personally i dont use trailing stop, i take a trade only when i am in front and close in front before i leave the comp, so see which suits u and take action 15 pips is for gbp/jpy..it can be less for e/usd as movements are not much

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

50% at R2 and remaining put a trailing stop and take it out if it reaches R1

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

from the 5 and 15 min...it may go to test daily pivot or close to it

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

it will not breach s1, lags are showing bullish movement

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

not to worry, it will come down another 25-30 pips..so hold on

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

not safe to buy, as reg lag may come down, but if u take a trade, lock in pips as u move up...i would not take this long trade

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

Hi Download the template file from post 1 and use that, it will show u 2 seperate lags , what ur seeing is maybe the 2 lags put under one window for convenice of some users imran

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

bernhad, this method works good on all timeframes, jst combine it with fibs use the blue lag for entry and red lag for exit...u can expect 250-400 pips in the 1hr to 4hr timeframe, over a period of 3-4 days time SL should be 100 pips from your entry ...

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

yes, can be a good point to short...

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

gbp/jpy has a regular habit of retracing to atleast 50% after a fall or rise, so just to keep a watch at that level and to take partial profits off the table

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

dont worry..let the DOW open...more fun to come

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

the pivots are always there , the fibs maybe old ones.. well...double top and Lag2 going down, was classical case , so took it see u from work

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

dont see the pivot charts.sent that only with pivot settings..other lag was testing purpose

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

yup..may try to go to pivot and reverse , lets see what lags say when it goes there

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

its due to different brokers...keeping sunday to true or false does not help much here is attached my other broker pivots

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

my pivots — attached are my pivot points...from the same downloaded indicator from post 1

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

maybe mine has got corrupted, i also will download again and see

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

if u notice now. g/j is approaching S1, see it bounce back up after that and try to go for a retracement of 50% and fall back if u notice the lags from 1 min to 15 min..all look exhausted and this beast needs a break..after a retracement , once US ...

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

My pivots are set for Sunday data - true and i use the same indicator which i have posted in post 1 Strong trend can be gauged from 5m to 30min charts , see where the position of Lag-2 is , if S2 gets hit when Lag2 in 5min is still halfway, then ...

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

trend is bearish so giving only the supports Daily Pivot : - 237.31 S1 - 235.80 S2 - 234.32

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