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  • #5,581
  • Jun 14, 2023 4:48am Jun 14, 2023 4:48am
Quoting Lineseeker
{quote} nice trade Mr T
Update and final position.
Attached Image(s) (click to enlarge)
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every Saint has a past. Every Sinner has a Future
  • #5,582
  • Jun 14, 2023 6:17am Jun 14, 2023 6:17am
Quoting ogboriefor
{quote} Where can I download the indicator on the bottom right of this chart? Please assist.
I think this is it...
Attached File(s)
File Type: ex4 RoadMap Trend Band.ex4   17 KB | 402 downloads
  • #5,583
  • Jun 14, 2023 8:52am Jun 14, 2023 8:52am
Quoting ianhjulberg
{quote} I think this is it... {file}
This is very kind of you. I deeply appreciate this.
  • #5,584
  • Jun 14, 2023 9:12am Jun 14, 2023 9:12am
Quoting turnip15
sp500 off to a good start Variation off Laura's 15 minute direction and lower time frame execution. 5 Minute Direction and one minute execution. Ten pips taken off. Edit: Just after 4pm UK time _ Done for the day. Will be away for a while {image} {image}
Another 5 minute and one minute duo on the sp500
Nice long
Attached Image(s) (click to enlarge)
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every Saint has a past. Every Sinner has a Future
  • #5,585
  • Jun 15, 2023 4:10am Jun 15, 2023 4:10am
NAS short...
Attached Image (click to enlarge)
Click to Enlarge Name: NAS100M1.png Size: 27 KB

Entered on channel cross
Took profits along the way and closed on a spike down
  • #5,586
  • Jun 15, 2023 5:40am Jun 15, 2023 5:40am
Quoting ianhjulberg
NAS short... {image} Entered on channel cross Took profits along the way and closed on a spike down
Nice trading mate. I like the rules used, all three of them.

Ben
  • #5,587
  • Jun 15, 2023 5:58am Jun 15, 2023 5:58am
5 minute Dax using 1 minute to trade. ( Laura's idea of using a higher time frame for overall view)
One loser long stopped out and one running short
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: GER40_2023-06-15_11-58-07_5dec9.png Size: 165 KB
every Saint has a past. Every Sinner has a Future
  • #5,588
  • Jun 15, 2023 7:11am Jun 15, 2023 7:11am
Quoting ianhjulberg
NAS short... {image} Entered on channel cross Took profits along the way and closed on a spike down
You're catching some great trades, well done.

Good use of scaling out.

Those channel crosses where the channel has previously been on the opposite side but only managed to stay there for a short while can turn into lovely runners. The brief time on the opposite side would have shaken out a lot of earlier bears and would have enticed plenty of bulls. Perfect scenario for a drop.
  • #5,589
  • Jun 15, 2023 7:15am Jun 15, 2023 7:15am
Quoting turnip15
5 minute Dax using 1 minute to trade. ( Laura's idea of using a higher time frame for overall view) One loser long stopped out and one running short {image} {image}
Lovely short - well done. The 5m did a great job of removing all the noise.

On the long, notice how price went up after your entry and tapped the liquidity pool. It probably just looks like an equal high on most feeds, but there would have been a lot of spread manipulation up there to suck in liquidity. Personally, I would be wary about taking entries like your long, when there is a pool so close by.
  • #5,590
  • Jun 15, 2023 8:50am Jun 15, 2023 8:50am
Quoting LauraT
{quote} Lovely short - well done. The 5m did a great job of removing all the noise. On the long, notice how price went up after your entry and tapped the liquidity pool. It probably just looks like an equal high on most feeds, but there would have been a lot of spread manipulation up there to suck in liquidity. Personally, I would be wary about taking entries like your long, when there is a pool so close by.
AHA - I forgot about liquidity levels
Attached Image (click to enlarge)
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every Saint has a past. Every Sinner has a Future
  • #5,591
  • Jun 15, 2023 8:59am Jun 15, 2023 8:59am
Well the sp500 5min and one minute took off. 5 Minute still shows long but I am taking a lot off here - too much to lose.
ADR close by above as is Previous High
Attached Image(s) (click to enlarge)
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every Saint has a past. Every Sinner has a Future
  • #5,592
  • Jun 15, 2023 9:45am Jun 15, 2023 9:45am
Quoting LauraT
{quote} You're catching some great trades, well done. Good use of scaling out. Those channel crosses where the channel has previously been on the opposite side but only managed to stay there for a short while can turn into lovely runners. The brief time on the opposite side would have shaken out a lot of earlier bears and would have enticed plenty of bulls. Perfect scenario for a drop.
Yes I've learned to keep my eye out for those!
That one certainly turned into a runner - too bad I didn't leave a little of the position on because it really ran after I got out!
  • #5,593
  • Jun 15, 2023 9:46am Jun 15, 2023 9:46am
Quoting btrfx1
{quote} Nice trading mate. I like the rules used, all three of them. Ben
Thanks Ben!
  • #5,594
  • Jun 15, 2023 11:21am Jun 15, 2023 11:21am
And the 5 minute kept me in until end of my afternoon session at 4:30pm UK time
4395 areas where the ADR and Previous High lurks - so took off some and ran some until end of my session.
It's nice to have some payment in case you are stopped out when price turns against you. Not all runs are as nice as this.
Attached Image(s) (click to enlarge)
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every Saint has a past. Every Sinner has a Future
  • #5,595
  • Jun 15, 2023 12:59pm Jun 15, 2023 12:59pm
Quoting turnip15
And the 5 minute kept me in until end of my afternoon session at 4:30pm UK time 4395 areas where the ADR and Previous High lurks - so took off some and ran some until end of my session. It's nice to have some payment in case you are stopped out when price turns against you. Not all runs are as nice as this. {image} {image}
Nice Turnip!
There were some big moves today in the US session. Unfortunately I missed them - but glad you caught it!
  • #5,596
  • Jun 16, 2023 12:51am Jun 16, 2023 12:51am
LauraT... I must admit ur a blessing for many who hv toiled long and hard whilst haven't found a breakthrough yet. Until now! I thank you for ur sincerity in sharing freely what many would hv taken advantage of in this chaotic madness of a mkt. Your well thought out thread and timely sharing of your trading experiences is priceless and there are indeed nuggets at every corner of an important discovery...

I have proceeded to practice what you have preached and the puzzle is finally piecing together for me in a nice way. TQ TQ for this. If I may ask..., the ROADMAP template along with the 6 indicators that you shared on page 1 for downloading I realised there are only 3 individual Moving Average indis in the template file. What about the "SMA200 strength meter" located at the bottom right of the chart (*indicated in my attached pic)? The SMA200 strength meter image is there but it doesn't function at all because the indicator powering this feature isn't provided with the template. And I can't seem to locate this particular one in the list of downloadable indis you shared, LauraT.

Could you point me in the right direction to download this exact "SMA200 strength meter" indicator as shown on your charts. Thanks

I would love to further contribute along as I finish reading up and practicing ur methodology when I have a gd grasp of ur teachings/sharings.

Lastly, once again many thanks for taking the time out to share unconditionally in hopes that those who see the logic and rationale in ur wisdom will FINALLY make their own breakthrough when it clicks. Cheerio
Attached Image (click to enlarge)
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  • #5,597
  • Jun 16, 2023 1:55am Jun 16, 2023 1:55am
Quoting lueny_toons
LauraT... I must admit ur a blessing for many who hv toiled long and hard whilst haven't found a breakthrough yet. Until now! I thank you for ur sincerity in sharing freely what many would hv taken advantage of in this chaotic madness of a mkt. Your well thought out thread and timely sharing of your trading experiences is priceless and there are indeed nuggets at every corner of an important discovery... I have proceeded to practice what you have preached and the puzzle is finally piecing together for me in a nice way. TQ TQ for this. If I may ask...,...
Hi - welcome, and thank you for your kind words.

Apologies about the first post - it's very out of date now and I really need to spend some time getting it in better shape.

I've attached what eventually replaced the SMA band. It combines SMA readings with the composite RSI reading.

Good luck with your journey - please feel free to ask anything you are unsure about.

Attached File(s)
File Type: mq4 RoadMap Trend Band.mq4   13 KB | 1,014 downloads
  • #5,598
  • Jun 16, 2023 3:36am Jun 16, 2023 3:36am
Quoting ianhjulberg
NAS short... {image} Entered on channel cross Took profits along the way and closed on a spike down
Would it have been wrong to take this same trade as per the attached chart
Attached Image (click to enlarge)
Click to Enlarge Name: trade position.PNG Size: 66 KB
  • #5,599
  • Jun 16, 2023 3:48am Jun 16, 2023 3:48am
Quoting LauraT
{quote} Lovely short - well done. The 5m did a great job of removing all the noise. On the long, notice how price went up after your entry and tapped the liquidity pool. It probably just looks like an equal high on most feeds, but there would have been a lot of spread manipulation up there to suck in liquidity. Personally, I would be wary about taking entries like your long, when there is a pool so close by.
Liqidity Pool lurking near 4 hour level Laura ?
Attached Image(s) (click to enlarge)
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every Saint has a past. Every Sinner has a Future
  • #5,600
  • Jun 16, 2023 4:06am Jun 16, 2023 4:06am
Done for the day. Have a good week end all
every Saint has a past. Every Sinner has a Future
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