SS = short side. Trends are nested. if u look at Mats prior HRLY chart, you will see the PB to support for the LONG Side, howver, there is enuff room to trade the SS and get some pips out of the move even tho its CT. just fib the PB swings there... ...

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

glad u pulled out pips. trade was CT for the TF of your chart. look at the crossover of the moving avgs. and price below the daily pivot. Not a bad risk IF u already made some profit from the SS. Look at swing hi before the red vert line / red ...

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

big news tomorrow. cant really call it. might get surprised with a bit of usd strength, but ur guess is as good as mine.

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

makes sense. what settings for ADX are u using?

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

ok, guys let it go. so it is written, then let us be done with it. moving on...

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

Brother please show me the light. If your tongue fails to be instructive, my ear will no longer remain attentive.

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

here is an illustration of the fib method for CT trades. As a general rule, Unless u can clearly identify a dbl top w/div., and enter at the START of Leg A to B, the retracement Entry at Point C is a better risk cuz if u enter at 61.8, you can use ...

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

Mat, this trade was tricky for the same reasons i posted in # 3957. I am happy that you played the trade well and you were able to get GOOD pips out of it. IT IS ALWAYS BEST TO TRADE WITH THE TREND. However, we must acknowledge that market trends ...

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

i did not hold this one. took all off at BB near M3 on my chart

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

15 min

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

att

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

trade was counter trend. not a good idea to take counter trend trades unless u are very experienced. itis too ez to get burnt on CT trades. AFTER u have traded DEMO, if u you find yourself w/good profit and want to take a CT trade, (for a scalp or ...

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

helps to show S/R at the extremes

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

spike reversal If u like, you can look up Larry Connors and Blake Hayward for more info on these news reversal type patterns

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

nxt 2 charts — nxt 2

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

Trading the Reversal Pattern — For Example ONLY to helpsome ppl understand the Counter trend trade: u want to trade reversal, look for dbl top, failed dbl top or slightly higher R side crest coupled with divergence and the lag signals. thats ...

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

ok, lemme clarify. when the red lag is pinned at the bottom like that, you can trade LONG based on the blue lag. if u look closely, the actual entry could ahve been taken eve earlier than where Dr. Mat entered. the arrow helps to confirm.

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

actually i missed this one too...was sleeping zzzzzzz. i just wanted to emphasize that new ppl should be looking/trading these setups FIRST with the direction of the MAIN TREND BEFORE trying to trade the less than optimal setups.

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

another picture perfect setup (post 3916 and url ). all 3 lined up and followed by the blue arrow. for new ppl: WHEN U SEE THIS KIND OF SETUP, TAKE THE TRADE.

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

very good advice. new ppl, plz listen to what is said here. risk vs reward and trading at key levels are very important. ENTRY and EXIT THAT INCLUDES KEY LEVELS TO TAKE PROFIT. my motto is take some profit and hold some for TC (trend continuation) ...

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