no news today and its purely positioning happening and technicals at play, pivot levels, resistance and supports

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

If you notice the red lag in 5 min has not budged from the top and once it starts to move, then expect atleast 70-80 pip movement by the time it comes down so keep a watch at the lag in 1 min and 15 min time frames also

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

keep moving ur target as price may go to 239.20, 200 EMA on 5 min Lock in pips as u go down, maybe it may try to reach 238.70 also

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

entry is valid, but keep a watch for bounce of 60 and 200 ema

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

I had already told guys here that all trades from last week end will be only on 5 min, 1 min is only when spreads are low. U can always check on the 1 min, but use the 5 min for entering and exiting trades

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

i should have stuck to 5 min, 1 min messed up my trades today..so am off trading today... bad days happen to me also

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

good analysis and good work, it is indeed reversing closer to R2, so now it should find support near R1 , if goes below R1 then pivot will come into play

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

Price may retrace after reaching close to Daily R2 @ 240.46

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

yes, it is R1

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

hi sam it was a valid signal and would have netted u atleast +60 pips both the lags were going up

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

if you plan to enter shorts, keep stop loss above S1 of todays pivot

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

just wait for 1 and 5 min red lag to clear 0.85, market is very choppy

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

Now the 1 min to 15 min charts all the lags are in agreement. so take a short with a tight SL , and keep locking in profits as you go

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

the trade was spot on..but it was wrong time..NEWS was there

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

You are correct, the bollinger band center was resistance and price was below it, so this would not have been a trade, even if it was a trade, once it came below 0.45, it would have had to be sold. Signal B: ! This is best as indicated in the chart, ...

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

keep a tab on FF home page and mark any high impact ones and keep it posted to ur comp or have some alert u 30 mins before the news

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

The Spike up came even after the lags showed sell was because the FOMC interest rates minutes were released, and it was a high impact news release, should have stayed out of it for 30 mins and then entered

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

on 1 min or 5 min ?

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

stace, check the rules, the lags need not move together, the blue lag moves first and thats the lag we use for entry and the red lag is used only for exits and confirming our entries

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

post chart and its news time...FOMC minutes release..do not trade for 15-20 mins

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