SL is 50 pips from the time the lag-2 moves above 0.15 i.e when the entry for long is made and vice versa for short trades First TP is 150 pips and Second TP is 250 pips from entry price

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

gbp/jpy moves very fast, so unless the indicators are in agreement. its unwise to take any trade

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

price is very close to 60 EMA which has acted as resistance and red lag is pointing down, trend is bearish so no long trades

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

yes, expeciting the first target to be hit today before US close and the next by asian session

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

on 15m , u can expect 100-250 pips in 2-3 days time , and if trend is as strong a todays, u can expect 300 pips also

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

It was only for this trade based on the highs seen since past 4 hrs and since the trend is bearish, i kept it at 50 pips

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

i am short from 237.60 , first Tp is 236.35 second TP is 235.70 Sl is 238.10 , if it goes above 238.10, may look at going long

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

going to be a good day for shorts — Hi Guys US news and stock market news is not helping usd stablise , so we may see a meltdown happeing in the carry trades, so hold tight, its going to be roller coaster ride

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

entry on next bar after the laguerre confirmation

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

Wall Street appeared headed for another tough session — Wall Street appeared headed for another tough session Tuesday, as stock futures retreated on comments from Federal Reserve Chairman Ben Bernanke that housing remains a drag on the economy.

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

wait till news, bollinger bands are too congested, better to wait it out

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

also news is coming out, so got to keep a watch and enter only after a breakout

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

yes, but be careful to lock in pips as u go high. as the overall trend is bearish and if the DOW goes down again today. it may be nasty

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

it will be only a short trade and quick in and out , as long as trend is bearish..i would be careful to enter with tight SL in case of a reverse

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

yes, it would be good to go long..keep SL 25-30 pips below entry and keep banking pips as u go long watch for the lags in 1min and 15min time frame

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

check the red lag on 1 min to 15 min...it does not have power to go down more..we may see it go to ateast S2 , OR 60 EMA on 5 min chart

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

if you are new and are not sure,wait for red lag to move above 0.15 and then take the trade to post a chart, right click on the chart and save picture option is there,save it and post it here by attaching it using manage attachment option just below ...

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

yes, i am already in from 237.15 , my exit would be S2 , SL is 237.00 , will be moving my SL as it goes 25 pips high

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

Hi Rockwell..welcome and good to see you posting and good to know ur doing good...pls do post charts of ur trades so all of us can learn from it When the lag indicators are at top or bottom for quite somtime , then its indication that the strength ...

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

working on it, need some platform where we can share charts etc

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