Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait | Page 186 | Forex Factory

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

  • #3,701
  • Oct 28, 2007 12:22pm Oct 28, 2007 12:22pm
Quoting imransait
HI Guys
Updated Post #1 with new pdf which contains the new rules of entry, exit and a new indicator.

Update : Small deletions made, download the file again
Thank you for your great job!
NEVER enter a trade JUST because you want to trade.
  • #3,702
  • Oct 28, 2007 12:29pm Oct 28, 2007 12:29pm
Hi all --

I am VERY excited about the progress of this thread -- and send GREAT thanks to Imran and all who are contributing.

Here are some links to sources of news I like ---

http://www.pfxglobal.com/

http://www.cmsfx.tv/CMSFXTV/ForexVid...VideoNews.html

http://www.northfinance.com/ (scroll down and click on Video News)

All the best to everyone for this weeks trading !!

Jill R.
  • #3,703
  • Oct 28, 2007 12:30pm Oct 28, 2007 12:30pm
Found the direct link to news on North Finance site

http://www.northfinance.com/main-pag...and-analitics/
  • #3,704
  • Oct 28, 2007 12:32pm Oct 28, 2007 12:32pm
Quoting imransait
HI Guys
Updated Post #1 with new pdf which contains the new rules of entry, exit and a new indicator.

Update : Small deletions made, download the file again
Hi Imran,
I noticed that in the pdf file, you've changed the gamma for Lag1 from 0.55 to 0.65. Any reasons for that? thank you
NEVER enter a trade JUST because you want to trade.
  • #3,705
  • Oct 28, 2007 12:33pm Oct 28, 2007 12:33pm
Quoting Ann
Great document, PipCop! Much appreciated...
Hi Ann,
Noticed that your from the windy city, I am only 1,000 miles east of you here in Rhode Island
The doc on Con/Div should help many that need a complete understanding of how this works
Feed that pig will you, poor thing
  • #3,706
  • Oct 28, 2007 12:50pm Oct 28, 2007 12:50pm
Quoting cheapmi
Hi Imran,
I noticed that in the pdf file, you've changed the gamma for Lag1 from 0.55 to 0.65. Any reasons for that? thank you
it was so that we can make more pips....
jokes apart. i found this setting to be good after lots of forward testing with the stoch indicator and asc trend indicator.
  • #3,707
  • Oct 28, 2007 1:08pm Oct 28, 2007 1:08pm
Quoting kiwigold
Hi all --

I am VERY excited about the progress of this thread -- and send GREAT thanks to Imran and all who are contributing.

Here are some links to sources of news I like ---

http://www.pfxglobal.com/

http://www.cmsfx.tv/CMSFXTV/ForexVid...VideoNews.html

http://www.northfinance.com/ (scroll down and click on Video News)

All the best to everyone for this weeks trading !!

Jill R.
Thanks, Jill for the great links!
  • #3,708
  • Oct 28, 2007 1:13pm Oct 28, 2007 1:13pm
Quoting PipCop
Hi Ann,
Noticed that your from the windy city, I am only 1,000 miles east of you here in Rhode Island
The doc on Con/Div should help many that need a complete understanding of how this works
Feed that pig will you, poor thing

Hi PipCop,

Good to hear about where you're from...yes, you're almost next door! And, yes poor Piggy is starving--that is changing though!
Great charts BTW. So the 30 / -30 is working well for you? Gets you in quicker, but does it take you out a little too soon? just curious...
  • #3,709
  • Oct 28, 2007 2:24pm Oct 28, 2007 2:24pm
Hi Imran,
Please add me to Skype chat room, Skype i/d is ANTIQUEGEOFFREY
Many Thanks
  • #3,710
  • Oct 28, 2007 2:50pm Oct 28, 2007 2:50pm
Hi Imran

Please add me to the skype room. My skype id is jamalima.

Regards,

Mark
  • #3,711
  • Oct 28, 2007 2:58pm Oct 28, 2007 2:58pm
Quoting PipCop
Brown line is the Laguerre filter .4, blue lag set at .55, red lag set at .7 the black line is the Gann Hi/Low Activator
Thanks Pipcod.
AL
  • #3,712
  • Oct 28, 2007 3:22pm Oct 28, 2007 3:22pm
Quoting imransait
it was so that we can make more pips....
jokes apart. i found this setting to be good after lots of forward testing with the stoch indicator and asc trend indicator.
Got it, thank you. will keep to use the 0.65 setting.
NEVER enter a trade JUST because you want to trade.
  • #3,713
  • Oct 28, 2007 3:42pm Oct 28, 2007 3:42pm
Hi there,

just wanna share my look on my charts, I like visual stuff .

This also has 2 advantages:

1) It focus on the best trading time (GMT 7-20), this is ofcorse adjustable..

2) It shows the high and low of the period chosen.

I use it solely for backtesting.

I use an indicator for it, im sure it is here from FF, I will post it if anybody is interested...

Happy trading,

PC
Attached Image (click to enlarge)
Click to Enlarge Name: box.jpg Size: 146 KB
Less is more...
  • #3,714
  • Oct 28, 2007 3:46pm Oct 28, 2007 3:46pm
Hi Pipcruiser

If you can post the indicator with time and high/low, it would be much appreciated.

Thanks for sharing

Regards,

Mark
  • #3,715
  • Oct 28, 2007 3:55pm Oct 28, 2007 3:55pm
Here it its...

Thanks to whoever made it, I got it here from FF. It is originally made for a breakout system, but I played with the settings in order to use it for better backtesting..

No of days : 50
Period begin : 08
Period end : 22
Box end : 22
BoxBreak out offset : 0
BoxHLColor : whitesmoke
BoxBreakOutColor : none
BoxPeriodColor : midnightblue

That's it

PC

Quoting jamalima
Hi Pipcruiser

If you can post the indicator with time and high/low, it would be much appreciated.

Thanks for sharing

Regards,

Mark
Attached File(s)
File Type: ex4 BreakOut_BOX_2_indicator.ex4   7 KB | 809 downloads
Less is more...
  • #3,716
  • Oct 28, 2007 4:45pm Oct 28, 2007 4:45pm
HI Imran,

I am having problem logging in the chatroom. I have skyped and I tried to open the chatroom with Internet Explorer and Firefox, but nothing happens. Do you have any idea what's wrong and what i needed to do?


Thanks,
KingSizePips

P.S. I am running windows Vista
  • #3,717
  • Oct 28, 2007 5:15pm Oct 28, 2007 5:15pm
What are the 'Bollinger bands' and what do they look like?
Thanks
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #3,718
  • Oct 28, 2007 5:34pm Oct 28, 2007 5:34pm
Hi again!

Imran, can u plz add me to skype chat? Name: pabloreg

Have all a great week with lot of pips!
  • #3,719
  • Edited 6:21pm Oct 28, 2007 5:52pm | Edited 6:21pm
salam Imran,
congrat on your successfull thread,
please include me in your skype room
as Encino11

tnx
  • #3,720
  • Edited 8:23pm Oct 28, 2007 7:15pm | Edited 8:23pm
Here's what I"m looking at right now. Only need about a 20pip stoploss on this trade!


Update: closed this trade for a small loss...didn't like how price isn't falling and made a new high for the day!
Attached Image
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