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- walesoje1 replied Oct 22, 2007
Your Chart — You posted a chart on #2753 and I noticed that the EMAs are contracting so why did you enter the trade? You told me not to enter a trade when they are contracting.
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- walesoje1 replied Oct 22, 2007
Thanks — fx_ninja, thanks for your advise. I understand what you were saying by counter trend i.e. long signals during the sell session. What is the risk because you said it is far riskier. What do I actually check on the RED LAG? I actually ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- walesoje1 replied Oct 22, 2007
Good One — Imran and everyone, the LAG-2 still really confuses me. I have actually gone through the forum and discovered all the 3 indicator should be positive to go long and negative to go short. The LAG-2 is going down now and the STOCH is ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- walesoje1 replied Oct 22, 2007
New Charts — Imran, I got some screenshot here for the GBPJPY where the 5M confirms a buy with the Laguerre but the 15M is trending up... What should be done in this case?
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- walesoje1 replied Oct 22, 2007
My Post — Imran, you asked me to post some charts and I have done it. Kindly check post #2682 and let me know where I went wrong.
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- walesoje1 replied Oct 22, 2007
Not All — Not all of us. I think I need help to get along so we can all go green.
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- walesoje1 replied Oct 22, 2007
Response — My broker currently offer 7 pip spread on GBPJPY. Are you saying it's best for me to trade on 5M rather than 1M chart? I think trading off 1M would just reduce my profit level which I don't really mind so far my pips are green and ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- walesoje1 replied Oct 22, 2007
Question — I have entered 10 different trades and just 1 got me profit of 3 pips. Can you clearly state everything you consider before entering trade? Do you check the LAG on 5M or what? Do you consider the bollinger? What other things do you ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- walesoje1 replied Oct 21, 2007
trading — Imran, how are you doing today? I am with 2 different brokers that offers only 8 pips spread and 10 pips spread from GBPJPY. Would you advise I trade GBPUSD with your trading system or do you think it would be ok to use the account ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- walesoje1 replied Oct 21, 2007
System — Hello Imransait, my broker currently offer 7 pip spread on GBPJPY. Are you saying it's best for me to trade on 5M rather than 1M chart? Also, what are the Laguerre settings to be used for the 5M as they seem not ok for 0.85 and 0.6
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- walesoje1 replied Oct 19, 2007
My Findings — I noticed entry for long when the 50EMA crosses above the 100SMA and vice versa i.e. if the 50EMA crosses below the 100EMA. They are actually very long rides except between 05/07/2006 and 18/07/2006 where an uptrend is confirmed ...
Hakuna's pip stash
- walesoje1 replied Oct 19, 2007
50EMA and 100SMA backtesting — 4HR GBPUSD I noticed entry for long when the 50EMA crosses above the 100SMA and vice versa i.e. if the 50EMA crosses below the 100EMA. They are actually very long rides except between 05/07/2006 and 18/07/2006 ...
Hakuna's pip stash