Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait | Page 255 | Forex Factory

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

  • #5,081
  • Nov 29, 2007 1:18am Nov 29, 2007 1:18am
Hourly EURGBP resistance proving difficult but hopefully productive. I find myself talking to the screen, so it's obviously time to consult the pillow indicator. Will leave long Aussie and EUR-Cable with stops and TP's in for anyone following along. So much for my effort tonight with on the fly live comments. Hope some profited. Maybe someone else can pick up the ball now.
  • #5,082
  • Nov 29, 2007 1:24am Nov 29, 2007 1:24am
looking interesting as the US seems to be getting stronger
  • #5,083
  • Nov 29, 2007 1:42am Nov 29, 2007 1:42am
Maybe anybody can help me here. I use the Imran-indicators, and i would like to hear an alert, when thereīs a new signal, so that i donīt have to look at the charts in every single moment (or every 5 minutes). Anybody here who can tell me how to create or program or change the indicator ?
Thanks in advance.
Donīt live for working, but work for living.
  • #5,084
  • Nov 29, 2007 1:47am Nov 29, 2007 1:47am
Quoting matsf
Maybe anybody can help me here. I use the Imran-indicators, and i would like to hear an alert, when thereīs a new signal, so that i donīt have to look at the charts in every single moment (or every 5 minutes). Anybody here who can tell me how to create or program or change the indicator ?
Thanks in advance.
for this there is indicator LISPA1
  • #5,085
  • Nov 29, 2007 1:51am Nov 29, 2007 1:51am
i was just curios to see if anyone is achieving 90% from just entering with the correct signals or if discretion is a big part of this. b/c i have not had that level of succes.
  • #5,086
  • Nov 29, 2007 2:04am Nov 29, 2007 2:04am
Thanks, Julia, now i just have to change it so it shows the same signals as the original Imran-indicator.
Donīt live for working, but work for living.
  • #5,087
  • Nov 29, 2007 2:04am Nov 29, 2007 2:04am
what presently better observe currency?
  • #5,088
  • Nov 29, 2007 2:26am Nov 29, 2007 2:26am
I went long EU a short time ago but got stopped out. thought i had a valid signal but maybe i misinterpreted something.. definitely had the stoch + MACD cross.. thought i had the Laguerre also
  • #5,089
  • Nov 29, 2007 2:32am Nov 29, 2007 2:32am
The US is strong today. Try not to go against the trend but if u do might be good idea to take profit where u can
  • #5,090
  • Nov 29, 2007 2:38am Nov 29, 2007 2:38am
Quoting natejax
I went long EU a short time ago but got stopped out. thought i had a valid signal but maybe i misinterpreted something.. definitely had the stoch + MACD cross.. thought i had the Laguerre also
hi

even if you took that trade should have made some small pips,now i took the opposite direction and netted 13 pips.i made that decision because my 4H TF set up showed selling, as you can see that was a bear candel.now whatch out price at the 89ema on 4h same set up as yesterday,i have to check the calendar if no major news that is a possible long setting up definitly good for a few pips
Attached Image (click to enlarge)
Click to Enlarge Name: eu1129.jpg Size: 309 KB
  • #5,091
  • Nov 29, 2007 2:48am Nov 29, 2007 2:48am
whoever watching EU/USD whatch 1.4720 level. if its breaks on 15M tf closed candles it will move lower if not it will be a long set up, keep in mind even if you trade only 5M tf
  • #5,092
  • Nov 29, 2007 3:24am Nov 29, 2007 3:24am
EG looked like valid signal according to system rules

EDIT- no it is below the pivot so would not meet long criteria
  • #5,093
  • Nov 29, 2007 3:44am Nov 29, 2007 3:44am
can anyone please tell me how to change settings of lag1 to get lag 2
  • #5,094
  • Nov 29, 2007 3:53am Nov 29, 2007 3:53am
Quoting Mk4x
i was just curios to see if anyone is achieving 90% from just entering with the correct signals or if discretion is a big part of this. b/c i have not had that level of succes.

I entered a short @228.45 , exited @ 237.37 daily pivot. Patience and waiting for the set-ups. I like to use the 15min charts to enter on the 1 hour charts.

I have not reached that 90% plateau yet, but I am average about 18% a week for the last 8 weeks. Full time job gets in the way. But one can double up ones account every five weeks at that pace, so I will take the slow and patience road. This method works but you have to be like a hunter in a tree and wait for you shots.
Attached Image
  • #5,095
  • Nov 29, 2007 4:11am Nov 29, 2007 4:11am
Quoting spin703
I entered a short @228.45 , exited @ 237.37 daily pivot. Patience and waiting for the set-ups. I like to use the 15min charts to enter on the 1 hour charts.

I have not reached that 90% plateau yet, but I am average about 18% a week for the last 8 weeks. Full time job gets in the way. But one can double up ones account every five weeks at that pace, so I will take the slow and patience road. This method works but you have to be like a hunter in a tree and wait for you shots.
HI SPIN CAN U HELP OUT WITH MY REQUEST
  • #5,096
  • Nov 29, 2007 4:19am Nov 29, 2007 4:19am
Quoting faliowino
HI SPIN CAN U HELP OUT WITH MY REQUEST

This is the template that I used, it has a moving average alert, and the chandra alert. So use what you need and delete the rest I hope this helps.
Attached File(s)
File Type: tpl imrans 2 laguerre.tpl   9 KB | 574 downloads
  • #5,097
  • Nov 29, 2007 4:19am Nov 29, 2007 4:19am
Quoting faliowino
HI SPIN CAN U HELP OUT WITH MY REQUEST
ctrl+i or right click then indicators or click with the right mousebutton on the indicator u want to change then then choose the laguerre u want to change
  • #5,098
  • Nov 29, 2007 4:20am Nov 29, 2007 4:20am
Quoting faliowino
can anyone please tell me how to change settings of lag1 to get lag 2
On MT4, go to insert> indicators> custom>Laguerre. Lag box will be open. go to inputs and change the gamma to .80. Hit o.k. That should do it.
  • #5,099
  • Nov 29, 2007 5:21am Nov 29, 2007 5:21am
Quoting spin703
I entered a short @228.45 , exited @ 237.37 daily pivot. Patience and waiting for the set-ups. I like to use the 15min charts to enter on the 1 hour charts.

I have not reached that 90% plateau yet, but I am average about 18% a week for the last 8 weeks. Full time job gets in the way. But one can double up ones account every five weeks at that pace, so I will take the slow and patience road. This method works but you have to be like a hunter in a tree and wait for you shots.
prompt us entry please. Respectfully yours, Julia.
  • #5,100
  • Nov 29, 2007 5:49am Nov 29, 2007 5:49am
[quote=Julia;1736762]prompt us entry please. Respectfully yours, Julia.



I don't think that I am qualified to call trades. Start with .25 or .10 cents a pip. Or better yet demo the method. Wait for the correct basic setups that are in pdf. Trade @ the recommended times when two markets are open. I use moving averages, along with the bollinger bands, and pivots points. This method is great, simple, and easy to grasp. One just have to study the charts on the weekend, see what signal were given and look at the corresponding results. One must put some work in, to succeed in this endeavor.
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