Congrats, its really good..you can take a break and relax. do keep posting here so guys here can see how it goes about and how easy it is to implement this system and make easy pips

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

60 ema crossover below 200 Ema - bearish sign — here is another chart with a bearish crossover of 60 ema ( blue ) over 200 EMA ( red ) and now 60 ema and 200 EMA acts as resistance and it will be hard for price to go above it

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

chart to show important of 200 EMA ( Red) — Notice how price bounces off the 200 EMA, if price goes below, then it will for further 100 pips if on 5 min chart and more then 200 pips if on 30 min chart, this is for educationcal purpose

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

No Probs, as long as it suits ur style of trading, BB can show u the resistance or support in ranging markets,so can take some quick scalps, rest as long as it works, no problem, green pips are more important than minor changes

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

i was experimenting with some other settings but the result would have been same, i would recommend u to put the Lag-1 ( Magenta ) on top and Lag-2 ( Red ) at the bottom. You can take the entry from Lag-1 if its going in same direction as Lag-2, ...

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

Thanks for the post, its really helpful. Each trader will have different entries with the same signal, so that should not matter as long as we are in profit all the time and with this method ur losses can be 5% and winner 95% . I agree, adding Lag-2 ...

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

The only way to filter out bad trades is to have a SL of 25 pips from ur entry based on the 5 min chart and using my rules for entry, you can never go wrong here. bad trade happens when we take entries which are counter trend or while news time. So ...

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

trade taken earlier closed with +100 — trade taken earlier on # 268 closed with +100 profit url

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

usually price stalls around the middle bollinger and retraces up if its in uptrend and goes down if its in downtrend... EMA specially 60 and 200, price bounces of them unless a strong reversal of trend is there, so watch the price first go above 60 ...

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

my EFX shows 236.51

Auslanco - GBP/JPY and GBP/USD (newstrade)

regarding 5min chart strategy — Guys Majority of the traders here are newbies and most of them have a spread of 6-8 pips on gbp/jpy, so with the existing system of 2 laguerres, it works good for those whose spread is 1-3 pips on gbp/jpy. So ...

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

I always ask people to lock in profits, in your case, i would close my trade as both the lags are at bottom and first one is turning up, i would take the long and hold on till the second lag also comes to the Top. There is no hard and fast rule that ...

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

The Laguerre are not Expert Advisors, they are indicators it is only one indicator, but u will put 2 of them in the chart one after another and the settings are Indicators used : LaGuerre 1 ( for entry ) - Gamma 0.55, levels 0.10, 0.90, bars to read ...

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

you can use 950 or 9550, it is not making a difference

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

5 min double top..target could be 235.30 — i am seeing a double top on the 5min chart and its bearish signals on both the laguerre, i am taking this trade on a small lot of 0.01 to see if this does come down to 235.30 which i am targetting. I ...

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

1min Long trade about to trigger — 1min Long trade about to trigger target is +25 pips from entry level of 236.00 to 236.05 area trade was taken as 200 EMA will act as support and price will bounce back up The other time frames are all showing ...

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

We want to have 100% method which will remove the loss aspect and in a day on the 1 min chart, we will have dozens of oppurtunities , after removing the noise, so its left to ones discretion if u want to stick to only one Lag, that also is ok but u ...

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

you did make 25 pips on this, if i am not mistaken, moving SL to BE is good..so u lock in the profits, u will learn as u go by the trades

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

Yes, the trade is good...u could have kept the SL open if u were sitting on the PC, but anyway, profit in the bag is better then nothing, more trades will come by. If u notice the second lag is still not come down, once it comes, u will have a 50-60 ...

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

on the 1 min, i see the trend on the second Laguerre and usually take profit once i have +20 in the bag, rest is set to trailing stop. On the 5 min, i target 35+ and set a trailing stop

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