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Attachments: Roadmap - A Way To Read Markets
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Roadmap - A Way To Read Markets

Quoting arunthegreat
{quote} any link for hanover scanner tool please?
https://www.forexfactory.com/thread/...aurats-roadmap
Plan, Prepare, Execute, Repeat
Quoting swingtrade65
{quote} https://www.forexfactory.com/thread/...aurats-roadmap
Thanks man
Arun
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Morning trade(s)

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Plan, Prepare, Execute, Repeat
Quoting swingtrade65
{image} Morning trade(s) {image}
Closed both trades..... +20 and +25
Plan, Prepare, Execute, Repeat
A good afternoon on Nasdaq -wish it always trended like this
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every Saint has a past. Every Sinner has a Future
Yoji turnip15 How is lisa
I Mean Laura
New Trade

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Plan, Prepare, Execute, Repeat
Going to higher timeframe these days.

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Good morning all,

On a daily TF, would the orange box be sufficient pullback after a channel cross? Price is currently around key area and i am awaiting a reaction.
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Quoting RachelB
Good morning all, On a daily TF, would the orange box be sufficient pullback after a channel cross? Price is currently around key area and i am awaiting a reaction. {image}
Hi,

Anywhere in the vicinity of the upper channel line should be fine. Sometimes you'll get a retracement inside the channel but other times it won't get back inside.
Quoting LauraT
{quote} Hi, Anywhere in the vicinity of the upper channel line should be fine. Sometimes you'll get a retracement inside the channel but other times it won't get back inside.
Thanks Laura! I appreciate your time. Currently watching to see how price reacts to TL to decide on entry.
Quoting LauraT
{quote} Hi, Anywhere in the vicinity of the upper channel line should be fine. Sometimes you'll get a retracement inside the channel but other times it won't get back inside.
Thanks Laura! I appreciate your time. Currently watching to see how price reacts to TL to decide on entry.
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Great start to US open Nasdaq
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every Saint has a past. Every Sinner has a Future
Quoting turnip15
Great start to US open Nasdaq {image}
nice entry. do u hold till closing or came out
Arun
Quoting arunthegreat
{quote} nice entry. do u hold till closing or came out
I onlyy trade for a couple of hours . So coming out depends on price action or the end of my time slot. Here I came out after the pin. Not going yo lose all those points.
every Saint has a past. Every Sinner has a Future
Quoting LauraT
{quote} Hi, Anywhere in the vicinity of the upper channel line should be fine. Sometimes you'll get a retracement inside the channel but other times it won't get back inside.
Hmm Nice
Hi Traders!
This is my today's loosing trade on AUDCAD:
It was a Channel cross of Yesterday's Low (I have noticed, the Channel cross strategy works not only on SMA200, but on other levels also = daily open, yesterday hi & lo, ADR hi & lo). It went into red numbers immediately. I set pretty tight S/L - 8,4 pips.
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off we go.
Patience always pays - price trapped between line to left and bounced along a lower level of approx 1413. (Note important psychological level of 1400 just below.)
Next to blue arrow is decisive drop below the triangle I had watched and marked forming.Enter short on break -stop is red candle to left of entry arrow and off it went below 14000.
Price is now doing another bounce sideways before choosing a direction.
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every Saint has a past. Every Sinner has a Future
Quoting turnip15
off we go. Patience always pays - price trapped between line to left and bounced along a lower level of approx 1413. (Note important psychological level of 1400 just below.) Next to blue arrow is decisive drop below the triangle I had watched and marked forming.Enter short on break -stop is red candle to left of entry arrow and off it went below 14000. Price is now doing another bounce sideways before choosing a direction. {image}
Well done and excellent explanation, thanks!!
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