Roadmap - A Way To Read Markets

Laura,
although I do not know you personally , I am relieved that you are okay

I hope you can come back again to write here in this very interesting thread.

Have a great day!

Glad to hear this news, bless you.

Thanks, Mike. This is an excellent contribution to those of us who one way or another follow the roadmap Laura has set for us.

I am glad to hear you are alive and well. It kinda hurt me when there was suggestions of you passing. I wish you long life, good health, and prosperity

Hey Laura. I just came across your post today. Its January 3rd 2025. Is there any way j can communicate with you privately? I have a strategy that i have passed prop firms with but currently my strategy failed me maybe its a new year and new months thats why so i took a break and came across this thread. I want to use your method and combine my strategy.I want to tell you my secret strategy so that you can back test too. I dontt want to display openly as of now cause its not fully 100% and i dont want people to loose money. Thats why i want to discuss with someone more experienced. I only have 2 years trading experience and im guess u have more. Please let me know how we can connect. Maybe on facebook or instagram.

Laura's approach just keeps on giving.

Morning UK session trading Nasdaq for two hours. Seems good today but have any of you traded this instrument during first two hours of UK open?

Hi I'm new here and I've read some amazing things about you and your strategy, pls how can I benefit from it?

Hi! First of all, i'd like to give all my thanks and appreciation to Laura for sharing this with the community. i discovered roadmap like 1-1.5 years ago, i had been trading as a hobby for a few years (mostly demo, and a few prop firm challenges, of which i have passed 2 and got funded, but i blew up my accounts because of inexperience, greed and constantly trying to squeeze every single pip, pipette and micropips on a atomic level it would seem.. but my point is this: it takes A LONG time, dedication, lots of failure, followed by even more failure, and if you still haven't given up on your dream of becoming a successful trader by then, you might actually have a small chance still. Just never give up, some people will take 2-3 to 5+ years even to become consistently profitable, i'm at around the 3-ish year mark now of seriously putting in the time and work to improve, but i've been on and off for 5+ years.

Now roadmap wasn't like a magic spell or anything, trust me, it was definitely not.. However the roadmap template plotting prev highs and lows and even adr for me (i was completely green to adr, but soon realized how powerful it is) put it all into context for me at last, after endless hours, days, trying one strategy then the other, but not really getting anywhere with sh*t like harmonic patterns (what a load of BS), different indicators and whatnot, i could now somewhat put 2 and 2 together and actually get 4 more often then what i was used to, but roadmap in itself and alone i found after a while to be lacking in different things. So, i started exploring different concepts and theories, and decided to use roadmap as a foundation, and build upon it to increase effectivity.

SMC/order blocks - i don't really trade orderblocks much, but i tend to sometimes spot one and see potential in it, but i never base my entry on just a order block. What i have learned and taken with my from these concepts are : Market structure mainly, i use the indicator: Market Structure BOS/CHOCH/MSB/FVG/OB/BB (by Nephew_Sam_) on tradingview, and i mainly look for major trend reversals (or Change of character) when paying attention to this, and the HH,HL,LH,LL is always helpful, i use between 5-15 bar minimum pullback requirement depending on the timeframe im on and you just have to sometimes try different values and confirm it visually depending on things like is it trending, ranging, does that high seem like a reasonable structure to me or not ? I also keep a close eye on fair value gaps, which it plots for me.

Volume Profiles- when i trade with profiles i use 30minute periodic volume profiles, and usually keep an eye on mainly the 1m and 5m on a split screen. So what i look for here are areas with multiple POC's, that have yet to be broken, so for example if i see a rally to PDH or ADR high or other major resistance on a weekly level, and price goes into a trading range, i will start looking for breakouts from multiple aligned/ranging POC's, but when looking for a down move i always pay attention to the previous 30minute Volume area Low.

just an example of a short on gold using volume profiles and roadmap.. I take my entry on the close of the bear three bar reversal just on the open, also breaking out from the volume area low from the previous 30m profile. This was just around the asian open, i entered, set my SL and TP and went to sleep, next morning i woke up to a successful trade having done exactly what i expected from it like a good, well behaved forex pair that loves his "daddy"

I am also currently in the process of taking Al Brooks price action course, much of it i know already, but nonetheless i still have so much to learn, nd Al has introduced me to new ways of reading the market, that have definitely improved my trading.



Some scalps on the eurusd this morning.

i've also been doing some testing with bar counting on the s&p500 and nas100. so, i got this from Al Brooks, now i am only doing it how i remember him talking about, but i might have to check back.. Point is, sure im not really sure if this is actually how HE meant it to be done, but it works like goddayum from the limited tests i have done so far.




Trading 25 contracts each time, no exceptions, i don't stick to a SET RR ratio, cause i have found that if you are always having to rely on a precise RR of 1:2 or 1:3 or whatever every single time, most of these trades will rarely reach their targets, and you will eventually have to take profits short of your target, often VERY much so, so in general, i look to stay around 1:2 - 1:4, but this all depends on entry price relative to prior highs or lows.. take this trade for instance..
So, it looks like it can be a micro double bottom high 2 bull flag that seems to fail and transition into a high 3 triangle, ascending at that also by the looks of it, just below resistance (blue line), the completion of the 3rd leg triggers a breakout and thus an entry. Now this is a measured move, for a reason, so the further you enter from the highest or lowest H or L in the pattern the larger your risk will be.. Sometimes you find good entries long before the breakout, like here i could've entered at 3 different points, namely at the bull bar closing above the reversal bar of leg 1.

But yeah the bar counting setup... so on a 5 minute chart on e-mini sp500 or nas100 you count the bars from the NY open (1530 GMT+1 my time), your goal is to let the market do it's thing for the first 90 minutes, or 18 x 5 minute bars of the session, and when bar 18 is closed, you mark the high and low of the range during those 90 minutes. i use a Gann Box, with the 0.5 level marked.

So, buy breakouts of the range high or sell breakouts of the low, the midpoint (0.5) can often also be a good entry point depending on the context. You can also look for those highs or lows becoming support/resistance, like in the instance of the double bottom sending it back up. So, mind you i tried this first using only clean charts and it worked good with just pure PA, but i then re-activated roadmap, and tried to see how it went, and it was greatly improved, and entries could be taken with relatively good precision, however there will always be a few bad seeds that'll lead you into some unwanted drawdowns or losses, but this can be somewhat prevented with the use of the moving averages in roadmap.

Anyway, that's it for my rant. Thank you Laura

well the session is ongoing, and i've managed to sneak in a few scalps, although i have yet to find an ideal setup really, so just doing small scalps until the "big reveal" ,if any, but friday does sometimes have a few surprises in store.. haha, we'll see..
first is 5 min chart
second is 1 min chart

On the 5 minute. crude oil

double bottom at the midpoint in a channel signaling a possible push up. I get in just above the 0.5 level, which is essentialy also the whole asia sessions range. 8ema channel cross above 55 ema is also a strong sign of that indeed being true. Indeed it was true. this also leads to a cross of the 200 sma. by the (C) leg had completed in the expanding triangle, is when i realized that it was indeed forming, because i ws looking for reasons to hold or close, seeing as it was essentially in a pullback, and if you don't start to question things by then, you are not human, but do it in a smart way.. start looking for any, and i m ean ANY reason to either hold, or close, or why not even add ? seeing as it was looking to hold up good above the midpoint. The probability for me being able to raise the original projected measured move was also very much bigger seeing as this meant it was developing patterns within the pattern, or nested pattern i decided to add to the trade on most of the dips, and even what i thought to be the first breakout after the triangle was completed by the E leg. This lead to a failed breakout which again gets humans to question reality and all their life choices, which is normal, but again i try to find any reason as to why should i get out from here, and why not ? seeing as it was again approaching the mid level and the 55 ema and the 0.5 level of both the pattern and the channel, in 1 leg down 1 leg up 1 down fashion just at the failed BO level AND 0.5 of well yeah both, it had formed a ABC corrrective pattern.
This was by now like being given the winning lottery numbers for free before you even bought the tickets, so of course i bought yet more. eventually this led to the succesful BO, and it near hit the projected move, but by it started slowing down after a pretty disappointing BO from the High 3 bull flag i got out.

got one on nas100, about 60 points trading the 18 bar range on the 5 minute

i will make post my trades for 30 days to improve myself, most of my trade would be in gold m1,
day 1


update; i got brackeven. I got 1R but I didn’t close bcz my plan is get better reward , minimum 3R

All the best to you Mr777...That is an excellent exercise to do.

Cheers

I m on my 2nd trade

Update +4R
my request to everyone,
please review my trade, guide me to success, mark my mistakes.

trade 3, euraud
Timeframe 5m
waiting for -1r or +3r

Update, i am out of the trade manually, bcz chopyy market and need to sleep

Day 1,
trade number 4.
Gold m1,
sl 9pips(1R)
tp 27 pips 3R

update, i am out, -1R