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imransait replied Oct 3, 2007you have closed the trades, u may get another +50 pips more
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 3, 2007Sl hit at 237.50 — Guys, this was a false break high, i took another short from 237.45 tight SL at 237.65 Tp is same 235.80
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 3, 2007yes, sorry for the typo, the SL is 237.50 TP is 235.80 here is the template
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 down means USD/JPY down and that drags G/J down
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 3, 2007Short taken - 237.15 - Perfect 5min setup — Short taken now @ 237.15 TP is open SL is 235.80 , if it goes above 237.50 then will take a long trade. I dont mean to do this as trade call, only to confirm if my method really works, pls do take ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 3, 2007No, u need to add the Spread in that as it varies between brokers, mine is 1-3 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, 2007yes, and all are keenly watching a daily close above this will reignite the way to 251

Auslanco - GBP/JPY and GBP/USD (newstrade)
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imransait replied Oct 3, 2007ranging market — Market is ranging..good for quick scalps for those who have less spread on g/jpy ..i am out till US open and News, will trade after news is out and what the DOW does
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 3, 2007personally i am able to trade the 1 min and 5 min without any drawdown, maybe 1-2 losses are part of the human nature, u make some and give some to the market, there is no such thing as 100% success, 90% is achievable I keep looking at the 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, 2007can u post the chart, basil..try to zoom in and out,
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 3, 2007yes, because once Lag-2 starts to move, then its going to go down very fast if its at the top..so better avoid the risk
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 3, 2007its been a seesaw from Morning, it will range within 237.50 and 235 till the BOE interest rate statment,also need to watch the Stock Exchanges, US open will give us a clue where they want to take this beast..higher to 238 area or lower to 235 area
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 3, 2007Yes, Laguerre is almost same as RSI but it cuts down on false signals and much better then RSI, my BB are 20,2
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 3, 2007No, it will be a valid entry as already lag-2 has made its move down, and if its pointing down, it will reach the bottom, so u can take that 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, 2007236.7 to 236.80 good level to short — 236.7 to 236.80 good level to short , i have moved my SL which was at 236.75 to BE
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 have heard about it but not tried it, i find my method easy for me to use and follow use a 5 min chart to trade this beast with my method,study the rules for entry and exit and i assure u will not have one bad 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, 2007Its all in the mind,as long as you just keep it simple and follow the indicators, nothing will go wrong, unless ur in the middle of a news event and get whipsawed. I do agree that taking a short is not easy when the price is above daily pivot, but i ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 3, 2007a possible short trade on 5 min chart - gbp/jpy — Wait till the blue lag is come to the top and turns down to 0.90 to initiate a short position targetting 50 pips and SL of 20 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, 2007a entry which i took today, see where i took the entry and why and where i see it going also see in a downtrend, price goes till the middle bollinger and turns down..this is a early indication that the uptrend is over and reversal in progress
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait