I understand what you say but the pivot indicator i have been using is good enough and calculates daily pivot automatically, and when prices go below s1, i consider that to be the daily pivot and use to trade accordingly,

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

thats nice to hear, but this method works fine with all pairs, just need to use the 5min chart trades

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

you need to download the laguerre alert indicator, just putting the laguerre u will not get the alert, looks some posts earlier, someone had posted it

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

i would have gone long if i was in the 1min chart trade, but will take as many pips markets gives me and wait for a good entry for going short

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

how pivots can be useful as entry and exit — one more chart of pivots, see how price bounce back from the weekly pivot

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

yes, bulls eye...its very accurate and when combined with fibs , you can actually set ur TP and take a break and come back and ur TP is hit

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

yes, thats what i want all to contribute to this idea and make it fool proof

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

send me the ea thru my email, PM me for that so we can test it jointly

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

value of having pivots — Look below, such a classical example of price finding support as per the pivot indicator, and as price is below pivot , bias is bearish below daily pivot also testing the lag indicator which shows when to long and ...

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

yes, use these settings , except that short when lag pierces 0.85 on 5min, you can keep tp as 50 -70 pips lags need to touch 1.0 and then reverse for shorts and 0.0 for longs

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

that was only for manual exits, for automation, its need lots of AI to recognise those patterns. But if you feel u can make a EA which can do more then 80% good with the same rules on post, then pls go ahead and let us also do the testing with your ...

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

ys, mark this strategy works on all time frames and for any pair

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

patience is the key bro, u cant expect to have 50-60 pips in 5 mins...allow the reg lag to come down, u will have +70 pips

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

can u send me the pic, maybe due to some previous resistance at that area, i may have recommended a trade or maybe a typo

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

for 1 hr time frame, i would not touch this with a barge pole unless Lag-2 (red starts to go up) all the lower time frames are showing bearish tendency and we are expecting a 200-300 pips fall this week for this pair, check how the 60 ema has ...

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

The problem with EA is that it will not have the intellegence to see what the price action is happening in front of ones eyes, and this leads to most of the EA's failing. Why dont u use only one Lag to enter and exit trade in the EA, this may work ...

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

Unless the EA has not been tested by any of us and forwarded tested atleast for 15 days, it would be unwise to post any EA link here, people may be misled.

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

right now price is below daily pivot, so my bias would be to short this pair if it reached 239.25 area, got to wait and see what frankfurt and london does to this pair, my entry could also be around the pivot area and first target is the daily s1 ...

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

quite interesting, can keep tabs on the 60 and 200 ema and if any bounce or break..good indicator...thanks

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

gbp/jpy respects past resistances and support and price had failed to clear 238.55 in 2 occasions recently and 238.55 was a pivotal support before the fall to 219 in august, so the bounce was expected, thats all

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