Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait | Page 115 | Forex Factory

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

  • #2,281
  • Oct 18, 2007 6:49pm Oct 18, 2007 6:49pm
Thanks for the reply. Question: What would the settings be if I want to LISP1 indicator to alert around the clock. I put in 0 and 2400. Just want to confirm this setting. Thanks in advance.
  • #2,282
  • Oct 18, 2007 7:36pm Oct 18, 2007 7:36pm
Quoting imransait
attached is the place where the trade should have taken place
just for information and for education of others, nothing to make u feel bad

Imransait, I really would like your input here.
I have read the whole thread and I go back often to verify some things.

How have you used the system with such high success ratio?
Have you used the lag1 crossing down .85 or up .15 while the lag2 is flat above 1 or below 0 OR have you used the method of waiting until the lag2 breaks the .85 or .15???

I have seen also other people asking and have gotten answers sometimes with the first way and some others the second.
Could you please clarify this for me?

Thanks and best wishes for health and many pips.
Evan
  • #2,283
  • Oct 18, 2007 7:39pm Oct 18, 2007 7:39pm
Quoting spin703
Thanks for the reply. Question: What would the settings be if I want to LISP1 indicator to alert around the clock. I put in 0 and 2400. Just want to confirm this setting. Thanks in advance.
see this thread ony about LISPA indicator:

http://www.forexfactory.com/showthread.php?t=51635
  • #2,284
  • Oct 18, 2007 7:49pm Oct 18, 2007 7:49pm
g[IMG]file:///C:/DOCUME%7E1/alpian/LOCALS%7E1/Temp/moz-screenshot-5.jpg[/IMG]ood day to all,

[IMG]file:///C:/DOCUME%7E1/alpian/LOCALS%7E1/Temp/msohtml1/01/clip_image002.jpg[/IMG]
  • #2,285
  • Oct 18, 2007 8:27pm Oct 18, 2007 8:27pm
I saw a Triple top on the 1hr chart and a Double top on the 5min...then we got the sell signal on Lag1 with both Lag1&2 having been at the top. I entered with 2 positions...first position was +40pips and the second was closed for +55pips with price bouncing of S1. I will sleepy happy tonight!

Thanks Imransait for your teachings!
Attached Image
  • #2,286
  • Oct 18, 2007 8:29pm Oct 18, 2007 8:29pm
Here's the Triple Top
Attached Image
  • #2,287
  • Edited 8:36pm Oct 18, 2007 8:32pm | Edited 8:36pm
great job!!
first top preceded by nearly complete candl close outside of BB; dbl top followed by a bull trap too. cant beat that w/a pipe for a good R vs R trade. next time let us know so we can get in too!



Quoting Tw0eleven
I saw a Triple top on the 1hr chart and a Double top on the 5min...then we got the sell signal on Lag1 with both Lag1&2 having been at the top. I entered with 2 positions...first position was +40pips and the second was closed for +55pips with price bouncing of S1. I will sleepy happy tonight!

Thanks Imransait for your teachings!
  • #2,288
  • Oct 18, 2007 8:45pm Oct 18, 2007 8:45pm
U/J MORNING SHORT
Attached Image
  • #2,289
  • Oct 18, 2007 8:51pm Oct 18, 2007 8:51pm
just sclap e /j long side...flat now. dont like the setup.
  • #2,290
  • Oct 18, 2007 8:54pm Oct 18, 2007 8:54pm
att

red lag. pointing DOWN
Attached Image
  • #2,291
  • Oct 18, 2007 8:55pm Oct 18, 2007 8:55pm
good exit for quickie! gotta know when to hold em, know when to fold em
  • #2,292
  • Oct 18, 2007 9:07pm Oct 18, 2007 9:07pm
I will try to post them as I see them setting up. But I've only been using this method for 2 days now and still getting the feel for it, so I don't want to give anyone bad advice.

Quoting fx_ninja
great job!!
first top preceded by nearly complete candl close outside of BB; dbl top followed by a bull trap too. cant beat that w/a pipe for a good R vs R trade. next time let us know so we can get in too!

  • #2,293
  • Oct 18, 2007 9:14pm Oct 18, 2007 9:14pm
so far u are doing great!
  • #2,294
  • Oct 18, 2007 9:16pm Oct 18, 2007 9:16pm
E J R @ 67, support at 48.
i favor Downside
not risking much here.
  • #2,295
  • Oct 18, 2007 9:21pm Oct 18, 2007 9:21pm
48 broken then more DS
why? cuz last long signal bar close = 48
macd counter : 6 pips till zero cross and ZB alrady posted.
  • #2,296
  • Oct 18, 2007 9:24pm Oct 18, 2007 9:24pm
no momo now.
somebody reverse the polarity on the daily pivot magnet!
  • #2,297
  • Oct 18, 2007 9:26pm Oct 18, 2007 9:26pm
flat now...will wait for better setup.

IM SURE IT WILL DROP NOW THaT IM FLAT. lol
anybody trade this time on a reg. basis?
seems too slow.
my sched. has been erratic.
still trying to get a handle on all the good trading hours
  • #2,298
  • Oct 18, 2007 9:43pm Oct 18, 2007 9:43pm
Quoting Tw0eleven
Here's the Triple Top
Bro , just to ask U

How U attached the image ha.... could U teach me bro
  • #2,299
  • Oct 18, 2007 10:38pm Oct 18, 2007 10:38pm
anyone notice U/J is going up soon?
  • #2,300
  • Oct 18, 2007 10:58pm Oct 18, 2007 10:58pm
Quoting lkthomas
anyone notice U/J is going up soon?
at present it is testing S1, wait for a 15min candle to close above it, if not, it may go to test S2
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