Here's an example of what I'm talking about with the EMA. Look at this chart. The EMA crosses, there's a HUGE upward candle during the same 1 minute period. You see the EMA crossed, your indicator makes it's sound, so you buy. It never moves a ...

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

Is it just me, or do the crossovers happen too late on 2 of the 3 arrows? It seems like if you traded based on those crosses you would have lost 2 out of 3 trades. Granted you don't trade based on only the EMA crosses alone, but just saying.

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

1. Download the lag indicator from post #1 2. Close MT4.0 3. Go to the MT folder, go to experts, go to customer indicators. 4. Copy and paste the mq4 file into the customer indicators folder. 5. Restart MT4.0 and seek for your indicator in the ...

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

You have to be in trades longer and use a bigger S/L with the 5 min chart though I'm assuming. Ideally I'd like to scalp 3-4 times a day, net 30 pips, and make an easy 400-600 pips a month. So far in the last hour I've had the opportunity 3 ...

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

How do you recommend setting take profit targets? I find myself in trades where I'm at around +12 pips or so, I'm debating whether or not to take them or continue waiting, and then out of nowhere I get hit with a 15 pip movement in a single candle ...

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

Imran, Do you have any suggestions for a currency pair I could trade using this system between 12PM and 7PM PDT (9PM to 2AM GMT)? Or can I even trade the GBP/JPY during those times?

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

Thanks, I'm using them now. Metatrader's demo server finally went back up now, over an hour later.

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

Wow, even the metatrader website is down too.

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

I had an awesome trade going, then meta trader just crapped out. I tried refreshing, re-logging in, and the server was down. I had +40 pips and once metatrader's server went down I was trading completely blind. While I was trying to fix it my trade ...

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

Imran, If I recall corectly you use MBT and EFX for your broker. You were saying that you get 1-3 pip spread, but recently MBT has been showing 3-5 pip spreads on GBP/JPY (it just went to 2 pips now that I wrote this ... lol) but they also charge a ...

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

If I right click on the line and go to properties it just takes me to the properties for the whole chart. It's like the line isn't selectable.

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

One last question...sorry! On this chart from yesterday, what are the red solid horizontal lines and the purple dashed horizontal line? Also, why where they there yesterday but not today? My one minute chart doesn't have the lines right now, but my ...

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

Thank you both for your help! For this particular trading strategy / system, what settings do you recommend for the bands? Also, what time (GMT) do you recommend trading this system? I assumed during the Tokyo and/or London sessions? Can you do ...

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

This one is for anyone, doesn't have to be imran. If you look up 4 posts you'll see my charts. Can someone tell me what the 3 thin green lines are? I know the red and blue are EMA 200 and EMA 60, but what are the other ones? I'm a complete MT4 noob, ...

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

Imran, I'm a long time reader, first time poster. First off, thank you so much for providing all of this information. I've had some really bad luck in the past with other programs, scams, etc, and it was really nice to find forexfactory and see that ...

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