ALSO on the left - look back to the last blu sig that is in agreement with the red signal that comes after it. u will see that it was a short signal and mkt trend is down = trades long are COUNTER TREND and may not work out. now... which blu sig was ...

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

u also need to watch the RED lag. it is moving upwards, contrary to the blue lag/signals.

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

Maybe so. actually i am not familiar w/Gartley. i have heard of them and Thunderwolf also mentioned them a while back. However, this is a classic pattern that u will see time and time again. it is pretty much what i look for to trade a reversal ...

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

att.

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

GOOD JOB!!!! yes! M and W. 2 of my favorite letters! = Mula and wampum. lol nice trade on the breakout of M as u get really comfortable - for M u can look to short RH peak on price div. and for W, u can look to buy RH valley on price div. this is to ...

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

sounds like u are over leveraging and risking too much for this acct size.

big whipsaw... what was the right course of action??

this can work with microlots/small positions scaling in at key levels. its all about managing the risk vs. reward. also try to take trades where the swap will work to your advantage. if u cant sleep at nite, then u are WAY over leveraged. pip amount ...

Scaling In System for Trending/Ranging Currencies

no problem. ok...last chart! everyone have a great weekend!!!

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

today is done.

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

duhh!!!! i am sorry...overthinking. lol cuz i dont have a Chrysler. i will post, but be aware that that particular one is not the same that is used here. u will also have to set the timezone accordingly. that can be tricky. PS: 63 R for short ...

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

attached. midlevels - attempt to identify mkt range

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

to comment further, sometimes u will see mkts zig zag across the CPP and find support or resistance at a corresponding level. in this e / u chart with the CPP based on 2 am eastern, we see the mkt test made a prior test of R1 area. hrly price bar at ...

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

mo-m5 - they are just mid-level pivot points. LHS - where is that? i dont think i even know. lol

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

att. R @ 63 PP for trend continuation (TC)

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

no problem. we'll keep minting pips w/Imran's help as well as everyone else.

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

mixed news = overall trend should resume take a look at this eur/usd chart for example prior swing hi @ 40 yest. area was 78.6 retracement of up move = good r vs r. i shorted that yest. for ~50 pips but did not hold it overnite. guess i should have ...

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

yes this is very good work and will take some time to fine tune but i believe it will holds lots of promise. thank u for yor efforts! if u need anything w/this let me know. some things to keep in mind ( i'm sure u have thought of many of these ...

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

e / j and g /j may do the typical minor reversal for buying around 945 - 950 a.m. eastern. this PB prolly for retracement w/buy side support. lets see...

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

news was mixed. first spike was down (initially reaction- usd positive)then mkt rebounded. this behaviour due to conflcting data. look at yest. gbp/usd hi and todays lo. mkt is now around the 50% retacement area. *good call on the move and reverse ...

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

might be more DS but IMO i would take some profit (if not all) before the news. There will be other trades. it is up to u; depends on where u got in and your risk comfortablility.

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