STRESS — I am teaching this little guy to trade. He keeps an eye out for me when I am away from the computer. He needs to calm down a little.

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

The left side is clearly a retracement to the daily pivot point candle on top of the DP and bouces off, red lag still on top, the right side is a sell ,good distance from the pivot point and red lag follows.

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

OB/OS — I checked the histogram on different TF using the 30,-30 levels before I posted. Traders preference on using regular stochs, or histogram

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

Overbought and Oversold — This is an added feature that I included on my stoch histogram. I basically overlayed ( drop and drag )the regular stoch indicator over the top of the histogram to determine the correct levels. Stoch uses 80,20, the ...

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

Judging from what I see on his charts he is using the Lag filter and the envelope ocillator

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

Piphunter, When Imran speaks of short term, you need to include the support and resistance areas etc.and not to rely soley on the lags. I have outlined the 1min chart where you can clearly see how price tested the 233.91 area several times during ...

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

Wrong, try to refresh or reinstall

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

Hi Imran, I have been out of the picture for a while, computer problems but anyhow I'm back. Had some catching up, reading what I missed. Missed some nice opportunities trading I see. Let me get back to the drawing board, and we will pick it up from ...

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

Fib levels on Stoch — This is interesting. Today, I got this crazy idea of plotting Fib levels to the stoch histogram. Using 23.6, 38.2, 50. Maybe this can be used as an entry or exit at one of these levels to confirm? Experiment with this ...

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

Reversal areas — There are two possibilities for a reversal. S1 236.20 or 235.90 15 min. On the 4hr chart the 235.90 area is the 200 ema. Just my observations

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

Letters M,W — Is this a form of the gartley patterns. I have recently been doing some research on this.

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

TNT — FX_ninja Got it, I will send the information sometime over the weekend Thanks

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

MA — Ann, I personally use the 55,100, 200emas on all my charts, yes they are a great asset for R/S. Imran uses the 60 and 200emas, don't forget the daily pivots.

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

sent you a private message

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

Good observation, this is our first demo news trade and once we have all the bugs ironed out, we can plan to enter before the news, providing it meets all the requirements. Using the 1hr chart as our base. I did notice yesterdays low now that you ...

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

TNT — US Bearish news would drive the gbp up, but strong gbp bearish, price is ranging above the high of the day near the daily pivot now, maybe the monthly pivot could have played a role, price has been hanging around this area for some time ...

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

yes

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

TNT — check e-mail

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

TNT — Imran, With the news approaching @8:30 for the PPI Lets demo this move. This how I see it. GBP/US clearly bearish, below the low of the day on 1hr, monthly pivot, lg1 and 2 bottomed out, 4hr at the 200ema target S3

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

Time Table — Here is the time table that will clarify the times across the globe

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