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imransait replied Oct 3, 2007Once you see that the red lag is at the top, u should take 50% profit and let the other run till red starts to come down...this way u can protect ur profits. Also a close watch on the other time frames will help, if u notice even 5min red Lag was on ...
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 armin i see that ur entries are little late, i will send u where ur entries should have been, as long as ur in profit, its ok but it can be improved. I am going out now, once i am back, will resend ur charts with my inputs
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 3, 2007when u took the entry, blue was already on top or did it cross 0.45 upwards, coz if u see, the 60 ema has crossed the 200 ema , that is bearish, you should short it
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 2, 2007see u at London Open — ok guys, asian sessions are always dull, so am off to sleep...see u all at london open.
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 2, 2007Shorts be careful — Those who have shorted or plan to short, hold on till price comes to 236.50 area, i am seeing it reverse to 236.40-50 area before going down, so u can get a good price to short before london opens
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 2, 2007no probs mate, ur always welcome, specially adding the second laguerre for exits has made this strategy almost flawless, all this is due to the feedback from traders and what they want from this strategy
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 2, 2007dolji on 30min...may be a bullish reversal — the last 30 min candle formed a dolji, may be a reversal of the small term trend from bearish to bullish...keep a eye..we may not get too much action before London Open
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 2, 2007watch the 200 EMA on 15 min chart, price may bounce from that..if it closes below that, then 235.30 is next target
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 2, 2007We may come close to 234 area or lower if the stock markets go down , got to keep a watch on the news today and tommorrow. we may be in the range between 236.50 and 234 till BOE news
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 2, 2007red lag is going up, wait for it to go up and then short it once it turns around
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 2, 2007yes, i used the 1 min for entry, will add one more short if it goes to 236.30 area again I was watching the narrowing of the bollinger band and took the trade based on hunch that it was going to go down and within 1 min of the trade it went down
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 2, 2007keep it coming, the only way we all are going to make good on this is if everyone can share his views and we analyse them
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 2, 2007you bet we are...i was short from 236.50 , took first profit at 235.89 Second Tp is 235.30
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 2, 2007great work, mate...keep it coming...nice to see such good analysis..my bias for g/jpy is bearish below 236.30, we may test 234 area today
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 2, 2007ok, in 30 mins volumes will start to flow as the asian sessions starts
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 2, 2007pls right click on the chart and say save picture, it will save the chart, u can then post it...which timeframe do you want to go long, 1 min or 5 min efx spreads are high as the platform just got restarted after the daily maintainance, it will be ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 2, 2007on the 1 min chart, in a day usually i get to see 15-16 signals on the 5 min chart about 5-6 sigmals 15min - about 2 and all other time frames it depends , from one signal a day to one signal once 3-4 days
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 2, 2007PM for chandrasekaran — Hi Chandrasekaran sent u a PM , pls check and reply
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 2, 2007wow, this looks really good, i will test it out and let all know the result
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Oct 2, 2007From what i see on the charts, u could have easily made more then 70+ pips from those price action,
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait