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imransait replied Oct 3, 2007going long on the approach to 200 EMA is good move, but u need to keep SL in place as and also watch the other time frames for any support at those level
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 3, 2007Hi Kevin your comments are appreciated. We are working to get a alert system in place so that its convenient, i am in the process right now of doing that and should have something positive soon, maybe in a weeks time, till then do keep in touch and ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 3, 2007Hi Emda This is not experimental, only the method is new and its proven itself in a short period to be very effective, but i do agree that it will take time and experience for newbies to understand and use this system, thats why we have many ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 3, 2007can u let us know which other EMA's ur using
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 3, 2007First and foremost is patience and the conviction that what you see on the charts and what the indicators are telling u are correct and wait for it to realise. have faith on any method you are using and analyse why u took the trade and what ur Sl ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 3, 2007I first choose the time frame to trade . example the 1 min, i dnt look beyond the 5min for trend and if both 1 min and 5 min are conflicting, i then only do small size trades with very tight SL of 10 pips if i see the red lag starting to move in the ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 3, 2007good anaysis and information, well done mate
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 3, 2007can you pls post a chart with ur readings, will be helpful for us to learn
GBPJPY Top & EJ
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imransait replied Oct 3, 2007if both indicators are at bottom, and then going up, u will go Long and if they are at top and going down u will go Short The indicators work good in any kind of market if you can post charts of ur trades, we can help u make a correct decision of ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 3, 2007Forex news Update - by Felix — On Thursday we will have a few things happening. 1. Thursday, October 4th, 2007 (7:00 a.m. New York Time) UK At 7 a.m. New York time we will have UK interest rate decision. It is expected that they will hold the ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 3, 2007Usually i dnt like SL of more then 20-25 pips, becoz if it gets hit, then we are not doing a proper entry in market and need to look into the method of entry. I missed out on the SL by just 4 pips, market went up and came down , it happens, so next ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 3, 2007Hi Blazer Sorry for the delay in reply, hope you have got some replies from some of the wonderful people here on this thread, these are my views on this EMA's as i have found them to be good buying and selling points, offcourse some mistakes have ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 3, 2007reg feedback and replies — Hi Guys just came back, its really overwhelming to see so many queries, i will clear all of them tomm, its almost midnight here., see u all later...enjoy the pips
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 3, 2007will be back in 2 hrs - post charts for any query — Hi I was away for prayers and will be away another 2-3 hrs, so anyone has any query, i will come back and answer each and everyone...also those who are winning and loosing, pls post ur charts ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 3, 2007importance of 200 EMA — if traders would understand the important of 200 EMA and 60 EMA, tons of money could be made from the bounces and break of it, just see the chart below where the 200 ema in RED bounces prices off it...this is the 1 min ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 3, 2007well..what goes up has to come and its coming as we speak down
we need to watch the 200 ema and 60 ema on the 1 min and 5 min chart..a break of it will take it to 235 areaSimple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 3, 2007i use the 1min with only one laguerre i.e the 0.55 one, as the movements are fast, so can catch 5-10 pips quick for the 5 min, i use both to confirm and then take a trade
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 3, 2007DOW opens Lower - keep a watch — DOW has opened lower and going down..keep a close watch I am off to open my fast and prayers...either my SL will get hit or my TP when i am back
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 3, 2007I am keeping a close watch on the 60 ema and 200 ema on 1 min and 5 min Price is below 1 min 60 ema, if it goes to 200 EMa will watch if a bounce happens up Just as i was typing it,the beast went up...need to watch a close of 237.25 on the 15min ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 3, 2007Hi Basil yes, now i am sticking to the m5 chart for posts and method here, but i will be using the 1 min also , those who have low spreads can use 1 min too Laguerra2a is good for people who dont know how to add it to one window, rest its fine
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait