att. why? cuz main trend is down. mkt wanted short side...100% retracement unlikely and can risk if lot size is managed correclty and good profit alrady ahs been taken.

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

first minor target hit. nxt target .05

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

e / j PB from 50% retracement area

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

corp earnings rpts came out post NYSE session.

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

great job. tested S1 twice with R @ .05, then reversed up.

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

yes, perfect and clean.

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

this is why u dont trade this leg w/out profit. can be tricky...

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

for E / J, more DS coming . r @ .05 nxt target 67 area

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

Sorry. I am not using the LISPA and am not familiar. So take what i say re your paticualr chart w/ a grain of salt. I am trading manually. w/ lag 1 and 2, etc... MOSTLY e/j for me. from a quick glance, chart shows shortside bias = ALL long signals ...

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

pls post ur chart.

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

just look a tthe 5 min for the fib. when u switch to the HR TF, the drawings remain and sometimes it makes the HR look crazy. fibbed the move from B to A after the break of B from C to ascertain some targets. ( i need to adjust the extension levels ...

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

att clean close outside BB and 161.8 extension hit top chart: hrly botm: 5 min R @ 165.05 area

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

nice run...

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

if i might add, this period before point A is narrow range consolidation. narrow range bars tend to lead to large range bars, A, B, C, D, beyond D and the cycle continues on. Thanks for your "play by play". It was excellent and to the point. no good ...

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

Nice observations Thunderwolf and Newstradefx!! solution for positive Corp. profits /possible bounce - either take profit or hold a little bit for breakeven. i favor a bounce but who really knows 100% ? mkt is consolidating...

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

you are most welcome. I am happy to help. Big Thanks to Imran!!

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

att exited all at 45 area

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

long side tuff now...had to cut the loss and re-enter. lets see...

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

anybody know if a close all positions macro exists for MT4?

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

that is correct, however - look for them both to be pointing in the same direction (angled up/down) within the appropriate levels.

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