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Software tools for LauraT's Roadmap 167 replies

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

UK afternoon - 1:30pm to 4pm UK time

And again - Good trades on oil
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every Saint has a past. Every Sinner has a Future
Quoting turnip15
UK afternoon - 1:30pm to 4pm UK time And again - Good trades on oil {image}

And another couple of UK afternoon OIL trades ( also one losing long)

@Timetells .....That "Vee" shape again
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every Saint has a past. Every Sinner has a Future
Decent short trade from third rectangle - oil
UK time morning
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every Saint has a past. Every Sinner has a Future
Tried Oil again - not so easy this time ( Is this a Monday syndrome?) - some bad discipline trades against the flow here and a few pips. The heart was a divergent macd which I got wrong -price broke up but not closing past previous high on left. Broke a resistance line from pre open for a reasonable short then a classic bounce short from a return to aforementioned support/resistance line.
Those horizontals are from a 5 minute chart and I am aware of my hourly box top/bottom

The MACD is experimental and I should, maybe, give it more attention. Old (Roadmap) habits die hard

Overall a reasonable morning albeit could be better if I was more patient and paid more attention to my pre open levels.
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every Saint has a past. Every Sinner has a Future
Afternoon ( UK time) during USA open - Oil trended better . Trades not shown so pencil in your own "Roadmap" rules
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every Saint has a past. Every Sinner has a Future
An excercise in patience pays off
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every Saint has a past. Every Sinner has a Future
Quoting bluesteele
Charts speak for themselves...I pay close attention to the channel and where are the candles opening and closing in relation to the 5m channel once in a trade.. They are a great momentum indicator,,, When trading oil the 9am NYMEX open is important...TIMING Levels where are you on the Map ? Round #s ? HOD, LOD, HOW, below the Close/Open etc etc Behaviour...What is price doing ? Patterns, larger timeframes uptrend etc. Its all a Roadmap {image} {image}
hi blue
do u use just price action on your trade?
Last chart for a while
One minute oil - good opportunities -couple of good trades and two losing towards my finish at 10am UK time.
Note my approach may vary from yours - but "Roadmap" is core.
Good luck to all.
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every Saint has a past. Every Sinner has a Future
Quoting turnip15
Last chart for a while One minute oil - good opportunities -couple of good trades and two losing towards my finish at 10am UK time. Note my approach may vary from yours - but "Roadmap" is core. Good luck to all. {image}

And finish the UK day with afternoon UK - US oil
@bluesteele

Cheers Kev.
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every Saint has a past. Every Sinner has a Future
tea break -blue berry pie
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every Saint has a past. Every Sinner has a Future
One trade this morning EU.

I had to create a simple flowchart with basic rules to keep myself in the good trades.
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Quoting turnip15
tea break -blue berry pie {image}
Where's the saucer of milk an a small bite of cake for your furry friend mate---Yer a bit lousy with the goodies

Yeah I know, Mrs T said None for the cat
Quoting Chrobakx
One trade this morning EU. I had to create a simple flowchart with basic rules to keep myself in the good trades. {image}
Hey Chrobakx, may you please share the flowchart with us? I'm still struggling, any tips help! Thank you! Amazing trade here btw!
Quoting HazHazHaz
{quote} Hey Chrobakx, may you please share the flowchart with us? I'm still struggling, any tips help! Thank you! Amazing trade here btw!
Hey buddy, here it is. Its very basic and it suit my style. You should know the basic of Roadmap.
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Quoting Chrobakx
{quote} Hey buddy, here it is. Its very basic and it suit my style. You should know the basic of Roadmap.{image}
Appreciate it! I am familiar, just need to read it again and practice it more. Thank you!
Three trades today. Two EU, one EJ. First EU was loser, next two was good ones.


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awesome Trading "Roadmap", specially for beginners that dont know yet what to look for.

Can only recommend it.
The subconscious mind is in control, not the conscious mind.
Quoting turnip15
tea break -blue berry pie {image}
My question about the strategy is whether it is valid for scalping trading ?
Quoting kevin-v7x
{quote} My question about the strategy is whether it is valid for scalping trading ?
As it's more a general roadmap rather than a straight up system, it's very much possible to scalp with it.

Just as a heads up... most traders scalp not because they are good at it, but because they think they will make more money with it.

Reality is that the lower timeframe you go, the more difficult it is for a trader to be profitable.
More decisions that need to be made, more mental stress/fatigue resulting to making more mistakes.. and the list goes on.

To sum up.. I suggest trading higher timeframes, if you want to see a green account. The higher you go the easier it is.

of course you can choose to ignore what I said, just a well meant advice, in case you are newer to trading.
The subconscious mind is in control, not the conscious mind.
Quoting UST
{quote} As it's more a general roadmap rather than a straight up system, it's very much possible to scalp with it. Just as a heads up... most traders scalp not because they are good at it, but because they think they will make more money with it. Reality is that the lower timeframe you go, the more difficult it is for a trader to be profitable. More decisions that need to be made, more mental stress/fatigue resulting to making more mistakes.. and the list goes on. To sum up.. I suggest trading higher timeframes, if you want to see a green account....
Good description of Roadmap and good advice on trading in general. Might add that the biggest obstacle to being successful is yourself, a cliche maybe but an eternal truth nonetheless.
But people still ask if this or that is good for scalping etc etc - but few actually try an approach or modify same to suit their personality.
Many potential traders trained via the "Turtle" system but many failed and a few excelled.
Just think -if every "system you saw on FF was profitable for all who took them up, without any effort from themselves to acquire a suitable mindset, and testing plusadapting the method to their mindset; then the market would collapse.
But the market thrives? (Rhetorical question.)
every Saint has a past. Every Sinner has a Future
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