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imransait replied Sep 28, 2007hi Aus/ pipchick, sorry could not reply earlier, was not on the system here is the chart which i based my decision on and also this news item Stocks dipped Friday, the last trading day of the third quarter, as Wall Street mined mixed economic ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
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imransait replied Sep 28, 2007the highest i have made in a day is 430+ pips , my avg per day is 160+
since i am doing testing, its all on 0.0001 lots
i expect to start doing on bigger lots by end of october and also start a journal by which i intend to make 500$ to 10,000$ ...Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Sep 28, 2007actually even a high spread does not make this method less effective, i have caught moves of sometimes more then 80+ pips and have seen moves of atleast 25+ in the 1 min depending on where the entry was. I am using a spread of 1-3 pips for g/jpy ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Sep 28, 2007well depending on ur requirement, you can catch the moves during any of the active sessions, there are enough pips to be made, u need just 10 pips per day and do this day in day out consistently to have a decent amount in 3 months time with low ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Sep 28, 2007one more +45 pip move caught in this method — here is a chart and one of the moves caught in this method...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Sep 28, 2007what trades did u take, try to switch to 5m if u cant do trades on 1 min...ur success ratio will increase and so will ur pips i am workng on some more fantastic indicators to let u know the trend so u can take the proper decision to go with the trend ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Sep 28, 2007Hi Bro the charts were good, i understood..yes this indicator is good in getting us in trades so the SL can be kept really low , which most of the times should not get hit...so keeping the R/R ratio very high. Pls do let us know your feedback so ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Sep 28, 2007guys am out now from here for prayers, have some nice news, got some nice indicators , very promising and it can be very useful to determine the trend and also the channel to trade, all of this on Monday, will work it out on the weekend and present ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Sep 28, 2007on MBT/EFX , we can use 0.0001 lot minimum ( 1 lot is 10,000 ) , this is one of their best kept secrets, and they are ECN brokers, with no dealing desk, their platform is bit hard to use for newbies but once u get used to it, u will love ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Sep 28, 2007i have been using the 1m/5min since 4 months now on live a/c and its been 90% successful , the 10% it has failed is due to me putting in trades during high votality news time i.e NFP and interest rate , so i decided to take them out and now its ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Sep 28, 2007news which has high impact, that info can be got from the FF home page, the ones in Red are the ones to watch out, need to take caution
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Sep 28, 2007the laguerre is market driven and most of the time price does follow it..unless some news or stock market crashing, it works good.so learn it on demo, see when to take the entry, exit, go back to old charts, study with this indicator and u will have ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Sep 28, 2007the fall is not over yet, more then 5-1/2 hrs remaining, it will close below todays pivot around 233 levels
Auslanco - GBP/JPY and GBP/USD (newstrade)
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imransait replied Sep 28, 2007I use MBT/Efxgroup , i cant post links here, u can go to prefered brokers links here on FF and check out efxgroup
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Sep 28, 2007well, i have the long term strategies but nothing is better then this 1m/5m and i want to stick to this and enhance and make it more better, just need someone good to make a EA and see how this works in automated trading my fav sessions are 1 hr ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Sep 28, 2007ok guys, am going now out for breaking my fast and prayers, will come back 2 hrs before close of us sessions and reply to all who have asked ques, till then take care and see u all later
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Sep 28, 2007this is the spirit, do not give up, and keep a tight Money Management plan in hand, and grow it slowly. You will laugh at me if i say u need only 1o pips a day for the next 6 months to turn 500$ into 10,000 $ minimum
all this and more coming up ...Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Sep 28, 2007setups above 200 and 60 are good for longs and below 200 and 60 are good for shorts..

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Sep 28, 2007yes, it works for all jpy pairs and any other currency pair as well, see attached the usd/jpy , you can still stick to 5min and watch the 15min for trend . if ur doing the 1 min , u need to watch only the 5 min to remain in the trend i keep 20pip SL ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Sep 28, 2007green is entry, blue is wait area..i wait for a break of the middle bollinger band and candle close below it to close, if not, keep it open, as the trend was upwards, risk to reward is higher to also see the trend..see the 5 min chart to see ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait