it broke ur lower trendline , bro

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

mt4 working ok now — am back guys..firewall was causing problems...anyway good to see some pips in the bank even thou i was not able to see charts short from 237.80 target is 236.30

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

new Metatrader Update ver 4 buold 211 connection problem — Hi Guys anyone here have updated their Mt4 to build 211 today, let me know, i did the update and now its not logging to any of the servers imran

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

yes, on 15min, the sell signal of blue lag is worth +50-60 pips minimum check the 1min and 5min lags, all are sell signal

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

Strong resistance at 237.80 are and price not able to go thru it after several attemps and lag1 going down, lag2 being on top for extended time, checked other timeframes and its bearish...

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

bearish outlook as unable to go above daily pivot — taking a short from 237.60 with Stop at 238.30 and First Tp at 236.30 S1 will analyse situation after US news and update Second TP This is a long term trade so my SL is higher, trade at your ...

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

30 mins works fine unless u take a counter trade and it is still on during the news time. The indicators work well even during news time as long as you do not deviate from rules , thats why a tight SL is important to preserve capital, if SL is hit ...

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

news usually affects the Majors and since its a cross , it also gets affected. reports are that the CPI is going to come nuetral, so need to watch the reaction and then take action as always i am away from news 30 mins before and after,

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

Well, nothing much into it, the Second Tp was the 50% fib of the high of 251 to the low of 219 and the First Tp was a major resistance area while it went down from that high, so just put them on and it worked like a charm The downtrend was very ...

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

Rockwell,those were fibs and were taken from recent highs and lows, and also on confirmation of the lags, and the bearish sentiment , notwithstanding the reports from the major companies in US. It does look good when price comes to the expected ...

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

Guys, i took first Tp and Second Tp was closed at 236 as i found the momentum weaking and took a reversal trade went long from 236.15 Tp was 237.30 which is already achieved, right now price is consolidating, so am off the sidelines till i get a ...

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

template works on all timeframes, post 1 has all of the indicators and template

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

ur welcome chris, it gives me lots of pleasure to know that someone had benefited from what i have learnt and am still learning, its been really a eye opener that simple systems are indeed powerful and profitable look forward to you trading the ...

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

yes, that would have been a good trade but u need to know that it was a counter trend so u should take profits as u get , dont wait for a 100 pip move

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

gr8 trade, makes it look so easy, and it is really easy, if we can only stick to such simple chart. i am going to use some of these examples in the pdf that i am making,

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

sometimes or almost most of the time, on 5min chart, the lag2 is flat for 15-20 candles..so nothing specific is prefered...but usually after 10-15 candles,trade can be taken in the direction of the lag2

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

maybe after some retrace as 1min and 5 min lag 2 is at bottom , but 15min, D/s is still on

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

the 5min chart showed the long entry, so what was wrong check the position of the lags, they were all going up, if the trade was as per rules on post 1, then it would not have been a problem

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

The lag2 only gets pinned down for long when its coming close to the end of the trend and is consolidating, unless both lag1 and lag2 dont confirm a move down or up, its better to wait and enter a little late then enter early and lose some pips ...

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

lags when in alignment can net lots of pips and it worth the wait, even on 5min, it can net somewhere between 100-150 pips on g/jpy and 50-80 pips on other currencies

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