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Roadmap - A Way To Read Markets

  • #4,801
  • Sep 20, 2021 7:30am Sep 20, 2021 7:30am
This is a really cool thread. I'll be sure to post some charts and ask any questions as I try the method. Thank you LauraT and everyone else who is contributing!
  • #4,802
  • Edited 2:20pm Sep 20, 2021 8:42am | Edited 2:20pm
Evidentemente no todas las operaciones van a ser buenas, pero ¿me puedes decir si he salido bien o debería haberlo hecho antes?

EDIT: NZDUSD 5 MIN
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  • #4,803
  • Sep 20, 2021 12:56pm Sep 20, 2021 12:56pm
Quoting Karmaw
Obviously not all operations are going to be good, but can you tell me if I have come out well or should I have done it before? {image} {image}
I think from a market structure point of view, the downtrend was no longer so convincing. Although when you entered it was a pullback after a lower low, it had previously made a higher low and 3 higher highs, suggesting that buying pressure was increasing. I can't see from your charts also maybe there was unbroken support further back in time?

Very keen to hear as always what Laura may wish to comment or other views.
  • #4,804
  • Sep 20, 2021 1:25pm Sep 20, 2021 1:25pm
[quote = Zimbinga; 13713806] {quote} Creo que desde el punto de vista de la estructura del mercado, la tendencia bajista ya no era tan convincente. Aunque cuando ingresó fue un retroceso después de un mínimo más bajo, anteriormente había hecho un mínimo más alto y 3 máximos más altos, lo que sugiere que la presión de compra estaba aumentando. No puedo ver en sus gráficos también, ¿tal vez hubo un soporte ininterrumpido más atrás en el tiempo? Muy ansioso por escuchar, como siempre, lo que Laura desee comentar u otras opiniones. [/ Quote]

I agree with your approach, I decided to enter because even though it made a new high, there was also a solid support, and the price broke it, so I tried to take advantage of that break but it really did not work, once it happened I analyze it and perhaps the strength of the trend was not optimal. Thank you for your comment
  • #4,805
  • Sep 21, 2021 3:29am Sep 21, 2021 3:29am
Dax - UK morning - so far, so good overall.
Attached Image (click to enlarge)
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every Saint has a past. Every Sinner has a Future
  • #4,806
  • Sep 21, 2021 6:01am Sep 21, 2021 6:01am
Quoting turnip15
Dax - UK morning - so far, so good overall. {image}
As always, love your charts. So simple and logical.
  • #4,807
  • Sep 21, 2021 10:10am Sep 21, 2021 10:10am
Quoting sr2
{quote} As always, love your charts. So simple and logical.
Thank you - my wife sometimes says that I am 'simple" but omits the "logical.
Just bear in mind -5 faces in - that if you get a swing high ( loser or NO trade) and likewise for a swing low ( loser or no trade) so you have maybe two consecutive losers- one long and one short, then draw in high/low lines and wait.
every Saint has a past. Every Sinner has a Future
  • #4,808
  • Sep 21, 2021 10:29am Sep 21, 2021 10:29am
Dow UK afternoon -one minute chart. Ignore the Pink horizontal zones.Good Dow day compared to some previously "choppy" days where you had to snatch what you can -often in single figures.
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every Saint has a past. Every Sinner has a Future
  • #4,809
  • Sep 21, 2021 10:52am Sep 21, 2021 10:52am
Quoting turnip15
{quote} Thank you - my wife sometimes says that I am 'simple" but omits the "logical. Just bear in mind -5 faces in - that if you get a swing high ( loser or NO trade) and likewise for a swing low ( loser or no trade) so you have maybe two consecutive losers- one long and one short, then draw in high/low lines and wait.
I call upon my father's spirit , watching over me
  • #4,810
  • Sep 21, 2021 1:12pm Sep 21, 2021 1:12pm
Quoting turnip15
{quote} Thank you - my wife sometimes says that I am 'simple" but omits the "logical. Just bear in mind -5 faces in - that if you get a swing high ( loser or NO trade) and likewise for a swing low ( loser or no trade) so you have maybe two consecutive losers- one long and one short, then draw in high/low lines and wait.
You need to print off some of your screen shots, along with comments like mine and show her

I'm going to study your comment. May have some follow up questions for you. I also remind myself "look left".

Thanks again - really good charts!
  • #4,811
  • Sep 22, 2021 5:40am Sep 22, 2021 5:40am
EURCHF 5M

Open this morning, closing first partial, leaving second until i reach ADR
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  • #4,812
  • Sep 23, 2021 9:00am Sep 23, 2021 9:00am
Dow -UK afternoon.
Some might legitimately say I was late into this long but it worked out fine.
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every Saint has a past. Every Sinner has a Future
  • #4,813
  • Sep 24, 2021 4:52am Sep 24, 2021 4:52am
Dax nibbles and a couple of mistakes due to hesitation and lack of split second decision making. But still okay for the morning stint.
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every Saint has a past. Every Sinner has a Future
  • #4,814
  • Sep 25, 2021 1:40pm Sep 25, 2021 1:40pm
Quoting wasim393
{quote} How and what is You TP Level Bro?
Bro ???
every Saint has a past. Every Sinner has a Future
  • #4,815
  • Sep 27, 2021 9:16am Sep 27, 2021 9:16am
Dow was a good trender today. Thanks to Laura for a brilliant method
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every Saint has a past. Every Sinner has a Future
  • #4,816
  • Sep 27, 2021 9:48am Sep 27, 2021 9:48am
Well aknowledged Turnip! That is what i love about this method! I have been away and off the trading for 2 weeks! But when you get back to the charts, you know exactly where and when to pull the trigger again!! Thanks to Laura!!
  • #4,817
  • Sep 28, 2021 4:55am Sep 28, 2021 4:55am
Really cool thread. I've learned a lot by reading along.
Did a quick analysis on BTCUSD 1H chart, looks super bearish today.
- Prices below SMA 200 (white line)
- Broke Daily Opening Low level
- Failed attempt to escape SMA 200 yesterday

Attached Image (click to enlarge)
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  • #4,818
  • Sep 28, 2021 6:18am Sep 28, 2021 6:18am
Quoting GameMaker
Really cool thread. I've learned a lot by reading along. Did a quick analysis on BTCUSD 1H chart, looks super bearish today. - Prices below SMA 200 (white line) - Broke Daily Opening Low level - Failed attempt to escape SMA 200 yesterday {image}
Your chart isn't "Roadmap" approach. Perhaps you could start your own thread. Good luck
every Saint has a past. Every Sinner has a Future
  • #4,819
  • Sep 28, 2021 9:05am Sep 28, 2021 9:05am
Quoting turnip15
{quote} Your chart isn't "Roadmap" approach. Perhaps you could start your own thread. Good luck
Thank you for your reply. Could you please elaborate on my key missing points?

I'm here to learn. My initial thought was that Roadmap's a trend reading framework that centered around SMA 200. Couldn't I be flexible on the other indicator choices that show minor trends?

My current Free plan on TradingView doesn't allow me to add more than 3 indicators so I've got to be selective.
  • #4,820
  • Sep 28, 2021 10:30am Sep 28, 2021 10:30am
Quoting GameMaker
{quote} Thank you for your reply. Could you please elaborate on my key missing points? I'm here to learn. My initial thought was that Roadmap's a trend reading framework that centered around SMA 200. Couldn't I be flexible on the other indicator choices that show minor trends? My current Free plan on TradingView doesn't allow me to add more than 3 indicators so I've got to be selective.
Post one explains it all including the 8ma channel etc. Enjoy.
every Saint has a past. Every Sinner has a Future
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