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fxdiva replied Oct 31, 2007Sorry, I'm getting back to you so late . . . my day job is really getting in the way of my trading. Make sure you consider where price is in relation to Bbands, 60ma, 200ma and daily pivot. Remember the middle band of Bollingers is a 20 day moving ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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fxdiva replied Oct 30, 2007This is actually a good place to buy in that the Red lag is flat. I've spray painted the places you would want to buy instead of selling. You're not going to sell until the red lag starts moving down. Is your lag 1 setting .65 gamma? Hope this ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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fxdiva replied Oct 30, 2007I just tried to Skype . . . it told me server down. Maybe this thread is a much better option. I've never gotten kicked out of FF.
: Happy pipping,Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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fxdiva replied Oct 30, 2007Lag1 almost always preceeds lag2.
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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fxdiva replied Oct 30, 2007Hi Dr. Mahathir, If you look at your revised chart, I have drawn two entries that would have been more lucrative. The first one (magenta spray paint) is probably where I would have gotten in. The candle formation is kind of a giveaway as to what ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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fxdiva replied Oct 29, 2007That's called divergence and price has now caught up to macd. . . there has been a 100pip move down. Happy pipping,
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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fxdiva replied Oct 29, 2007I think I was on the m30 chart at that time . . . Happy pipping,
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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fxdiva replied Oct 29, 2007Yes, it is always safer to trade on the side of the daily pivot. Also remember that usually when you have a big move in one direction you have to have at least a 50% retrace before price either continues in the initial direction or contines past the ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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fxdiva replied Oct 29, 2007Thanks for the encouragement. I actually look at everything that you mentioned and the daily pivot is usually the first. Price action crossing the middle band is one of the first signs that price is possibly changing direction, but the red lag in ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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fxdiva replied Oct 29, 2007I'm sure that works just fine . . . I sometimes use Lag1, fibs or pivots to do the same thing.
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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fxdiva replied Oct 29, 2007We should see some down movement . . . I see some divergence, but overall this week, price is going to act a little differently because of NFP on Friday. So, just about everything will be kind of rangy. I'm going to lower all of my lots per trade ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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fxdiva replied Oct 29, 2007Everyone must be on skype . . . I've got to get that working.
:Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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fxdiva replied Oct 29, 2007Thank you! So are you. . . This indi has come in very handy for me, I hope it helps you with your trading. Happy pipping,
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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fxdiva replied Oct 29, 2007Sure. If I recall correctly, you have to turn off a lot of stuff to only get the hi/lo information. Happy pipping,
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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fxdiva replied Oct 29, 2007This is a tough call, I am actually short with a tight stop. Price has bounced off of a 61.8 fib level I drew on Friday. I'll be patient for now, but Two is right, we are in a very strong uptrend. Happy pipping,
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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fxdiva replied Oct 29, 2007I sent you a pm. Happy pipping,
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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fxdiva replied Oct 29, 2007My chart is 30min. . . I usually switch to a higher time frame to get a better idea of direction on Sunday. I was actually in this buy Friday, but closed it before the end of Friday . . . didn't want to open Sunday on the wrong end of 200pips
: I ...Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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fxdiva replied Oct 29, 2007Imrans pipology — I hope everyone is trading well, I'm at 130pips for the day . . . Looks like we may be buying most of the day. I see the thread has slowed down a bit, so I'll look into getting my skype id working so can chat too
: Here is ...Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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fxdiva replied Oct 26, 2007I actually took these trades on the 5min charts but changed this chart to 15min to fit everything on the page. Hope everyone has been trading well. . . Happy pipping,
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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fxdiva replied Oct 26, 2007
Okay, I'll do one for today's trades . . . Happy pipping,Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait