Roadmap - A Way To Read Markets

Quoting btrfx1

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{quote} Hi Laura, A perfect example of your Rule and Roadmap---If I was looking over your shoulder yesterday I bet I would have seen the Dow Futs in your screen setup as well----$$$$$$ to you young lady. How did you colour the MA's and add the dashed MA?--or did you swing into an Indicator? Kind regards Ben

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Quoting naruponk

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Hi Laura, I have a quick question. my 1st trade was a good trade. Then I lost a small pip on trade number #1 How would you recommend me to avoid this trade? I normally enter a trade when the price inside the channel so, I took number #1 trade because the price was over SMA and the price went below the lower band and I guess it will go back to the Long side. number #2 I didn't take a trade because there was no retrace inside the channel. In this case, if I take a trade when the price just touches the channel where the SL should I place in your opinion?...

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Quoting naruponk

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Hi Laura, I have a quick question. my 1st trade was a good trade. Then I lost a small pip on trade number #1 How would you recommend me to avoid this trade? I normally enter a trade when the price inside the channel so, I took number #1 trade because the price was over SMA and the price went below the lower band and I guess it will go back to the Long side. number #2 I didn't take a trade because there was no retrace inside the channel. In this case, if I take a trade when the price just touches the channel where the SL should I place in your opinion?...

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Quoting LauraT

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Dax this afternoon. This is why we use SMA200 {image}

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Quoting lebollix

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Managed to get home early today and caught this trade on US30. Green dotted lines are levels, Red dotted are where I moved my stop. Took 50% profit in the blue box when the price started moving back upwards a bit too aggressively, let the rest run. My last stop movement isn't ideal at all, but it meant my account balance was at a nice psychological number for me. I feel like this trade still has legs in it but I've got things to do night and won't be able to manage it - so all in all very happy. 2 trades today, 2 winners. Quick question for Laura...

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Quoting lebollix

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Took a nice channel cross this morning with the DAX, took partial profits as planned - moved my stop a bit to secure a bit more on the part that was running. Decided to scale in! This was my first ever scale in, it wasn't planned at all - and it bit me in the ass. Luckily the remaining part of my first trade covered MOST of the damage - all in all a net positive result - I need to look into scaling a bit more and figure out the right situations to use it. {image}

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Quoting Gudza

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{image}EURJPY trade taken after price crossed the open line. Target was yesterday's low but bailed out at the pullback. Still suffering from the fear of losing. 3776177 USDJPY also taken after price crossed the open line, and target was yesterday's but closed at the pullback. Practicing flawless execution by doing Mark Douglas's 20 trades exercise.

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Quoting ChubbyWookie

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{quote} {quote} I really like the trades below. They seem to work well when coupled with the basic RoadMap rules and even better when you start to add confluences. Assuming the post doesn’t get removed I will add examples of others. You can also look at my previous posts. I will message Laura on how I use an oscillator to help filter trades and let her deiced if it’s worth sharing. And of course if this gets removed that will answer the question. Trades 200 cross (Laura often mentions however I usually wait for a retrace to the 200 or the 50 listed...

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