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imransait replied Sep 30, 2007it depends on how strong i see the second laguerre, i usually do a trail of 20+ from BE or if i get my intended target , i close the trade. Multiple things come in mind before i make that decision like any Support or resistance point, any Fib point ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Sep 30, 2007example of 30 min using the Laguerre -2 as exit signal — example of 30min chart using the Laguerre -2 as exit signal Pls ignore the typo in the chart image , its mentioned as 4hr..it should be 30 min
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Sep 30, 2007Good one, but i would take a trade which aligns with the second Laguerre as if i had taken the earlier Long entry on the first Laguerre, the second Laguerre was showing a downtrend, so to be safe, if both laguerre are in agreement, 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 Sep 30, 2007Well, to get used to the system, i would prefer to trade with as low lot size as possible ur broker can give ( Mine give 0.0001 i.e i can trade with 1$ ) u can use max 10% of ur capital and SL can be max 2% of ur capital or 15 pips for 1 min and 25 ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Sep 30, 2007feedback from members — Feedback from Members i received regardint this method, they do not want to be named, so am respecting their privacy member 1 ======== Hi there, thanks for sharing, i have been scalping the gj for a while now with good ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Sep 30, 2007Educational Material from FF Members - Must Read and Very Informative — General Info to safeguard against choppy and whipsaws - courtesy FF member ( FrankTheTank) ================================================ Only trade with the medium term ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Sep 30, 2007New Rules for Entry and Exits - Updated 30th Sep 2007 — Guys, i am not able to edit post 1, so pls find the new rules for entry and exit, do let me know how it went. This filters out the noise in the 1 min entry and exits. Works good on other ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Sep 30, 20071hr analysis — what a week it was, after trying for 4 times to go thru thr 4hr Ema , it finally blasted thru that on the 5th attempt and is now well entreched to go higher, but with the interest rate statements from BOE are awaited and this ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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imransait replied Sep 30, 2007Hi Aus I do agree that it was my mistake to have given that analysis , i will henceforth be careful about it. I have learnt a lot from being on this forum and want to contribut whatever little i have for the benefit of others. Looking forward to ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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imransait replied Sep 30, 2007Hi your trading time frame is really good...i suggest you to try this method and see, i will be adding one more filter to filter out early exits which the present laguerre gives in 1 min, i will be supplementing it with another laguerre with ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Sep 29, 2007Robm in ur case u can make more then 100 pips if ur trading those sessions
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Sep 29, 2007good night — ok,guys, its 11:15 pm , off to bed, see u all tomm
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Sep 29, 2007one size , fits all
rules will be same for 1 min to monthly chartsSimple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Sep 29, 2007thanks for ur support, i do always learn new from my mistakes and i have rectified the mistake i made by adding one more indicator to my chart which has cut down that wrong call, i will be posting that in my thread on monday.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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imransait replied Sep 29, 2007HI Rob what time zone are u planning to trade. as told to chris, i am coming with another indicator which will be helpful even if ur spread is high, but if ur not comfortable in 1 min, u can always use the 5min , it works good on that timeframe also
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Sep 29, 2007the best time as per my experience is 7:00 am GMT time to 20:00 GMT time ( London Time) , i have hardly traded the asian session as i am sleeping that time , i am in the Gulf But i will surely monitor and let u know if the first 4 hrs are good ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Sep 29, 2007thanks karmo, appreciate ur support.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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imransait replied Sep 29, 2007Thanks for support markam, i will always post here as long as i am welcome, i dont have any wrong intentions and only want to help people
Auslanco - GBP/JPY and GBP/USD (newstrade)
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imransait replied Sep 29, 2007thanks for the support steve, i do look forward to posting here and helping others, i just ignore such comments,
Auslanco - GBP/JPY and GBP/USD (newstrade)
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imransait replied Sep 29, 2007Well any system can be the holy grail, but even a 100% sure shot method if given to 2 traders, one will succeed and the other will fail, its human nature, we all have greed and fear, if this is eliminiated, then anything will succeed. But if this ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait