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BFried replied Oct 10, 2007Aproximately: JP: 5PM PST (8PM EST) UK: 1 AM PST (4AM EST) US: 6AM PST (9AM EST) closes at 1PM PST (4PM EST) So basically you can trade from 8PM EST to 4PM EST the next day. However, I've found that the best time (highest volatility) is usually when ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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BFried replied Oct 9, 2007Interesting. I knew MB was small, but not that small.
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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BFried replied Oct 9, 2007Thanks for the kind words T-Wolf, it means a lot!

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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BFried replied Oct 9, 2007I haven't had a single problem with MB. As for their capitalization, I don't think they're as low as you think. While I absolutely HATE the people at 4x made easy, MB trading is their integrated broker, so almost every single person that uses 4x ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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BFried replied Oct 9, 2007Story of my life... I always had problems taking profit off the table, now I take my profits too early if anything... haha

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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BFried replied Oct 9, 2007Yeah, I use their "MBT Navigator" software to place trades, and just use MT4 with a demo account to see the charts. You can't place the trades through MT4, but it doesn't take me any longer to place them through their program, you just have them ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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BFried replied Oct 9, 2007You're welcome!
It took me a couple days to really understand it too, no worries. There is a lot of stuff that is just kind of "assumed" in this thread. While this system works for quite a long time during the day (15+ hours of the day?) there ...Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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BFried replied Oct 9, 2007www.mbtrading.com/fx is what I use. I don't know if they're the best or anything, but their spreads are 1 pip for most, and 2-4 pips for GBP/JPY. They do charge a comission of about $1 per mini lot going in and going out, so if the spread is 2 pips ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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BFried replied Oct 9, 2007That's pretty standard behavior of the market when there's nothing going on. It's going to go completely sideways and just chop up and down until there's more volatility. We're in a 4-5 hour dead zone right now, as of about 30 mins ago when the NY ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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BFried replied Oct 9, 2007Stace, look at my chart: url You entered over 20 minutes after the signal, 5 minutes before the market closed. Basically when I exited, you entered. You should be looking to get OUT of trades when the US session is about to close, not getting in ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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BFried replied Oct 9, 2007Where did you enter? What did you do? Your chart doesn't tell me anything about what trade you took.
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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BFried replied Oct 9, 2007If you look at my chart in post 1234 it's basically the same as the one you just posted. I took a short trade and made 20 pips in 15 minutes. I didn't stay in the trade longer because the US market was closing. I wouldn't recommend trading right now ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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BFried replied Oct 9, 2007Regarding your chart in post 1233. Signal A: This indicator is not false. However, I can see how you could enter this trade, have it go up for 15 mins, then reverse on you and stop you out. This is a risk you take when you enter a trade that is ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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BFried replied Oct 9, 2007You haven't posted a single chart, so how can we give you input? It seems like all you want to do is bash Imrain's system. If you were actually interested in learning how to use it and wanted help, you'd post charts. Instead your posts have been ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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BFried replied Oct 9, 2007Just made a quick 20 pips on this move before the US market closed.

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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BFried replied Oct 9, 2007OH CRAP! I didn't realize there was news
. That was a huge mistake on my part. Need to double check the news next time. Wow... I'm also assuming the "false exit" I was talking about was also due to the next news that came out 1 hour later.Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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BFried replied Oct 9, 2007Imrain, The lags were showing sell, nearest support was 30+ pips away, and this trade never went in the direction indicated... lost 19 pips. This trade essentially wiped out my sucessful trade I had earlier. I entered on the first line, stop loss ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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BFried replied Oct 9, 2007First line: lag 1 isn't above 0.15, I wouldn't trade this. Second line: This looks like a valid entry, although I usually wait until it gets closer to .45 before entering. Even then, if you entered at the very first sign (right before the 2nd line) ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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BFried replied Oct 9, 2007Those both looked like good trades to me. On the right line, I would have waited for it to break through the green support (new resistance).
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
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BFried replied Oct 9, 2007Imrain, What do you think about this for a short entry? Is it a no-go because the EMA's don't agree and Daily Pivot is only 8 pips away? If it breaks the daily pivot would you jump in then?
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait