Indicator Info — Hello Imran, I was playing with the indicators and discovered that Lag2 is a 1 period simple moving average. If you set up a lag1,blue indicator, then from navigator drag a moving average set to 1 period simple, then apply to ...

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

900 PIPS My Hero!! — Hi Chris, No wonder I had a hard time this week, you didn't leave any on the table for the rest of us! Just kiddin, Wow 900 pips, major league congratulations to you. Actually I didn't do much trading this week, ...

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

Nzd/Jpy Trade — Hi TwOeleven, Looking at your chart, it sure seemed like a good trade on the 5M chart. What I see is price had dropped down from todays open and hit close to daily S1 [ a support target level] it couldn't break that and started ...

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

Ninjas Chart — Hi Diva, I believe Ninja is reffering to PB as being Pull Back and TC as Trend Continuation. You can see on his chart the red lag[2] is working it's way up and where the blue lag[1] is coming down, that's where price had ...

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

Great Stuff Ninja — Hey Ninja, Great analysis and great advice for all traders to heed ! Good stuff there my friend, keep it up, you're helping a lot of people out there....T-Wolf

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

Hi Chris, Good words of advice you're posting here for everyone. It's a great feeling when the fog dissipates and you can read your charts with clarity. Watch out Cowboys, the Vikings are coming to pillage your town and the great warrior Peterson ...

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

Hello RVD ! — Hi RVD, Right now we're in about a 50 pip range. EMA's and Bollinger are contracting and getting narrower so price is ranging between S3 and 23.6% of the fib points I drew on the chart I posted. Lag1 and Lag2 on both the 5M and ...

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

Not a Bad Idea! — Hey There Ninja, Posting some daily commentary and analysis might be a good thing to help us all along here. There are many good traders here, and putting our minds and analysis together could be beneficial as one trader may ...

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

Lag 1&2,Pivots,& Fibs - A Powerful Combination — Hello Traders, We just had a great short move on the Gbp/Jpy in todays trading session. I've attached a chart that highlights how powerful a trading system that we have here, ...

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

Great Week — Well it's been a very informative and educational week for all of us and I'd like to wish all of you out there a safe, happy, and relaxing weekend. Take care of yourselves everyone T-Wolf

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

Here's the Template for my chart with MACD Traditional. The MACD traditional must be downloaded first. Then the Template. I believe I posted the MACD indicator on the previous page and so did FX Diva.

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

3 Chart Example — Hi guys, Here's a nice example of a trade I just got into with the Nzd/Usd. This is how I have my charts set up with profiles like this for each pair I monitor. These charts show what FX Diva was explaining a while ago about ...

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

Traditional MACD — Hi Vinetime, Here's the MACD indicator you're looking for ...T-Wolf

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

Hi Chaos Wing, Here's the signal bar indicator you were asking about [with the big numbers]

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

Nice Entry Diva — Hi Diva, Glad you caught that entry. I got in too at 239.10 and closed half my position at 239.34 for a 24 pip profit and the second half was closed by my trailing stop at 239.37 for a 27 pip profit so I'm happy with that ...

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

Hey seb123, Thanks for the nice words, ya gotta love a plan that works !!!

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

My 3rd Gbp/Jpy trade closed @ 239.75 which was my 38.2% fib target from todays low to high for a 35 pip profit. 3 winners in a row for 115 pips profit so far Thank you so much Imran for everything you've done for us here. T-Wolf

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

Hi fxKing, Here is a 5M chart showing a fib from today's low to today's high so far. From the high it looks like it's starting to retrace so I check to see where the 38.2% fib is and set that as my target which also happens to be todays Daily R1 ...

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

Short @ 240.10 Target is Daily R1 @239.70 which is also 38.2% fib retracement of todays low to high so far.

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

I draw fibs on different time frames but on 5M charts I start drawing them from low or high point of the new day and keep moving my fib point up or down until price starts to seriously retrace, otherwise yes I trade with Pivot Point bias as Imran ...

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