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  • #4,021
  • Nov 16, 2020 9:24pm Nov 16, 2020 9:24pm
Quoting zizzou123
hi laura can you please explain to me when to go long and short and also what is the usef on mtf chart. it would be really helpful if you would explain once more as i am confused. thank you
Start reading from page one.
All you touch and all you see, is all your life will ever be.
  • #4,022
  • Nov 16, 2020 10:21pm Nov 16, 2020 10:21pm
Quoting zizzou123
hi laura can you please explain to me when to go long and short and also what is the usef on mtf chart. it would be really helpful if you would explain once more as i am confused. thank you
Dear, I also recommend you to read only LauraT's posts from the beginning of the thread.

In a nut shell;

For Long:
8EMA channel need to fully cross (Channel Cross) 200 SMA upward and on MTF you need minimum 2 Time Frames of 4 on your side. (1M to 30M for short term and 1H to 1W for long term)

8EMA channel need to partially cross and fully reverse back (Channel Fail) 200 SMA upward and on MTF you need minimum 2 Time Frames of 4 on your side. (1M to 30M for short term and 1H to 1W for long term)


For Short:
8EMA channel need to fully cross (Channel Cross) 200 SMA downward and on MTF you need minimum 2 Time Frames of 4 on your side. (1M to 30M for short term and 1H to 1W for long term)

8EMA channel need to partially cross and fully reverse back (Channel Fail) 200 SMA downward and on MTF you need minimum 2 Time Frames of 4 on your side. (1M to 30M for short term and 1H to 1W for long term)

200 SMA is the bias. So you Long only when 8EMA channel is above it. For Short it need to be below.
Consistency & Patience
  • #4,023
  • Nov 17, 2020 12:03am Nov 17, 2020 12:03am
Quoting zizzou123
hi laura can you please explain to me when to go long and short and also what is the usef on mtf chart. it would be really helpful if you would explain once more as i am confused. thank you
Hi zizzou123, another suggestion would be to read Laura's journal: https://www.forexfactory.com/thread/...just-a-journal

It's only a bit over 1 page long as most peeps followed her wishes to not post there. But it sure has a lot of good helpful information.
Good Trading
  • #4,024
  • Edited 1:03am Nov 17, 2020 12:53am | Edited 1:03am
hi i did , im still confused. i didnt understand the part where she says when its green its long and red its short. does she mean we can go for a long trade when its green ,red for short trade or green its above 200ma , red below 200 ma we go for buy or sell?? like what are the timeframes used for ? does red mean below 200ma and green mean 200ma above . so if its m1 and m5 is green and m15 and m30 red then i can go for short sell and long buy for m15 and m30 mark?
  • #4,025
  • Nov 17, 2020 1:47am Nov 17, 2020 1:47am
good morning everyone, sorry for my english, i'm italian. Thanks to Laura for everything she shared. I wonder if the dax entry I made this morning was done correctly. i tried it on tf 30. when i performed the rsi operation it was under 50 and 3 red sma
thanks
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  • #4,026
  • Nov 17, 2020 2:39am Nov 17, 2020 2:39am
Scrappy Dax morning. Nibbling at the cheese. Got away with a short just above the 200ma and a long just underneath it, but got my hand smacked for trying two shorts ( the two "X's" near the 200ma)
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every Saint has a past. Every Sinner has a Future
  • #4,027
  • Nov 17, 2020 2:41am Nov 17, 2020 2:41am
Quoting zizzou123
hi i did , im still confused. i didnt understand the part where she says when its green its long and red its short. does she mean we can go for a long trade when its green ,red for short trade or green its above 200ma , red below 200 ma we go for buy or sell?? like what are the timeframes used for ? does red mean below 200ma and green mean 200ma above . so if its m1 and m5 is green and m15 and m30 red then i can go for short sell and long buy for m15 and m30 mark?
Hell -I'm confused after reading your post
every Saint has a past. Every Sinner has a Future
  • #4,028
  • Nov 17, 2020 2:46am Nov 17, 2020 2:46am
GM! The same here! Hate it when it is so indecisive!! Have nice day further on!!
  • #4,029
  • Nov 17, 2020 3:02am Nov 17, 2020 3:02am
Quoting Goyatrade
GM! The same here! Hate it when it is so indecisive!! Have nice day further on!!
Yes -there are a few RED flags on the FF Calendar - meetings etc.
every Saint has a past. Every Sinner has a Future
  • #4,030
  • Nov 17, 2020 3:52am Nov 17, 2020 3:52am
Quoting zizzou123
hi i did , im still confused. i didnt understand the part where she says when its green its long and red its short. does she mean we can go for a long trade when its green ,red for short trade or green its above 200ma , red below 200 ma we go for buy or sell?? like what are the timeframes used for ? does red mean below 200ma and green mean 200ma above . so if its m1 and m5 is green and m15 and m30 red then i can go for short sell and long buy for m15 and m30 mark?
Are you sure you are ready to begin trading anything? You seem extremely confused by the simplest of things. Perhaps a course over on BabyPips.com might be beneficial?
  • #4,031
  • Nov 17, 2020 4:47am Nov 17, 2020 4:47am
Quoting turnip15
Scrappy Dax morning. Nibbling at the cheese. Got away with a short just above the 200ma and a long just underneath it, but got my hand smacked for trying two shorts ( the two "X's" near the 200ma) {image}
Sods law in operation. Of course finishing at ten I was not around to take this lovely short when channel closed under 200ma
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every Saint has a past. Every Sinner has a Future
  • #4,032
  • Nov 17, 2020 7:28am Nov 17, 2020 7:28am
Afternoon off to a reasonable start. Again -lines are drawn pre-US open.
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every Saint has a past. Every Sinner has a Future
  • #4,033
  • Nov 17, 2020 8:18am Nov 17, 2020 8:18am
Lastly a scalp ( Short) to finish the afternoon.(Break of 8ma as per Laura Journal)
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every Saint has a past. Every Sinner has a Future
  • #4,034
  • Edited 8:33am Nov 17, 2020 8:22am | Edited 8:33am
We have a lot of lurkers here and I am conscious of posting too much again. So I am going to leave off posting for a few weeks and give others a chance to post their trades and comments for the benefit of all. Plus I find it hard work to trade and save/mark up stuff for posting ( I am no longer young)
every Saint has a past. Every Sinner has a Future
  • #4,035
  • Nov 17, 2020 8:43am Nov 17, 2020 8:43am
im just confused with long and short in channels.

