This thread is about making money — I appreciate Scottys postings Seems that we can all learn from each other.

GBPJPY scalpers

Yes — Yes hidden bearish divergence...... easy short when you spot them

GBPJPY scalpers

Can anyone tell me — Can anyone tell me why it would have been very safe to go short off the test of the open range low in the chart for the above posting ? Think divergence.......

GBPJPY scalpers

One more from me — As this pattern jumped out at me I thought I would post it Patterns such as head and shoulders , , trend lines, even fibs can be applied to indicators as well as price. Here is a nice head and shoulders set up on the RSI 14 ...

GBPJPY scalpers

15 min — Way better on the 15 min and even better on a 30min. Note this is not my favoured method. The rsi method is my favourite. I will post trades as they happen using the RSI method. All of the styles i use are best in the most volatile ...

GBPJPY scalpers

ONe more stratergy for tonight — Here is something I have taught the 300 traders in my stock club how to make money with on a regular basis. It works for forex also. It is called the open range. For a free e book explaining this in more delth ...

GBPJPY scalpers

yes — Yes but allow 15 pips above the high of the trigger bar for long and 15 pips below the trigger bar for short .... this keeps you out of 'false ' breakouts of the 50 sma.

GBPJPY scalpers

Awesome post — Love the chart ... nice and clear !!

GBPJPY scalpers

I hope you are right lol — I got in short 210.90 on that 10 min chart trade .... 210.2 would suit me fine !!! DJ futures seem to be forming an inverse cup and handle 12,420 break down would be a break of the handle. My futures chart is in my ...

GBPJPY scalpers

Do you really want to know how simple trading is ? Take a 15 min chart. 1) long trigger is when the bar crosses the 50 sma 2) enter 15 pips above the high of the trigger bar. Opposite for short. This technique will net you about 300 - 400 pips per ...

GBPJPY scalpers

I use RSI 14 — I use rsi14 and 10,20 , 50 sma .. that is it. I use fib extnsions and retracements as support / resistance zones. Here is a typical chart . image This is a 10 min chart as the longer time frames 10 min and 15 min ( lol .... ...

GBPJPY scalpers

Looking forward to your posts — Looking forward to your posts .. specialy Scotty's .200pips awesome. Lets all make some pips

GBPJPY scalpers

1-2-3 sell trigger on 60 min — 1-2-3 sell trigger on 60 min with FE's for targets These could be used for scalping targets 5 min 23.6 = 211.10 38.2 = 210.80 50 = 210.60 61.8 = 210.4 76.4 = 210.15 image

GBPJPY scalpers

wow — Awesome so many traders in here

GBPJPY scalpers

NIKKEI — +293 on NIKKEI dj-30 futures up 60 . new forum by me gbpjpy scalpers.

Auslanco - GBP/JPY and GBP/USD (newstrade)

cool news — Awesome info Alex .. confirms the shorts I am seeing in all the JPY crosses

Auslanco - GBP/JPY and GBP/USD (newstrade)

scalper — I like to scalp in this market .. 10 - 20 standard lots. Got 65 pips today after commission. 65 pips x 6 days = 400 pips per week. I used to swing trade but now sleep better at night with no positions open when i go to bed at night. ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Thanks — Thanks Karm. Having fun already this week. PS Lived in your neck of the woods for 4 years Jebel Ali .. worked on the desalination plant there back in early 90's

Auslanco - GBP/JPY and GBP/USD (newstrade)

211.4 short — short off 211.4 once more 211 1st target.

Auslanco - GBP/JPY and GBP/USD (newstrade)