was having lots of charts on my desktop so posted a wrong one....check the eur/usd

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

wow..this was good..red Lag works like a charm in news time..specially this news..its like magic will post some charts, have a look oops...i was looking at eur/usd and gbp/usd and by mistake posted the u/jpy

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

reg lag for 5 min..1 min will be too close...and trades only after 5min of news...SL will be same 25 pips...tp will be 30-40 pips

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

its a good trade...right now for todays news..trade only with the red Lag

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

just testing out the Reg Lag indicator only as entry and exit during ranging markets and it looks good..have a look guys...go long when it goes above 0.15 and go short when it comes below 0.85

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

Tayata today is a very big news day and specially during this hr, markets tend to whipsaw too much, so i advise to shift to higher time frame like 5min and 15min to see the trend and just watch where the Lag indicators are 5 mins before news and 5 ...

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

yes, in this choppy market, and specially today..i would rather sit back and study the chart movements and do paper trade..and save my capital.coz no indicator will work today....its going to get haywire

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

the second chart is much better to use as the first is not right to enter a trade also see the bounce of price on the 200 ema, it is another indication that buyers are in control of market at present right now, market is ranging...so enter and exit ...

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

as per the chart, ur entry would have been around 237.40 area, am i right, and since its a big day today...the movements are very slow..that may be the reason it has not fallen yet, its ranging between 237.10 and 237.50, we will see a breakout today ...

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

Manually Bro, i dont trust robots thou i could like to test and see if it works 90% of the time

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

that would have been a very good trade if u had taken it, as long as the blue lag is moving down and the red lag is also at the top...then it can be a trade but if the red lag also follows down then it will be the icing in the cake, can expect 30-50 ...

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

technically, it was a tough call, but as the red lag was climbing , that trade would have been safe. Only if the red lag is at the top and going flat, that would have not been a good idea, if doing for scalping 3-8 pips then its ok to take that last ...

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

1. Download the lag indicator from post #1 2. Close MT4.0 3. Go to the MT folder, go to experts, go to customer indicators. 4. Copy and paste the mq4 file into the customer indicators folder. 5. Restart MT4.0 and seek for your indicator in the ...

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

Pips in the bank are more important, i consider 1 pip profit also as profit, imagine if u were trading 100 standard lots think that way..think Big. I have marked on the charts where u should have ideally entered and pls you need to trust the Red ...

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

The way the Lags work are that the Blue is our trigger for entry and since its gamma setting is set to low, sometimes its creates false signals, so to make sure of our entry, i had introduced the 2nd Lag ( Red) to atleast cofirm where the trend is ...

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

Hi Excellent work, i welcome you to this thread and plesae feel free to post your charts and comments on this method, so all of us, including me can learn from it, we all are always learning the Donchian channels look really good..can u post that ...

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

the start of london open till about the time DOW closes is good time for trades

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

During the crossover , either down or up, you need to wait for candle to touch the ema first before placing a trade and also need to check the Lag indicator what it is indicating, so as to confirm your trade the crossovers in 1min are sometimes ...

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

it was based on the 15min and 30 min indicator position . Sometimes the asian session is too slow to take the moves, by tomm london open we should have more clarity Without emotion, there is no fun in trading

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

No, i would not have taken the long trade, maybe for some quick pips yes

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