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

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

not yet, some is working on it, but i would always prefer manual trade, lets see what the results come out of the EA

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

have patience dear friend, once its moves, u will be happy g/jpy has twice failed to clear 238.50, so bounce will be up, if it can go thru 239.10 I am long from 238.73 targetting 239.15 first and then 239.35

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

this method works good for any pair on any time frame, so expand ur horizons and keep it simple

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

trust the Lags, no need to use too much of logic, most of the times u wll come with big winners and the short SL will keep ur losses in check Also a crossover of 60 ema over 200 ema is sure trade entry , with stops maybe 10-15 pips above the 200 ema

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

reply — Specially the 1min and 5min, can make us enter into trades much sooner than the trend has started, so if u keep tight Sl , and enter at the extreme top for shorts and extreme bottom for longs, and take confirmation from the second lag ...

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

thats nice to know, congrats

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

Dear Friend Please do not overleverage unless u know exactly what you are doing, if not ur a/c will be over in 2-3 days time. Please study the system, check it out on ur charts, get to read them, ask questions and enter trades based on what you see, ...

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

good work and congrats, this system is easy and most of them make it look hard, just stick to the lags and nothing else is needed. trust them, they are very strong indicators

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

good work guys...keep it up — sorry.been busy today , will reply to all today...till then guys here who are helping ur doing a swell job do share and help each other

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

The lag 2 gamma is set at 0.85

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

i have not traded too much higher then 15min....my 15min SL is 35 pips ( i usually add 10 pips for every chart increase in mt4) TP is when Lag-2 turns around, or any target i feel is good enough or near strong support / resistance levels..its not ...

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

Most of my trades are on ODL, i also use Northfinance. are your lag 2 gamma setting 0.85, then its correct, if not change it, i keep experimenting with the gamma settings for Lag-2, so its ok..just keep it at present to 0.85

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

ok..this is better, so we can change settings and evaluate, thanks for this

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

i also use 1 min , but since today volumes are low, safe is 5min

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

i only listen to what my indicators are showing me, i cant tell any trade call here as others may take it without discretion, always trade what charts tell u to do today market is choppy..japan and usa are closed , so take care

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

here is a chart which shows the entry and exit...exit of mine is still open as the lag-2 has still not reached bottom and turned...i put this only for indication

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

Lag 1 is always used for entry and Lag 2 is used to exit, this way the profits are maximised. We do not take entry on Lag2 unless its the only lag we use for entry as well. Hope there is no confusion on this. Why i dont want too many indicators like ...

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

yes, its always important to protect profits and most of us are guilty of letting it slip thru our fingers. You can look at the 5min chart for g/jpy as it gives u better position to be in the trade rather then 10 min, but if 10 min is working for ...

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