also depending on how u count the price wave pattern, signal came during B or D period. both can turn out to be counter trend price waves. the arrow from my understanding is to be used for confirmation. seems like the lag signal actually developed a ...

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

bbl.

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

that is the link i used. it still hangs. what is the exact name of the chat room? maybe i can search for it on the skype page. thx

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

nope, not yet.

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

skype — guys, how do i get in the room? link just hangs...

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

Part of my strategy is to trade multiple lots and take profit at these levels if the mkt stalls. usually i just watch price behavior at any S/R, EMA, BB etc. and see how it acts. on counter trend trades, or during retracements of trades im already ...

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

your time of 9-16, what time is that exactly, because I think the brkr server time may effect that setting. thanks.

Supernova GBP/JPY Mini Trend Catcher

something u might want to experiment with - put up a 377 EMA and take a look at your setup with it. u can use it like a dynamic pivot. also-will give clues as to whether mkt will bounce or break the 200 EMA. Let me know if you observe something ...

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

yes try it out. bTW, Ohka, thx for the tip re: gap filling in Forex.

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

good job on the recovery trade! just an idea...if u have a bunch of losses in 1 day, take a break. i like to stop after 2. cuz for me, it means i am "off"

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

just re-train you Subconscious and everything will work out.

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

news data — us existing home sales. DONT TRADE DURING NEWS. this is for observation ONLY.

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

why does market bounce like that? 1. some profit taking 2. MM cover shorts to run mkt back up to a key level and shake weak shorts / late birds then re-enter to push back down 3. OR Reversal

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

if u didnt exit remainder @ 40, protect your profit and dont give it all back.

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

if that was your first short then that is the problem. if u have been shorting all nite, then no big deal. mkt will retrace, reverse, etc... 3 steps fwd, 2 stepsback. Just DONT over-risk.

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

take some prof here.

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

s @ 40. target 90

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

S @ 37

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

S @ 30 for long CT scalp

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

ok...check list for the future. if u took the counter trend trade, did u: 1. already have profit from SS? 2. take the CT trade with reduced lots? 3. set a tite SL?

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