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imransait replied Oct 21, 2007Hi Thanks for ur comments. Well, just to indicate the power of the setup and method i am using, if in ranging market i am able to make more then 1200+ pips a week just from gbp/jpy , imagine what we would be making in a landslide or a uptrend ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 21, 2007yes use 5min or 15min, risk to reward ratio is almsot 1:4 in 5min and 1:6 in 15min
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 21, 2007Hi peter I trade only gbp/usd, gbp/jpy and usd/jpy as all three are co-related. My timeframes are 1min, 5min ( Intraday - open and close same day ) and 15min ( for long term trade 1-2 days )
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 20, 2007EA's dont have artificial intelligence and thats why fail most , we need to intervene manualy and take the trades with the trend,
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 20, 2007Hi Sam welcome back, the LISPA1 and reverse indi are different and can be used in conjunction to take better decision, the reverse indi has good potential and may need some tweaks in different market conditions and to suit each traders style, ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 20, 2007Hi Paris Thanks for your comments and feedback. Backtesting is not always reliable , specially on Mt4 and the method i am using is meant to be used upto 30 mins timeframe. on the 1hr time frame and higher, only one lag is useful and ur observation ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 20, 2007thanks for your comments, but if you would be kind enough to explain why this system will not prove in all market conditions, so we can all take preventive action, but as of now, it seems to work well atleast for me and i will continue to improve it ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 20, 2007HI Herbert thanks for the superquick fix, also can you check ur PM, sent u reg EA, can we work on making a EA with entry and exit rules based on the laguerre and this indicator also can u recheck this indicator, as the arrows are not coming
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 19, 2007LOL...it will be really fun , isnt it, and its just begun
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 19, 2007900 pips a week, guys ur putting me to shame, you got to do 900 pips a day
Lol my aim is that each of you should do on a regular basis atleast 200 pips a day, thats my short term goal , long term is 500 minimum each daySimple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 19, 2007no probs, mate...chill pill i am off now..see u guys after dinner
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 19, 2007Guys, just sit back and close any trades which are positive and keep a tight Sl incase its not, coz the close of DOW and end of week brings in its own votality, so not worth the effort. there is always next week which will bring in more ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 19, 2007going out.see u 1 hr before close — Hi Guys see u after US DOW closes, will be fun as i see lots of action during the last 1 hr of the week
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 19, 2007TP are the Support and resistance lines drawn from the pivot indicator if in uptrend, R1 ,R2 and R3 are the Tp's if in Downtrend S1,S2 and S3 are the Tp's Central pivot is the daily
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 19, 2007Brian this thread will not be closed, it will continue as it is right now, and at present the group is in its initial stages, after all suggestions, things may change, so chill out and relax, will keep you guys informed
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 19, 2007hi thomas thanks for the help, i will surely think of that but this place has been fabs and i will want this thread to continue and be the first place a newbie would look to come , either thru recommendation or thru its sheer popularity. Surely i ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 19, 2007do send in all ur suggestions to my email , so this thread can skip all this. i welcome any suggestions, so do send in the bricks as well the bouquets imran
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 19, 2007yes, brian, once this challenge gets over, and we post the results, then i will expand this to all . Right now, the 20 slots for the challenge are amost over, i will maybe keep 10 more as standby . I wish i could have all but need to concentrate and ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 19, 2007am working on that, setting up a group of traders who will form the core group and then will have a small challenge for all of us to make 1000$ to 10,000$ in 2 months time , and then open a forum where we will make live trades 24 hrs a day based on ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 19, 2007HI Ur welcome, do share ur comments and trades with all of us right now am only concentrating on gbp/jpy and usd/jpy and gbp/usd as they all are co-related. I want to add eur/usd, gbp/chf, aud/usd aud/jpy to the list soon
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait