Roadmap Trade Good for 7 Ticks on E-mini S&P

» Learn the Roadmap in Group Mentorship «

At DayTradetoWin, we often get asked, “What is the Roadmap trade?” We can’t tell you exactly what it is, as it’s taught in the Mentorship Program only. We can tell you that it’s based on a specific price pattern that occurs quite often when the market is manipulated. It’s the main filtering technique we teach our Mentorship students. It precedes all other methods we teach when everything is pieced together at the end of Mentorship. Sometimes the Roadmap gets confused with the Blueprint trade. The Blueprint an entirely separate method that’s taught in the Power Price Action course and Mentorship.

In this video, John Paul uses his live account and 12 contracts to make the most of a seven tick (1.75 point) profit target . His stop loss is 14 ticks (3.5 pts). The profit target and stop loss is based on real-time market conditions. We teach traders how to use the Average True Range (ATR) to dictate risk and reward potential. If the market is slow, the profit target and stop is tighter. Likewise, a more volatile market will move more, and thus allow for greater potential reward or loss. In most cases, John Paul will hold a trade no longer than 20 min. (or four bars on a five-minute chart). The Roadmap is not bound by the same limitations, as seen in the video’s time lapse. Remember, if you move your limit order around, you’ll essentially “step out of line” and lose your spot with the first-come, first-served rule of trade execution. It’s better to keep them where they are unless you’re following our rules for trade management.

You can learn the Roadmap trade and about 10 other price action methods that all fit together. You’ll have a complete plan for trading objectively every day. The next Group Mentorship program begins June 20, 2013 and classes will be Tues. and Weds. from 3 p.m. to 4 p.m. US/Eastern. Give us a call or send us an email to get enrollment details.

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