Look at this nice trend line on the hourly.

GBPJPY scalpers

Agreed. This has the potential to turn into a bumpy ride. We'll see what happens.

GBPJPY scalpers

That was classic. I guess we can't handle the truth!

GBPJPY scalpers

I'm short at 200 and will add shorts if she decides to "Moving on up...to the East side".

GBPJPY scalpers

Feel free to join my Scalping room if you like My scalping room: Forex Scalping Group - at tradingrooms - Password is pass

High & Low 8 Hours (GBP/JPY)

Just my opinion but this system works well except when the pair gets stuck in ranges like the past 2 weeks or so. She seems to be out of ranging and should do well again.

High & Low 8 Hours (GBP/JPY)

Ahhhh! I'll raise your 220 to 223!

GBPJPY scalpers

220! What kind of meds are you on?

GBPJPY scalpers

Entry was 201.2 ;-) I had a higher SL but moved it down for some pip insurance!

GBPJPY scalpers

I'm currently short with a SL at 201.45

GBPJPY scalpers

Moved SL to 201.45

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

I'm in short at 201.2. I hate to go against the momentum but I'm seeing a reversal in the making based on R and Fib levels.

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

OMG! That looks like a mainframe shot out of a 1960's movie! This baby is on it's way down. I'm showing we are in Wave 5 and on to new lows!

USD/JPY Discussion

DOH!!! Affirmative :-(. Now that the FOMC is out, I'm waiting to bust out of this range before I do anything. I hate when this pair ranges :-(

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

Looking for a reatrace to 209.5+ to reenter my shorts!

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

True...but descending triangles are usually broken eventually which is what I can see B

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

Looks like FXCM is losing a client as I'm tired of waiting. B

FXCM Discussion

What do you use the Red laq for? Just conformation of the trade? Also, have you tried this on g/j? TIA, B

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

I second that! B

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

Does it only have to cross the 2 or actually have a full 1 min bar over the crossover? B

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