it is technically possible, but highly taxing . I am already testing a short term trade stategy using the Lags with low settings to scalp 10-15 pips , will inform you once its working well. With this u can make 50 trades a day targetting 10 pips + ...

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

Hi Pipchick good to see you here, pls do continue to post at my thread, ur analysis is most welcome .

CHART Reading for serious traders

what is this info, any more details or website ? got the info here url looks good...need to check it out

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

from the entry i take i found these to be good..if u feel not safe..u can increase it and see..

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

1. yes, 200 EMA on 5min was my call for shorts as it was holding a good support earlier and once price comes below it, it acts as strong resistance and the sentiment was bearish too 2. That move upwards was not supported by the higher lags in 5min ...

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

thanks bro..its only after watching u guys do this i got the courage to trade this beast and with my method..riding this has been the easiest of it all...salute to Aus, You, Karmo, Zoran, other seniors

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

shorted at 234.70 , target is open..will keep locking in pips every 25+ gain in price

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

i did...check the chart below...bought at 233.85 thou exited at 234.70

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

News for today to watch out — 1. Existing Home Sales for USA 14:00 - moderate to ihgh volatility (USD majors) 2. Crude Oil Inventories for USa 14:30 - low volatility (EUR/USD) 3. RBNZ Interest Rate Decision for New Zealand 20:00 - high ...

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

if u check..the red lag is in different positions in 1min, 5min and 15 min..so price is consolidating before making a move..so if ur trading..stick to one chart and follow that , either long or short and lock in pips as u gain

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

no, i use 0.85 in red lag

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

reasons 1. Bollinger bands were narrow, waiting for breakout 2. both the lags and the stoch were not in agreement 3. i was not on my pc, but still would not have taken the trade

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

1min short trade on

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

how come u went for the trade..the stoch was still in positive territory

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

it may retrace till 234.50-60 area and the rebound back down

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

not worth the risk to go long when its below daily pivot and the heavy bearish sentiment..wait for setup for short trade

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

Move SL to 234.50 and wait till it hits 233, exit 50% of ur trade and let is go down...move SL as u move down

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

all lags and stoch also in agreement, will be a good scalp..may turn out to be a 100 pip trade

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

[quote=argentrad;1675431] that info was for those kind of setups, apart from the regular rules, so as not to miss on good trades..this is on 5min and 1min setup only red lag is still used for exit blue lag still is for entries and will continue till ...

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait

guys..i take back my words...we will not see 233 by US Open..we will see 232 lol

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait