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- fss side replied Oct 10, 2007
Yeah thing is I keep wanting to flip to the 1 min but I get chopped up so untill i get it down I will stick to 5 min and if pros like imran have trouble with 1 min then I know I will.
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- fss side replied Oct 10, 2007
Diva I only feel qualified to answer because I spent the morning reading the thread. I think the reason for the pivot points was to set your take profit points. So I think you would have been fine by closing at the r2. Also I wonder is anyone ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- fss side replied Oct 10, 2007
Well I guess I answered my own question as to whether my last trade was valid or not. I took it and made a few pips but closed it when price began to bounce off of the 60 ema.
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- fss side replied Oct 10, 2007
Is this a valid trade it looks like a good short to me?
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- fss side replied Oct 10, 2007
Twolf good job on your trading today. I didn't catch any of those longs as I stayed glued to the 5 min chart and when I began to watch I felt it was too late to enter the trade. I have posted a chart here and just wanted to show two entries on ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- fss side replied Oct 9, 2007
Stace if you entered the candle before the one I posted then you should be in profit and the signal is still valid. On the geppy chart you depending on your spread you should be at breakeven or up a bit with and no where near the stop loss.
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- fss side replied Oct 9, 2007
Stace this is the first chart you have sent but what you posted does not look like a false signal. In fact it looks like a good signal that would currently be in profit by a pip or two. The short trade is still valid so you can't call it false yet. ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- fss side replied Oct 9, 2007
Sorry here is a chart that shows them.
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- fss side replied Oct 9, 2007
Fibonacci bollinger bands — Hey guys here is something that is pretty neat. These are bollinger bands with fibonacci ratios factored in. You can see that the price usually bounces off of them pretty well. I have turned most of the bands white ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- fss side replied Oct 9, 2007
Also what about the time constraints are you guys still sticking to the London open to US close or are some of you using this during the asian session also.
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- fss side replied Oct 9, 2007
Seb you bring up a good point cause when you took trade B you would not have taken trade C as B was still a valid trade. I forget this at times. Especially when I get to looking for trades at the US open. I am sometimes lured into a trade. I also ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- fss side replied Oct 9, 2007
Ninja you are correct geppy did give cleaner signals today. Are you trading geppy with high spread?
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- fss side replied Oct 9, 2007
Thanks for all of the responses guys I appreciate it.
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- fss side replied Oct 9, 2007
Thanks for the advice I forget about the bollis
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- fss side replied Oct 9, 2007
Sorry for the charts just want to get it right. The same chart and the second line was an entry that hit stop. Is this correct?
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- fss side replied Oct 9, 2007
Hey Diva good to see you posting here and glad you are doing well. On the chart I am posting the first line would probably be a bad trade? The second was a great opportunity as the top lag was flat for a while? Just trying to get a handle on this ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- fss side replied Oct 9, 2007
Fxninja I thought I had read in the past where you said that you liked to see the bottom lag ride the bottom or top for a while before you took the trade is this correct? I am attaching a chart that shows a good long trade that was against the trend ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- fss side replied Oct 9, 2007
Are most all of you guys trading on the 5 min charts? I thought Imran was on 1 min.
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- fss side replied Oct 9, 2007
Are you using the ema's to determine the trend??? Also I switched to the .10 and .90 cause I thought that Imran was doing this but I think I will go back to the original settings.
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- fss side replied Oct 9, 2007
Bad Trade — Guys I took a long trade at the red line. It failed. On the candle where I opened the trade the top lag was above the .10 line but then fell back below it. The only other thing I can see is I took it around the daily S1 line. Can ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait