nice post. u can also look to scale out the exit when the price bars go from closing outside the BB to bck inside the BB "snapback" nnoitce the dbl botm area on the e/j followed by a subsequent higher support..

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

you can use fractals, but u still have to eyeball them.

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

good video for new traders on understanding swing his/los url

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

then you'll have to go back thru my posts, as i have posted many examples of this type...shallow cup DT followed by CT/Reversal. Don't take it personal, but my post frequency wil; prolly continue due to having to repeat the same info over and over ...

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

WAIT for the dbl top

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

also watch for 60/200 ema crosses / vice versa. after the cross, mkt passed several tests of support. when mkt is making small range sideways bars = consolidation. eventually the mkt will BO. everyone needs lots of screen time and analysis of price ...

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

found it on on FF. i dont have the mq4. i just use it occasionally as a quik glance to gauge if there is enough movement in the mkt. i trade primarily the 5 min vs 1 min while paying attention to S/R formed on the HRLY. when adx is less than 20 on ...

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

personally, i usually wont short near the botm Bol band or buy near the top BB. look at the prior long setup. nice dbl botm area. price near the botm BB. classic setup when the mkt crosses the DP, another option is to simply wait for the retrace and ...

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

mkt has been in a triangle from 227.35 to 229.50.

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

Lin Q: I am using 13 8 8 3 with a default BB on top of it.

Supernova GBP/JPY Mini Trend Catcher

yes. now take note of the times...

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

yes, that is H/S...bearish for topping, pattern is the M. ill try and post some later. for g/j the latter part of the session was the W shape. mkt was down, it bounced to R, retested the low then bounced again to current mkt price above 224.50

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

its literalllythe shape of the chart pattern . look at the 5 min . it looks like a W.

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

if dow is down from morning session till after lunch, look for a retracement setup. Todya is a W type day

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

when u see a setup like this which is CT and u wanna short, just wait for th retracement after the signal before u enter to get a better fill in case u r wrong.

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

dont get caught p on all the 'stuff' on the screen. just look at the price action at key areas w/ the indis. this is where mult lots helps u win cuz u can take some profits and reduce your cost basis on the remaining lots. before 5 pm est on tues, ...

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

looks like some SS traders takin profit before end of NY session...swap fee

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

set g/j to line graph — att

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

NY Sessions — 2 charts att

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

that type of setup - not always, but more likely is to be a retracement.

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