if its long(green and upward trend)so we go for buy?

short(red and downward trend) so we go for sell?


In this picture ,

she signifies
'The up arrow signifies a long signal, down arrow a short signal and the X is the forced exit signal. Remember, the forced exit is only necessary if you haven't already taken profit manually.' But here if we go long its moving into the opposite direction

please assist
Attached Image
  • #4,036
  • Nov 17, 2020 12:25pm Nov 17, 2020 12:25pm
Quoting zizzou123
im just confused with long and short in channels. if its long(green and upward trend)so we go for buy? short(red and downward trend) so we go for sell? In this picture , she signifies 'The up arrow signifies a long signal, down arrow a short signal and the X is the forced exit signal. Remember, the forced exit is only necessary if you haven't already taken profit manually.' But here if we go long its moving into the opposite direction please assist {image}
The post you are referring to was from my journal and was a 20-trade exercise.

In terms of general roadmap 'rules' - you can go short if channel is below SMA200 and at least two of the four relevant MTF dashboard timeframes are red. Vice versa for longs.

In terms of where in the channel you enter, that's entirely up to you. Some people prefer to enter within the channel, some prefer to enter on 'wrong' side of channel, others prefer to enter on 'right' side of channel, as per the exercise you quoted.

Hope this helps clarify.
  • #4,037
  • Nov 17, 2020 1:35pm Nov 17, 2020 1:35pm
yes,Thank you very much laura. i've recently started trading, i've lost about 1500 usd by following telegram group signals finally i came across your thread , i'm so grateful for your strategy its more simpler than any of the ones ive come across. If you dont mind can you please elaborate or give more examples on the trendlines how to setup for more take profits.
  • #4,038
  • Nov 17, 2020 3:10pm Nov 17, 2020 3:10pm
Quoting turnip15
We have a lot of lurkers here and I am conscious of posting too much again. So I am going to leave off posting for a few weeks and give others a chance to post their trades and comments for the benefit of all. Plus I find it hard work to trade and save/mark up stuff for posting ( I am no longer young)
Hurry up back. Your posts are always inspiring.
All you touch and all you see, is all your life will ever be.
  • #4,039
  • Nov 17, 2020 9:33pm Nov 17, 2020 9:33pm
  •  313
  • | Joined Jun 2015 | Status: Strive and Overcome! | 46 Posts
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Hello this is my first attempt to use Roadmap strategy. I just finished reading up to page 20
Thank you LauraT for sharing this knowledge. I'll be really thankful for any advice on my trade.
  • #4,040
  • Nov 18, 2020 12:48am Nov 18, 2020 12:48am
Quoting 313
{image} Hello this is my first attempt to use Roadmap strategy. I just finished reading up to page 20 Thank you LauraT for sharing this knowledge. I'll be really thankful for any advice on my trade.
Hi - welcome

Please read my journal as you'll gain some information quicker than working through the thread from page 20. Especially the section on trendlines, as you will see that your entry was a little too quick.

Also, I wouldn't advise trading UJ on 1m. 5m+ would be more beneficial, I'd say.
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