momo is slow here. if no thrust below 62 within nxt 20 min, watch for bounce above 70.

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

first target achieved.

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

USD/JPY Current R @ 82, 89, 95, 00

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

for more SS, watch for Thrust below 62(bid) then retest of 62 - fail or pass. OTHERWISE may continue to chop around and sidewind down or bounce up.

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

ranging mkt - avoiding choppiness — att

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

nxt target bid - 62

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

att. i got filled earlier at 88, but i dumped it cuz i had to leave.

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

guys, u/j and e/j are just a bit choppy right now w/bias for short side. look at price and how close it is to the wkly and daily pivots. also - price hasnt moved very far above or belo the red and blu avgs = narrow range. if you got a good fill ...

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

plz post the 2 charts from your trades that lost. Read the exit rules from post 1. I am trading e/j. REMEMBER to take some profit at key levels (pivots, fibs).

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

STICK TO THE BEST ENTRY SETUPS FIRST UNTIL U R MAKING CONSISTENT $$$$ IF u take less than ideal setups, use LESS lots and ALWAYS know the risk BEFORE you pull the trigger.

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

i posted some fore u yest. i will try to post a zip file in a few...

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

walesoje1, ths setup here is a lil trickier - see red lag pointing up? this is due to the false breakout at end of NY session -holding the mkt up. Like Imran said, it sould PB after DOW closing (and NYSE, futures,etc.)

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

no prob. it helps me too.

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

this trading period would be tuff for a new person looking. on. if i am correct, this was ~ sunday before mkt failed attempt to fill the gap, followed by the reversal down. most of those short signals - u have signals trying to sell into the Daily ...

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

no. there are other setups. for instance, if the red is moving in the same direction as the signal offered by the blue lag, that could be a good trade as well. the red flat at top/botm etc... is the more conservative setup. I'm just trying to get ...

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

if rd lag is down at bottom for a while, then blu lag should be down at bottom and then cross up past .15 here is a short side example. in th short side example, red lag is at the top for a while, blue lag turns up to the top, goes flat at the top ...

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

sorry. the 2 post (53 and 58) show the importance of the red lag's use in conjuncion w/the blu lag

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

sorry. you have me confused with someone else. I did not mention about BB/contracting. the trade was good and the majority of the signals lined up; in particular, the primary indicators (blue lag, red lag and stoch. in that order) so let's call it ...

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

Hi, please review post 2753 and 2758 1 is a perfect signal the other is not (no trade when lags conflict)

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

risk is counter trend moves generally dont move nearly as much as ones going with the trend so u can get chopped up. IMO, for starting out - the safest signal for BUYING is when the red lag is like this: ____ and blue lag is like this ___/ selling ...

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