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imransait replied Mar 7, 2008The lags trending downwards in 15 and 30 min were clear indicatations that it was down, and highertimeframes give more stronger signals then lower timeframes also note this very important aspect of taking trades on bollinger band, always go long ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Mar 7, 2008at the least these were what u should have noticed 1. Bollinger band was going down 2. 60 ema was resistance and also was coming down 3. price was going in swings due to news
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Mar 6, 2008cnn news — (CNN) -- New York police are investigating a reported explosion in Times Square on Thursday morning, police said. Police and fire squads were in the area around West 43rd Street. There were no images of damage or evidence of ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Mar 6, 2008(CNN) -- New York police are investigating a reported explosion in Times Square on Thursday morning, police said. Police and fire squads were in the area around West 43rd Street. There were no images of damage or evidence of injuries in footage from ...
Cesarnc's market talk, gossips, rumours & fun
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imransait replied Mar 6, 2008all pairs have link to US Dollar and all get affected. I would advise to take in 10-15 pips profits and lock these if price goes ur way, prices could oscilate between 100 pips in minutes in all currencies due to high votality
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Mar 6, 2008Hi Kim Today is the day of Interest rate statements from 2 major banks, so its going to very very very volatile, so make pips and run , dont risk urself more then 2% on all trades today imran
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Mar 6, 2008Yes, higher timeframes play a important role, so i would be trading in that direction even in smaller timeframe, unless i am doing 1 min, where i will take longs only after 60 has crossed 200 up and vice versa for shorts
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Mar 6, 2008i would not recommend the 1 min for new people and those who are not on ECN, the spreads on other brokers makes it unviable unless ur experienced and trading in the direction of the 15 min timeframe
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Mar 6, 2008i will see if the lags are at the top for say 5-6 bars atleast or about to turn down, and if the Moving Averages 60/200 are curling down, and bollinger band direction
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Mar 6, 2008I usually use the reg lag to exit trades on 1 min as its more powerful in letting us know that the trend is still on and not to exit, however, if the reg lag turns away after either comng down or going up, then u need to exit and renter in the ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Mar 4, 2008if price closes above or below BB, with Lag and Macd going in the same direction, u can take the trade with caution and exit once it reaches the other end.
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Mar 4, 2008There are times when the moves are exhausted and price is reversing, this is when u need to observe higher timeframes to take the trades on lower timeframes, it look hard at first glance but if u see the situation at that time, it looks the right ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Mar 4, 2008HI Zamir post #1 still is the same, no changes, had no time earlier. will update with small minor changes this week and post it you can use any pair u like but stick to 15min and higher timeframe for other pairs apart from Yen Pairs imran
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Mar 4, 2008Hi Kim This is where discretion comes, if u notice the MACD was going lower, and since price was ranging, it was a safe trade with resistance above, for persons who are new, they should understand how each indicators works and then automatically the ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Mar 4, 2008When price is consolidating and MA's are very close to each other, just stick to BB to BB trade till u see a breakout Attached is the latest chart where u can buy and sell...always on the next candle after it overshoots the BB
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Mar 4, 2008add bollinger and go short only from upper bollinger and long from lower bollinger in confirmation with lags
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Mar 4, 2008Hi Kim When ur starting this strategy, i would advise u the following 1. Use on 15 mins and higher timeframes charts , use the minimum lot size and trade 2. always look to short once price overshoots the upper bollinger band if lags are at the top, ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Mar 4, 2008HI Please find my answers below ur queries
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Mar 4, 2008bearish signs — Hi Guys Below is a chart, GY has tried to go above 205.70 for 4-5 times and failed and the max it could go up is 206.30 area, so watch a break of this . My bias is to short it between 205.60 to 205.70 and scalp it to 204.80-90 ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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imransait replied Mar 3, 2008will start to be active from tomm — Hi Guys will start to post here tomm, it has been a hectic past 2 months, but well worth every minute, as for people who comment that 150-200 pips cant be made in day or even a week, its all in the mind, if ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait