usually Lag shows first, followed by Stoch E/j looks good..can go long..but lock in profits every 10 pips up

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

bounce possible till 233.50 area — Monthly Pivot is acting as resistance and price is bouncing off it, also its lost steam go down more, may retrace to 233.50 -80 area again and then go down

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

1. Red lag had just become flat and sometimes it can be flat for 2-3 hrs and price goes up 2. Stoch had not crossed to zero or below 3. Price had not come below middle of bollinger band and closed. it indicates uptrend was still active

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

close, no way..i see it going down to 232 area and maybe 230 by NY Close

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

pls do post ur charts, so we can analyse where you went wrong, i placed 5 trades today and all are +50 and above, so untill i see ur charts i cant tell check the rules on post#1 for entry 60 and 200 ema i consider them as support and resistance

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

i dont use eur/usd,. too slow a pair , not my type

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

gr8 , its always good to protect profits....market can turn in a blink of a eye

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

download the template file from Post #1 , it will match the candlesticks

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

good call karmo, hope to see the target get hit before US Closes, more earnings reports on the way today..and not looking good... I am in from the last retrace to 234.40 area targetting 232.30

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

choose false in " Use Sunday Data " in the auto pivot indicator

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

good call, ann well done..sticking to rules does pay

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

what made u take it, i dont see any trade where u should have shorted it at that price, hold on..once london opens it will come down

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

yes, better wait till that is done as i took this based on the 1min and 5min red lag being on top for long time, and time for it to continue down. plus the entry point for me was good...

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

i took this trade ahead of signal...my SL is at 234.75

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

long closed...short opened at 234.35 target is 233.00

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

Thanks, HM, your comments are appreciated, did you get to try this method ur feedback can enhance this more

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

long trade - target 234.15 — long trade taken...

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

wow - 320 pips — guys isnt in nice to see 320 pips in the pocket after you wake up expecting maybe only 150 +..good day to start this week i had set a trailing stop and went to sleep when i was already +150 , it closed at 232.40 , was ...

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

wait till london open to trade — guys the market is very volatile and volumes are very thin, this is not good for trading, hold on till London Open to take any trades I am off for now, see u all in London Open

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

usually the forex market opens at 5 pm EST, some brokers thou open at 4 PM EST, so it will take some time for others to open

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