269.

Laura's method does not need added analyses so best not to confuse my take on the cci.....best to you!
  • #3,367
  • Sep 25, 2020 8:37pm Sep 25, 2020 8:37pm
Two trades on the DOW from earlier today. The first one I exited after a long bearish bar. The second I exited when price closed below the 8 EMA channel. As you can see I like to use a trend line break for entry. Sure I could have gotten more points on each trade, but I am happy with a nice win on each one.
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  • #3,368
  • Sep 25, 2020 11:55pm Sep 25, 2020 11:55pm
Quoting dbsdsun
comments please, GBPUSD H1 {image}
Hey dbsdsun. Just my thoughts.
Oops left it off the chart by but also you entered right on a nice round number 1.2700. That accompanied with the other areas of support would warn me off going short.


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I haven't been able to trade in almost 2 weeks. Hopefully next week I can post some trades and you will let me know what you see.
  • #3,369
  • Sep 26, 2020 1:20am Sep 26, 2020 1:20am
@laura what is the entry criteria for double channel 55 and what is the need for double channel anything special ? kindly explain or refer me to the post where it is explained. Many thanks.
  • #3,370
  • Sep 26, 2020 3:31am Sep 26, 2020 3:31am
Quoting unimak
@laura what is the entry criteria for double channel 55 and what is the need for double channel anything special ? kindly explain or refer me to the post where it is explained. Many thanks.
It's explained fully in my journal.
  • #3,371
  • Sep 26, 2020 6:38am Sep 26, 2020 6:38am
Quoting dbsdsun
comments please, GBPUSD H1 {image}
And, in addition to Chubbywookie's comments, looking left you chose to short on a lot of support - why?
every Saint has a past. Every Sinner has a Future
  • #3,372
  • Sep 26, 2020 7:45am Sep 26, 2020 7:45am
This is a sad story of the depression that can haunt a man.
Marcel was sick and tired of the world; of Covid 19, Brexit, Russian belligerence, global warming, racial tensions, yammering music in shops, and the rest of the junk that occupy media.
Marcel drove his car into his garage and selected his favourite radio station, then turned the volume just sufficiently to block out negative thoughts. He sat smiling until he drifted off to sleep.
Four days later, a worried neighbour peered through his garage window and saw him in the car. She notified the emergency services and they broke in to his garage. They had to cut the top off his car as the doors would not open and pulled Marcel from the car.
A little sip of water and, surprisingly, he was in perfect condition, but his top of the range Tesla had a dead battery.
MAKE SURE YOUR BATTERIES ARE FULLY CHARGED BEFORE YOU START TRADING!
  • #3,373
  • Sep 26, 2020 10:42am Sep 26, 2020 10:42am
New journal post - Mastering Trading (Step One)

Find it here: https://www.forexfactory.com/thread/...8#post13185758

Please keep any comments or questions in this thread as the journal is not interactive.

Thank you.
  • #3,374
  • Sep 26, 2020 10:57am Sep 26, 2020 10:57am
Quoting LauraT
New journal post - Mastering Trading (Step One) Find it here: https://www.forexfactory.com/thread/...8#post13185758 Please keep any comments or questions in this thread as the journal is not interactive. Thank you.
Just want to thank you for such a painfully truthful but profound post. I've been contemplating on what you called "self image" a lot lately. It can be applied to all things in life actually. We all know someone who continues to pick one abusive partner after another. It's the same for trading too. We can blame the whole world for our misfortunes, but ultimately our adversaries are nothing but self fulfilled prophecies. This is perhaps one of the most important life lessons to be learned. Thank you once again for taking your time to share your journey and methods.
  • #3,375
  • Sep 26, 2020 11:02am Sep 26, 2020 11:02am
Quoting zenkh
{quote} Just want to thank you for such a painfully truthful but profound post. I've been contemplating on what you called "self image" a lot lately. It can be applied to all things in life actually. We all know someone who continues to pick one abusive partner after another. It's the same for trading too. We can blame the whole world for our misfortunes, but ultimately our adversaries are nothing but self fulfilled prophecies. This is perhaps one of the most important life lessons to be learned. Thank you once again for taking your time to share...
Thank you for the positive response

Must admit, I was nervous about posting the journal entry because, as you say, it strikes at profoundly personal things about a person. I fully expect some to read it and recoil against it, but that's okay. Some might also dismiss it as psychobabble, which is fine too. But hopefully it will help at least one person on the journey to consistent profitability.
  • #3,376
  • Sep 26, 2020 11:16am Sep 26, 2020 11:16am
Quoting LauraT
{quote} Thank you for the positive response Must admit, I was nervous about posting the journal entry because, as you say, it strikes at profoundly personal things about a person. I fully expect some to read it and recoil against it, but that's okay. Some might also dismiss it as psychobabble, which is fine too. But hopefully it will help at least one person on the journey to consistent profitability.
What you did was admirable. I'd be terribly nervous too if I were you, but these are the things that really should be said more often but aren't. Maybe because they mostly fall on deaf ears. Will we ever realize that the one and only holy grail is none other than ourselves?
  • #3,377
  • Sep 26, 2020 3:11pm Sep 26, 2020 3:11pm
Quoting LauraT
New journal post - Mastering Trading (Step One) Find it here: https://www.forexfactory.com/thread/...8#post13185758 Please keep any comments or questions in this thread as the journal is not interactive. Thank you.
Excellent entry in your journal Laura, one that more or less gets completely overlooked with retail traders. And one that can take years to realise it. Most traders just dont get it, how hard can it be to stick to a successful strategy. Your totally going against human emotion within the subconscious mind. Which is why its incredibly difficult to go against what your subconscious is telling you to do, top stuff!
  • #3,378
  • Sep 26, 2020 3:30pm Sep 26, 2020 3:30pm
Quoting zenkh
{quote} What you did was admirable. I'd be terribly nervous too if I were you, but these are the things that really should be said more often but aren't. Maybe because they mostly fall on deaf ears. Will we ever realize that the one and only holy grail is none other than ourselves?
I have spent the last month almost solely learning about trading psychology. This is something I have always neglected. Which has led to pain and suffering. I guess I fall into the group of people who have to burn themselves over and over before realising there is another way to handle fire.
It has been a harsh lesson to learn, but also a liberating one.
We no longer need to look outside to find the answers to success. There are countless methods to make consistent money in this business.
None of them will work out for us if we cannot master our emotions first.

It's a sort of realisation similiar to this: Spending an hour looking for something, only to realise its in your hand...
This is the best way to describe the light bulb moment for me

Goodluck to you!
  • #3,379
  • Sep 26, 2020 3:51pm Sep 26, 2020 3:51pm
The last three responses are very welcome as it tells me there is an appetite for things that go beyond "buy/sell here".

I'm always thinking of how my journal can add extra value to this thread and, if anyone has a suggestion for potential topics, please do feel free to get in touch and I'll see if it's something I can write about.
  • #3,380
  • Edited 5:56pm Sep 26, 2020 5:35pm | Edited 5:56pm
Quoting LauraT
The last three responses are very welcome as it tells me there is an appetite for things that go beyond "buy/sell here". I'm always thinking of how my journal can add extra value to this thread and, if anyone has a suggestion for potential topics, please do feel free to get in touch and I'll see if it's something I can write about.
Hi Laura,
I want to say thank you for the last post (as well as all the others) in the Journal.
I hear Mr. D's words over n over again---It's a Random Event, and I don't believe I ever understood that. I am studying his work now---A million "Thank You's"

Like Kyle said above burning ourselves repeatedly, and failing to do anything about it is Insane.

Repeating mistakes but expecting a different result

So cut the BS Ben, and let me find my subconscious mate, cos we gonna sit down an have a serious debate to find out how we can change a few things.

My biggest mistake was trying to win every trade, not understanding that a series of trades, with a tried and tested methodology will provide a fearless trading environment.

Now that's an achievable and desirable outcome.---(Laura can do it, so can you)



My request for a topic is
Understanding the Sub Conscious Mind
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