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- lkthomas replied Oct 18, 2007
there was a time that 5Min lag turns down and I did a short, but realize it was a false signal

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- lkthomas replied Oct 18, 2007
imransait, I did a short on 273.80, do you think it is ok? looks like it's on swing now
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- lkthomas replied Oct 18, 2007
G/J just go up a little bit, but due to wedge effect, it might be a false breakout
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- lkthomas replied Oct 17, 2007
Watch out Asia session big move! just wait Lag1 and Lag2 to point into same direction. expecting big move happen within 4hours!
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- lkthomas replied Oct 17, 2007
G/J still swing plus a bit of small down trend, not sure what to do now, seems it have been over run a long time already.
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- lkthomas replied Oct 17, 2007
OH MAN, lack of momentum to drop on G/J, closed at +6pips. I am expecting a retracement to 238.08 before another down trend Chart: 1. breakout on daily pivot 2. pullback to daily pivot bottom 3. continue down trend
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- lkthomas replied Oct 17, 2007
I don't know, news seems got no effect to the market at all, and GBP/JPY seems going up as well, grrr...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- lkthomas replied Oct 17, 2007
according to what evidence that you took a short entry ?!
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- lkthomas replied Oct 17, 2007
30mins method does not help, last week we had US Trade balance and it screw me up already, it just non-trend position, it last for almost 1.5days for that situation and then a big move after, lucky I am using demo trade or I will got a big drop on ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- lkthomas replied Oct 17, 2007
imransait, do you think tonight US news will effect GBP/JPY movement ?
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- lkthomas replied Oct 16, 2007
crap, -33pips because I am on the end of the trend, then, +24pips closed another short, grr....
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- lkthomas replied Oct 16, 2007
I will test this method on next big move, thanks

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- lkthomas replied Oct 16, 2007
How could you know it wouldn't break S3 by long it just above S3? it is a very brave entry!
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- lkthomas replied Oct 16, 2007
graeme_ie, you have to study the behavior of a pair, it is very rare for G/J move big after 250pips movement. 2-3hours later USA got critical and the whole market is waiting for it, it will be stall by now with sideway movement, entry for now just ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- lkthomas replied Oct 16, 2007
imransait, we all understand what is a daily pivot means, what about weekly pivot?
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- lkthomas replied Oct 16, 2007
guys, I have a feeling that U/J will go up when USA news announce, we will see

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- lkthomas replied Oct 16, 2007
I wouldn't say anything until I see the breakout of the wedge
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- lkthomas replied Oct 16, 2007
triangular wedge have been form, it seems that another big movement will be appear on US session because of the news.
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- lkthomas replied Oct 16, 2007
never draw trendline on 4H time frame with GBP/JPY, you just put yourself into nowhere because you can't stand for 200pips movement and 4H timeframe should be use for people who could last at least -300pips movement and target 1-2Kpips profit. I ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- lkthomas replied Oct 16, 2007
I think trendline tell you something pivot didn't tells you at all, so I am kind of mix them and use all of it together to generate signal
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait