I dont recall the exact rules but i think this is pretty close. I use Soft4X as the simulator. Here is the link to how i would normally manage risk

Roadmap - A Way To Read Markets

My risk is the same as explained here. I will at no time risk more than 3%. So i may enter a single trade at 3% or i may split up trades and entries to total 3%. As my account decreases or increases i will adjust risk I trade pretty much anything. ...

Roadmap - A Way To Read Markets

Yes indeed. Often times i would start loosing several trades before i took a step back and realized i was in the beginning of a range and shouldn't be trading the road map. Unfortunately for me it wasn't until the last 2 years when everything just ...

Roadmap - A Way To Read Markets

I have back tested many pairs including Gold and Silver with good results. But i don't think I have gone back to 2017. In general i find the roadmap works in all pairs however each pair does seem to have slightly different behaviors. Like CAD pairs ...

Roadmap - A Way To Read Markets

That is great. Look forward to seeing what you find. When back testing its often easy to try and trade every day. What you will likely end up doing is trading in ranging markets. But remember in the real world if the EUR/USD has been ranging for ...

Roadmap - A Way To Read Markets

Yes and no. I tend to like to trade the tops and bottoms using various time frames and fractional disparity. However I will use the roadmap for continuation trades. For those continuation trades i will use the rules above (stops vary depending on ...

Roadmap - A Way To Read Markets

Good question. Unfortunately I don't recall 100% as I was expecting more people would be interested in making 20+%/month and i must have put in at least an additional 70 hours of various rules in simulation since then. Moreover im pretty sure the ...

Roadmap - A Way To Read Markets

Haven't been trading but did some sim for about 2 hours tonight using only the M5 chart with limited money management and TP/Sl rules. I feel quite lost without my higher time frames. But wont complain to much. After 60 trades, 2 months and risking ...

Roadmap - A Way To Read Markets

Im not trading for the rest of the year but Wowsers!!!!! Hope somebody caught some of these. image

Roadmap - A Way To Read Markets

My equity curve pretty much flattens and sometimes drops off for November and December. It actually starts as early as October. But gets really noticeable November/December. Long story short it seems i end up taking more trades due to being stopped ...

Roadmap - A Way To Read Markets

I have been there and still occasionally catch my self doing it. Also per my back testing results. This is about the time of the year for me to stop trading. Otherwise the choppiness kicks my butt

Roadmap - A Way To Read Markets

Yes I was still long in EUR/USD at the time of your picture. I agree the H1 200 SMA seems to be quite powerful. I suspect because it used by so many trading systems. But in the end it doesn't matter to much as long as we are aware of it. Also in ...

Roadmap - A Way To Read Markets

If you look at USDX you can see why i was looking long on EUR/USD. In general i would be looking at any XXX/USD pair to be going long. Currently holding 2 positions placed on the m1 but based on higher time frames. I was looking at 1.16000 for ...

Roadmap - A Way To Read Markets

EUR/USD looks like it may be setting up for a potential reversal. I Will be looking for possible early road map entries to hold to 1.1700. Of course this may all change by the time we open for London. Guess we will find out soon enough. image

Roadmap - A Way To Read Markets

It's a daily open line indicator and can be downloaded from this post. I use it to help see price in a 24 hour period. Especially on the H1 and H4 charts. Also it can be a area of support and resistance at times

Roadmap - A Way To Read Markets

I did give it some time and it seems to be working. Has a lot of info and makes my brain hurt. Plan to set up a spare PC to record data along with the MA DASH and Hanovers Strength indicator if i can get it working Absolutely!!. Sometimes you will ...

Roadmap - A Way To Read Markets

I haven't tried these but may be worth checking out and aid in answering your question. In the past i have used ADR as a TP target and it worked quite well for me ADR_PLUS Historic ADR script history ADR indicator OGT

Roadmap - A Way To Read Markets

With your MADdash question, do you mean is there way to look at historical values of the indicator? If so, I don't believe there is unfortunately. What I've done is created a MT4 script which screenshots it every few seconds, as well as an indicator ...

Roadmap - A Way To Read Markets

I dont recall the proper technical term for the pattern. I guess its technically a double top or double bottom. image

Roadmap - A Way To Read Markets

Very interesting. I do recall this one but that may have been a few years ago since i last saw it. I might have to do some recording against currency to see how they correlate. Definitely looks like you could possibly narrow down some pairs to watch ...

Roadmap - A Way To Read Markets