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viking1975 replied Oct 19, 2007There is some tedency to alot of price movement after the Dow closes..but you have to get in fast and get out fast..just my thoughts though. Anybody else have thoughts on it. Cheers! Chris
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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viking1975 replied Oct 19, 2007I would not trade against the trend unless the laq2 crosses the signal line. Just my 2 cents though. Cheers Chris
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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viking1975 replied Oct 19, 2007Hi everyone, Here is a trade I took earlier today. Nice set-up with Price hitting upper bolinger band and bollinger bands tight and price near ema's with both laq2 near the top. Exited trade on Liptsa buy signal for 100 pips. Anybody else take this ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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viking1975 replied Oct 18, 2007hi i manually do them..i just take the high and low of the trading day and use them as my fib and pivot point lines for the day...u can go out alot more and use daily and weekly charts to establish more...but forex is a little different than ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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viking1975 replied Oct 18, 2007Oh and always watch fib levels..they are like magnets to price...if your new to forex do yourself a favor and learn and learn and learn more.....and if anybody wants to ask me questions i'm more than wanting to help and maybe we can help ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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viking1975 replied Oct 18, 2007I would advise everyone to not trade against the lags if laq1 is not in agreement with laq2 do not enter the trade also do not trade against the trend if the ema's and middle bollinger band are pointing up or down do not counter trade until the ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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viking1975 replied Oct 16, 2007Let's hope Peterson can have another huge game again..lol...but there turning the corner..we have a superstar again...and i like this one....wow that guy has some moves and wants to take the ball to house like no one since randy moss was around ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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viking1975 replied Oct 16, 2007Hi fx_ninja, Yeah I just saw that...would explain the movement tonight but hey when it's there you gotta take what you can from the market it sure wants to take it from us right
!Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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viking1975 replied Oct 16, 2007Hi everyone again, If your new to this thread I would strongly recommend you start from the beginning of it and read threw the whole things it's alot of reading and work but it's well worth it. Hard work to me means success no matter what in life. ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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viking1975 replied Oct 16, 2007got stopped out at a lil swing for 15 pips but that's pretty nice on a bounce might have to stay awake a lil longer to see if a continuation occurs as price flirts around my interday s1...this movement is rare though for the asian session though...a ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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viking1975 replied Oct 16, 2007Hi Fx_ninja, Wow, When I saw your chart with the MACD divergence and where price was heading to that support level and watch it reverse was something to behold I had to head to bed but I got in the reverse up move on 5m EurJPy and in long now have ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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viking1975 replied Oct 16, 2007Hi everyone, Thanks irmainsait for giving us this wonderful and powerful system of trading. I have been learning and learning forex for 2 years now and to all newbies there is a time where it all starts coming together and it's that moment for me ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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viking1975 replied Oct 16, 2007Example of a perfect set-up on the EUR/JPY — Hi everyone, was watching tv and the alert made me come to the computer earlier to take this classic set-up. Laq1 moved under signal line as laq2 was pinned on the top. At the same time price was ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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viking1975 replied Oct 11, 2007Hi all, I trade two lots most times do you count the first lot seperate from the second so let's say first one gives 22 and second 10 do give yourself 32 all togther or how do most of you count it up. I have a journal and a excel spreadsheet i'm ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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viking1975 replied Oct 11, 2007LOL! Yeah I not reentering. Going to let last lot ride and if it hits my 10 pip profit so be it otherwise i'll let it ride. Price stalling around the fib level. Cheers Chris
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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viking1975 replied Oct 11, 2007Hi fx_ninja, Yeah I saved one lot just for that should have mentioned that might reenter one more lot here if candles break below and if laq2 keeps down under .45 line. cheers all! Chris
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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viking1975 replied Oct 11, 2007thanks fx_ninja may reenter with break of intraday fib here and if lag2 shows some more down pressure. gonna watch hard here and see how the bands and ema's react over ten mins here.
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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viking1975 replied Oct 11, 2007EUR/JPY Trade Update — Took profit at Interday Long spot here as both candles have been bull..took 22 pips in the trade. I can live with that.
Now going to watch for another short trade here. Cheers! ChrisSimple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait