My trades for today - UJ, UC, GJ. GJ went the other way and UC went for a free fall after I exited the trade. UC - I missed the channel cross, then a channel failure - entered when channel was closer to SMA and price was rejected SMA thrice ...

Roadmap - A Way To Read Markets

I think it is an invalid entry for a long, the channel is below the SMA, RSI is less than 50, all SMA MTF is Red. Will wait for others feedback.

Roadmap - A Way To Read Markets

In my opinion - for FX I think you should move to at least M5 and if you want to trade M1, then probably you need to enter very close to SMA after the channel cross. M1 can be very choppy in the currencies. Just my view. We should wait for Laura's ...

Roadmap - A Way To Read Markets

In the highlighted areas in Screenshot1, the price keeps coming to 200 SMA and getting rejected but the channel is behind the price. Will that be a valid setup? And by the time I upload the file and ready to post - the channel broke the SMA for 10 ...

Roadmap - A Way To Read Markets

Thank you, I don't trade EU against the trend on Asian session, especially on a Sunday / Morning Open, it moves way too slow during those time. My question was more in relation to the setup than taking the trade itself. Probably the original post ...

Roadmap - A Way To Read Markets

Yes, missed all the entries , rather did not trade any of the entries - was focusing on trying to understand the system and how it works in real time. Both AUD and NZD climbed up like crazy and now looks like in a consolidation mode on M5. Probable ...

Roadmap - A Way To Read Markets

Thank you, I'm not desperate to trade, just trying to understand and posted it before I forget. Yes, I do know that Laura is in UK time zone and I wasn't expecting her to reply at this time either.

Roadmap - A Way To Read Markets

Another on EU, this is still forming on M30 - problem is lower TF SMA's are in green, higher TF are in Red and RSI is already at 50.xx - should take it leave it?!

Roadmap - A Way To Read Markets

Hi LauraT, Would this be considered valid entry? Should I have taken it? - It was 35 Minutes into Market opening on Sunday Evening NY Time and I was not sure if I should wait for the market to become more active or take the trade. ...

Roadmap - A Way To Read Markets

Thank you. I understand the channel did not touch the SMA, but the channel was already below the SMA for a while. In those circumstances, should we wait until the channel touches the SMA and move little further from SMA to reinforce the ...

Roadmap - A Way To Read Markets

The downloaded file will be in your downloads folder, copy from there and paste in Metatrader4\Indicators folder

Roadmap - A Way To Read Markets

Thank you for the quick response, that clarifies the confusion. On the attached EU, will that be a valid entry for the Short or it would be too aggressive? That was from Friday

Roadmap - A Way To Read Markets

Hi Laura, Trying to understand this - why do you call this channel failure? Based on the entry point of the trade it does look like the channel was below the SMA when you entered. Did I misunderstood the concept of channel failure?

Roadmap - A Way To Read Markets

Hi Laura, This is my first post on this thread. The system looks interesting and I read through all the posts - there are some which are not clear, I'll ask those questions in the subsequent posts. Some were asking if this can be traded on Daily or ...

Roadmap - A Way To Read Markets

Being in US and as a US resident, I thought you cannot trade with any offshore brokers and stuck with the 3 or 4 brokers in US. Is that not the case?

OANDA Discussion

Thank you !

EURUSD only

It's been a long time since I posted on FF - Apologies if this is not the place to ask this question. Probably an off-topic question - How long do you guys keep the trade open? Say you enter short 1.0924 and then it starts going up all the way till ...

EURUSD only

Hello All.... — Hello All, First, thanks to all for keeping this thread going. Now that I have settled some what, I'll be visiting the forum daily. Even though there is big Timezone difference(espcially US,almost -12hrs) and my day work, I'll ...

THV MTF EA beta testing

Hello All.... — Hello All, Wow, I have missed some action here... with release of version 0.8, kudos to Xux and Thanks to Cobraforex and Xux for answering the queries and for others for continously testing the EA. I'm still kind of settling ...

THV MTF EA beta testing