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- lkthomas replied Oct 16, 2007
well, the one moving faster will win the war. Actually, according to the fact, GBP/JPY is going down for sure, in the same time, USD/JPY is below Daily pivot, we might see a heavy down trend on USD/JPY today
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- lkthomas replied Oct 16, 2007
it will be a fight between JPY and GBP for sure, I have less worry on that as I only focus on GBP/JPY, assume it does not effected by GBP/USD and USD/JPY
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- lkthomas replied Oct 16, 2007
Market recap — In fact, according to the chart, you see that price are stay sideway but below moving average 60 which is on the chart with deep blue line. Down trend start to building up after breaks of the sideway down S/R level. Very obvious ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- lkthomas replied Oct 15, 2007
huh, isn't usually Lag1 move first then the lag2 ? I don't see there have any chance for lag2 go up first then lag1
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- lkthomas replied Oct 15, 2007
The problem is that it is taking me the whole day to wait until Lag1 ang Lag2 pointing in same direction which is rare to happen, does it happens to you ? or you watch Lag1 to entry only no matter what Lag2 doing ?
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- lkthomas replied Oct 15, 2007
imransait, I catched 50pips+ by using purely Lag1 and Lag2 indicator, good work
I short G/J @ 240.19, check the chart please as you see, Lag1 and Lag2 is pointing downward, also, confirmation have been made to compare 5M, 15M, 30M Lag indicator, ...Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- lkthomas replied Oct 12, 2007
imransait, do you always check 15M and 30M and make sure you are on trend with 5M as well?
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- lkthomas replied Oct 12, 2007
imransait, do I have to had a live trade account? or demo trade would be accepted ?
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- lkthomas replied Oct 11, 2007
I found some classical event, GBPJPY, breakout Daily Pivot, pullback to Daily Pivot and continue down trend
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- lkthomas replied Oct 10, 2007
What condition are you use to get this conclusion?
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- lkthomas replied Oct 10, 2007
why GBP/JPY moving that damn slow ?! I enter short and I am on swing, shit... it seems doesn't want to goes down, hmm
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- lkthomas replied Oct 10, 2007
evening ? which one? Also, yes, I am trading GBP/JPY and it move so slow!
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- lkthomas replied Oct 10, 2007
guys, don't you think the market will stay as is until tomorrow critical news? USD Trade Balance <---
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- lkthomas replied Oct 10, 2007
I have different idea, as GBP/JPY didn't have any retracement since the big rise, short term retracement will be appear tonight (I think). I am waiting for short entry as well.
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- lkthomas replied Oct 10, 2007
train yourself on 5M first, I am too scare to get into 1M as well.
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- lkthomas replied Oct 10, 2007
today moving slow as hell, no idea why, right after UK session open, it have no movement at all, hmm...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- lkthomas replied Oct 10, 2007
imransait, EUR/JPY almost showing greenlight for short entry now
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- lkthomas replied Oct 10, 2007
I believe it is due to UK news, the whole market is waiting for it.
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- lkthomas replied Oct 10, 2007
Right, Asia session just too slow, well...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait