Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait | Page 152 | Forex Factory

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

  • #3,021
  • Oct 23, 2007 9:07pm Oct 23, 2007 9:07pm
USD/JPY Current R @ 82, 89, 95, 00
  • #3,022
  • Oct 23, 2007 9:09pm Oct 23, 2007 9:09pm
first target achieved.
  • #3,023
  • Oct 23, 2007 9:11pm Oct 23, 2007 9:11pm
momo is slow here. if no thrust below 62 within nxt 20 min, watch for bounce above 70.
  • #3,024
  • Oct 23, 2007 9:24pm Oct 23, 2007 9:24pm
ok...times up. if u didnt alerady take some profit at 62, then i would take some now and hold some for breakeven...not gonna give back 20 pips on the entire position. there will be BETTER TRADES.

these last few posts are to give u some insight as to how i would manage this type of trade. Use from it whatever is useful for you and discard the rest.

Good fortune to all.
  • #3,025
  • Oct 23, 2007 9:25pm Oct 23, 2007 9:25pm
very choppy market tonight !
Push yourself to your fullest potential!!
  • #3,026
  • Oct 23, 2007 9:26pm Oct 23, 2007 9:26pm
managing to scrap a few pips here than tonight
Push yourself to your fullest potential!!
  • #3,027
  • Oct 23, 2007 9:27pm Oct 23, 2007 9:27pm
att
Attached Image (click to enlarge)
Click to Enlarge Name: uj 003.jpg Size: 242 KB
  • #3,028
  • Oct 23, 2007 9:33pm Oct 23, 2007 9:33pm
good job. if u can, plz post charts with explanations for those that are still getting familiar.

Quoting viking1975
managing to scrap a few pips here than tonight
  • #3,029
  • Oct 23, 2007 10:56pm Oct 23, 2007 10:56pm
Quoting BookerT
Located this Laguerre with alert functions. Can be set to alert when cross of the .85 or .15 or any level occurs as well as a few other things.
Thanks for your indicator...

do you have an indicator for Stoch Histrogram cross zero line....?

Thanks again.....
  • #3,030
  • Oct 23, 2007 11:13pm Oct 23, 2007 11:13pm
Here's what I have found: the 50EMA on the 30M chart will give you the updated Daily pivot at any point in time throughout the day for any currency. - Contributed by My2buoys - a FF Member

Stranger then fiction guys...but its true..i checked it myself
  • #3,031
  • Oct 23, 2007 11:20pm Oct 23, 2007 11:20pm
u/j thrust brk below 62, test 62 again and failed to brk above.
  • #3,032
  • Oct 23, 2007 11:22pm Oct 23, 2007 11:22pm
Entry for USD/JPY today @ 114.69,SELL position

price still going down,i use lag .85 ,stoch histogram and T3 indicators to entry

give me some info if my entry was wrong
  • #3,033
  • Oct 23, 2007 11:23pm Oct 23, 2007 11:23pm
Quoting imransait
Here's what I have found: the 50EMA on the 30M chart will give you the updated Daily pivot at any point in time throughout the day for any currency. - Contributed by My2buoys - a FF Member

Stranger then fiction guys...but its true..i checked it myself
hello imran.i've been trying a lot of trading system for 2 months now..i found that ur system was very amazing...but through testing..sometimes i win..sometimes not..maybe still don't understand it yet..lol..u said that u will attach pdf file for the system..but i couldn't find it in this thread..can u attach it in the first post? tq..
  • #3,034
  • Oct 23, 2007 11:24pm Oct 23, 2007 11:24pm
sorry,i can't load the chart coz i don't know how to load it
  • #3,035
  • Oct 23, 2007 11:24pm Oct 23, 2007 11:24pm
Quoting imransait
Here's what I have found: the 50EMA on the 30M chart will give you the updated Daily pivot at any point in time throughout the day for any currency. - Contributed by My2buoys - a FF Member

Stranger then fiction guys...but its true..i checked it myself
Hi Imran. I saw that too and checked it myself also. Amazing how that works.
  • #3,036
  • Oct 23, 2007 11:35pm Oct 23, 2007 11:35pm
yes, 69 for re-entry if u did not re-short @ bounce to 80 or enter originally in 87 area earlier.

Quoting bogel
Entry for USD/JPY today @ 114.69,SELL position

price still going down,i use lag .85 ,stoch histogram and T3 indicators to entry

give me some info if my entry was wrong
  • #3,037
  • Oct 23, 2007 11:36pm Oct 23, 2007 11:36pm
Quoting bogel
Entry for USD/JPY today @ 114.69,SELL position

price still going down,i use lag .85 ,stoch histogram and T3 indicators to entry

give me some info if my entry was wrong
HI bogel

ur entry was perfect, it may test out 114.28 S1 and 113.79 S2, watch out and keep locking in profits
  • #3,038
  • Oct 23, 2007 11:37pm Oct 23, 2007 11:37pm
Price is now below Daily Pivot and target for today is S1 at 233.22 , watch for a bounce
  • #3,039
  • Oct 23, 2007 11:52pm Oct 23, 2007 11:52pm
Quoting imransait
HI bogel

ur entry was perfect, it may test out 114.28 S1 and 113.79 S2, watch out and keep locking in profits
thanks for ur info,locking in profits now...
  • #3,040
  • Oct 24, 2007 12:22am Oct 24, 2007 12:22am
Hey Imran,

I was offline with the quotes from MB Trading/EFX and could not close or open any trades. Were you also offline on the quotes or was anyone else that uses them offline. I was attempting to scale down a position when it happened. I will now have to wait since price is back up.
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