Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait | Page 97 | Forex Factory

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

  • #1,921
  • Oct 16, 2007 12:01am Oct 16, 2007 12:01am
OH well, get used to it, just wait and it will drop.
  • #1,922
  • Oct 16, 2007 12:04am Oct 16, 2007 12:04am
Quoting lkthomas
OH well, get used to it, just wait and it will drop.
:
  • #1,923
  • Oct 16, 2007 12:13am Oct 16, 2007 12:13am
right after this, GBP/JPY drop as hell!
  • #1,924
  • Oct 16, 2007 12:17am Oct 16, 2007 12:17am
just breaks Daily S1 and weekly pivot
  • #1,925
  • Oct 16, 2007 12:19am Oct 16, 2007 12:19am
Quoting lkthomas
just breaks Daily S1 and weekly pivot
yup,u r spot on! maybe facing retracement now???
  • #1,926
  • Oct 16, 2007 12:26am Oct 16, 2007 12:26am
well, 5mins small pullback to weekly pivot already done, going to 237.98
  • #1,927
  • Oct 16, 2007 12:26am Oct 16, 2007 12:26am
+110pips closed, LOL!
  • #1,928
  • Oct 16, 2007 12:28am Oct 16, 2007 12:28am
Quoting lkthomas
+110pips closed, LOL!
+280 lol
look for a bounce from 237.35, if that gives way the 235 is in todays reach
  • #1,929
  • Oct 16, 2007 12:32am Oct 16, 2007 12:32am
imransait, I would rather close it early to keep profit in my pocket
  • #1,930
  • Oct 16, 2007 12:34am Oct 16, 2007 12:34am
Quoting lkthomas
imransait, I would rather close it early to keep profit in my pocket
closed at +280, look for a small rest here and retracement to continue
  • #1,931
  • Oct 16, 2007 12:35am Oct 16, 2007 12:35am
i got AU 33 pips entry from 0.9001 (short) got also GY 100 pips and...closed it glad to hear you got 200++

thanks man...
  • #1,932
  • Oct 16, 2007 12:40am Oct 16, 2007 12:40am
Quoting imransait
closed at +280, look for a small rest here and retracement to continue
holy crap! what cause the big drop??? if its not bcos of gbp/usd being above the daily pivot ,i would hold on to my short too,damed it!!!i got only 20pips....
  • #1,933
  • Oct 16, 2007 12:42am Oct 16, 2007 12:42am
Quoting imransait
closed at +280, look for a small rest here and retracement to continue
imran,u entered based on 5mins rule too?
  • #1,934
  • Oct 16, 2007 12:43am Oct 16, 2007 12:43am
fxking, I think I told you already, USD/JPY got a heavy drop to cause GBP/JPY drop, GBP/USD seems unrelated with GBP/JPY drop this time.
  • #1,935
  • Oct 16, 2007 12:44am Oct 16, 2007 12:44am
Quoting imransait
closed at +280, look for a small rest here and retracement to continue

did you use Lag2 to exist your entry or what?!
  • #1,936
  • Oct 16, 2007 12:44am Oct 16, 2007 12:44am
Quoting fxking
imran,u entered based on 5mins rule too?
actually i was short since yesterdays double top at 240.50
, had taken a long term short position based on 15m chart
  • #1,937
  • Oct 16, 2007 12:44am Oct 16, 2007 12:44am
Quoting silentfx
i got AU 33 pips entry from 0.9001 (short) got also GY 100 pips and...closed it glad to hear you got 200++

thanks man...

I don't like AUD, it move so damn slow, I would rather play with GBP/JPY as it works very well on this pair
  • #1,938
  • Oct 16, 2007 12:45am Oct 16, 2007 12:45am
to those who earn big pips just now ,i guess i need to be more patience and more brave next time,sigh....
  • #1,939
  • Oct 16, 2007 12:47am Oct 16, 2007 12:47am
fxking, this system using 5mins to project half day trend;

imransait is using 15mins to project 2-3days trend which is amazing
  • #1,940
  • Oct 16, 2007 12:50am Oct 16, 2007 12:50am
Quoting lkthomas
fxking, I think I told you already, USD/JPY got a heavy drop to cause GBP/JPY drop, GBP/USD seems unrelated with GBP/JPY drop this time.
yup,i know but it seem like the equation of gbp/usd X usd/jpy= gbp/jpy failed quite badly in this case
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