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Roadmap - A Way To Read Markets

  • #4,741
  • Jul 18, 2021 4:15am Jul 18, 2021 4:15am
Quoting Nk0
Hi! First and foremost I want to thank LauraT for sharing her time and strategy witch a bunch of strangers on the internet I wish you the best in life. I've been eating post after post for the last week and a half, the journal too . I'm fairly new to Trading (thanks quarantine I guess)... and have been growing my account trough signals services so far and it's time for me to take a full dive into this world. Even though this tread is not as active as it used to be (most if not all of the information regarding this strategy has already been displayed...
Hi,

Thanks for your kind words.

Yes, by all means please feel free to share your trades. I am sure I or others will also be able to give you some feedback if you want it.
  • #4,742
  • Jul 18, 2021 8:24am Jul 18, 2021 8:24am
Dear LauraT,
ma_chanels_fiboMOD2.ex4 Indicator provided seems promising to take reversal trades. Any idea to get alerts on similar indicator. Thanks.
Consistency & Patience
  • #4,743
  • Jul 18, 2021 8:29am Jul 18, 2021 8:29am
Quoting coolsjc
Dear LauraT, ma_chanels_fiboMOD2.ex4 Indicator provided seems promising to take reversal trades. Any idea to get alerts on similar indicator. Thanks.
Here is a re-worked version with alerts.

Attached File(s)
File Type: ex4 Fibo Band.ex4   14 KB | 982 downloads

Hope this helps.
  • #4,744
  • Jul 31, 2021 5:31am Jul 31, 2021 5:31am
Quoting LauraT
New Journal post: https://www.forexfactory.com/thread/...2#post13618562
Dear Laura,

Thank you for writing the Traders Bible, this is a gorgeous and mind-opening guide with a deep exploration of your own mind.
As most traders here I would like to improve my trading in the chop mode market conditions and your strategy looks promising with the right attitude.

I think for the trader the surrounding is crucial like in any other field as it cuts the learning curve.

What level of members are you collecting into the slack group and do you still do the group?
  • #4,745
  • Jul 31, 2021 5:47am Jul 31, 2021 5:47am
Quoting CloseMonet
{quote} Dear Laura, Thank you for writing the Traders Bible, this is a gorgeous and mind-opening guide with a deep exploration of your own mind. As most traders here I would like to improve my trading in the chop mode market conditions and your strategy looks promising with the right attitude. I think for the trader the surrounding is crucial like in any other field as it cuts the learning curve. What level of members are you collecting into the slack group and do you still do the group?
Hi,

Thanks for your kind words.

Unfortunately I'm not currently able to mentor anyone via Slack. The best I can offer is assistance via my threads and journal.
  • #4,746
  • Aug 5, 2021 3:44am Aug 5, 2021 3:44am
Quoting LauraT
{quote} Here is a re-worked version with alerts. {file} Hope this helps.
This is a really practical strategy/addition to my trading. I will post my results using this at the end of the month. This fibo band is a game changer. Just wondering if same has been developed for tradingview? thankyou
  • #4,747
  • Aug 5, 2021 3:56am Aug 5, 2021 3:56am
Quoting Forensic
{quote} This is a really practical strategy/addition to my trading. I will post my results using this at the end of the month. This fibo band is a game changer. Just wondering if same has been developed for tradingview? thankyou
Only available for MT4 as far as I'm aware.
  • #4,748
  • Aug 5, 2021 9:49pm Aug 5, 2021 9:49pm
I went dark for a few months reviewing about 15 years of chart data. If I recall I had a 55% hit rate with a purely mechanical approach for the RoadMap. Of course that doesn't mean others wouldn't have a higher hit rate. Its just what I got with pure mechanical rules. Note I have very tight stops, typically 10 pips or less on avg. With the trade setups below using the road map rules along with PA and stochastic I created a system that works with how I see the market and fits my personality. This gives me a 83% hit rate with 1.5:1 Reward risk and 78% with 2:1. I can typically average 10%+ a week which often occurs in just a day or two then I take the rest of the week off from trading. Just wanted to say thank you Laura for the thread and pointing me in the right direction.

3 trades today
1st UC at 2%
2nd and 3rd trades in GU for 2% and 6%
Attached Image (click to enlarge)
Click to Enlarge Name: UC.png Size: 167 KB
Attached Image (click to enlarge)
Click to Enlarge Name: GU.png Size: 176 KB
  • #4,749
  • Aug 6, 2021 5:57am Aug 6, 2021 5:57am
Quoting ChubbyWookie
I went dark for a few months reviewing about 15 years of chart data. If I recall I had a 55% hit rate with a purely mechanical approach for the RoadMap. Of course that doesn't mean others wouldn't have a higher hit rate. Its just what I got with pure mechanical rules. Note I have very tight stops, typically 10 pips or less on avg. With the trade setups below using the road map rules along with PA and stochastic I created a system that works with how I see the market and fits my personality. This gives me a 83% hit rate with 1.5:1 Reward risk and...
Perfect.

Nothing gives me more satisfaction than seeing people take the foundations I've provided and turn them into a strategy that works for them.

Wish you continued success!
  • #4,750
  • Aug 11, 2021 8:04am Aug 11, 2021 8:04am
Dax CFD - open to 10am UK time - smiles and a frown.
Attached Image (click to enlarge)
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every Saint has a past. Every Sinner has a Future
  • #4,751
  • Aug 11, 2021 9:15am Aug 11, 2021 9:15am
Dow UK pm. The last trade is a classic too slow and being a tad greedy by missing the pin and ma warning to re-consider previously nice short
Attached Image (click to enlarge)
Click to Enlarge Name: DowCFDohDear.png Size: 519 KB
every Saint has a past. Every Sinner has a Future
  • #4,752
  • Aug 12, 2021 5:32am Aug 12, 2021 5:32am
Dax UK morning. CFD
Note the two glum/sad faces.
They could have been avoided if I took my own advice ( I sometimes repeat it in answer to other peoples posts) to LOOK LEFT and draw in mini consolidation lines.
Laura will probably give me extra lines after class now
Attached Image (click to enlarge)
Click to Enlarge Name: DAXcfd1125.png Size: 638 KB
every Saint has a past. Every Sinner has a Future
  • #4,753
  • Aug 12, 2021 5:57am Aug 12, 2021 5:57am
Quoting turnip15
Dax UK morning. CFD Note the two glum/sad faces. They could have been avoided if I took my own advice ( I sometimes repeat it in answer to other peoples posts) to LOOK LEFT and draw in mini consolidation lines. Laura will probably give me extra lines after class now {image}
Detention for you, young man!
  • #4,754
  • Aug 13, 2021 3:20am Aug 13, 2021 3:20am
Quoting LauraT
{quote} ~~ young man!
He'll like that!
Good Trading
  • #4,755
  • Aug 13, 2021 5:14am Aug 13, 2021 5:14am
Quoting turnip15
Dax UK morning. CFD Note the two glum/sad faces. They could have been avoided if I took my own advice ( I sometimes repeat it in answer to other peoples posts) to LOOK LEFT and draw in mini consolidation lines. Laura will probably give me extra lines after class now {image}
Hi Neal - or even the fractal swing points
  • #4,756
  • Aug 13, 2021 5:19am Aug 13, 2021 5:19am
Quoting aud
{quote} He'll like that!
He did. Nearly dropped my vitamin pills
every Saint has a past. Every Sinner has a Future
  • #4,757
  • Aug 13, 2021 5:25am Aug 13, 2021 5:25am
Quoting turnip15
Dax UK morning. CFD Note the two glum/sad faces. They could have been avoided if I took my own advice ( I sometimes repeat it in answer to other peoples posts) to LOOK LEFT and draw in mini consolidation lines. Laura will probably give me extra lines after class now {image}
That thick pink zone from the open - similar to today in that real movement began around 8:42am UK time
Attached Image (click to enlarge)
Click to Enlarge Name: DAXcfd1124.png Size: 490 KB
every Saint has a past. Every Sinner has a Future
  • #4,759
  • Aug 15, 2021 8:34am Aug 15, 2021 8:34am
Quoting farhadnoei
XAUUSD M15 {image}
Stop spamming this and other threads !
every Saint has a past. Every Sinner has a Future
  • #4,760
  • Aug 15, 2021 9:48am Aug 15, 2021 9:48am
Quoting turnip15
{quote} Stop spamming this and other threads !
He won't be able to post in either of my threads anymore
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