thats a false break...it will start to retrace once DOW is closed

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

my stop is currently at 235.85 as i feel that 235.60-75 area cant be overtaken, and has strong resistances, my TP is now at 234 as i feel the bounce down will be strong i will try to post the timings of my trades from tomm, i may not post all trades ...

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

short oppurtunity Around 235.60 to 235.80 area — 235.60-80 has strong resistances, so going short with a SL above 236 will be a good trade for atleast 150 pips..take at ur discretion

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

breakout will happen to downside, it has no power to go up, it needs ammo to go up..this may go down till 233 area and then bounce back in asian session i have been posting whatever charts i have saved, cant post all charts as i would be in trades..

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

yes, today actually 12 trades , most of them on 1 min..5 trades on the 5 min since asian session one is active now...short taken from 235.25 targeting the daily S1 234.55

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

i use northfinance..prices are not same as efx..but its ok..as long as charts are avail...

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

i take on the 1 min and 5 min...majority are on the 5min..1 min is basically when its ranging

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

very simple, the second lag was not in agreement with our entry, so this is a no trade

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

1. start 1 hr before london opens and 2hrs after it opens and 1 hr before London close...best for getting good pips 2. i usually take somewhere between 8-10 trades - and i start 1hr before London opens and till US Close

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

yes, looking short and waiting for signal from 5min chart, 15 means looks bearish and 1min also...so holding on..no trade unless signal is clear

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

higher timeframes so i can know if its time to take profits as higher timeframe emas tend to be strong support/resistance..so to be on safer side...

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

check ur email , sent how to get it..maybe ur broker may not have that feed..mine is northfinance

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

i meant to wait for shorts if the lags are in agreement, we only follow the rules of the lags and pivots. When price has reached this much high without any retracement, it is always safe to go shorts as the power to go high is not there. Going long ...

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

DOW sitting on 200 EMA support on 4hr chart — guys DOW is sitting very close to 200 EMA support on the 4 hr chart 15m chart shows start of a downtrend as per my method, so sit tight..maybe in for a ride down on u/jpy and g/jpy

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

i have moved SL to BE, once it goes +50 pips from my entry with move it to +20 BE and so on..so lock in profits...price can change in seconds

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

thanks, pipchick and welcome to the thread your views and analysis are always welcome...gives us something to keep in front of us when we take the trades

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

price ranging at Daily S1 — Price is trying to go below Daily S1 at 234.55 , once it goes, next resistance is at 233.75 and then at montly pivot at 232.82 I am short from 235.15 SL is 235.50

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

Hi Bernhard send me the setup, let me check it up along with you , if it works good and enhances this method, we can add into it. email me

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

LaGuerre 1 ( for entry ) - Gamma 0.55, levels 0.15, 0.85,0.45 bars to read 9500 color green LaGuerre 2 ( for exits ) - Gamma 0.85, levels 0.15, 0.85, 0.45 bars to read 9500, color red For the Lags Enable Fixed maximum (~1.05) and fixed minimum ...

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

it will depend on the risk to reward ratio..minimum should be 1:2 and can go higher for e.g my SL and TP for g/jpy are 25 pips and 75 pips to 150 pips per trade based on 5 min chart setup so u have to have that accordingly, i cant tell exactly..but ...

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