My Gbp/Jpy semi-scalp trade

Nice strategy, I like it.. do you know where i can download laguarre?

Thanks for your reply, hope u have a profitable trade.. I am long on geppy at the moment, so it would be nice of you to share your thoughts when you expect a retracement

hey thanks , the strat is not fully mine , i just derived n modified it a bit to suit this pair on 1 min , u can find the original thread here http://www.forexfactory.com/showthread.php?t=40325
u will find laguerre there (on attachment) , profitable trading to u too

looking at the 4hrs chart , i believe we are staying in a range of 222-225 for 3-4 days , and would eventually turn bullish about next week

well i missed this big move , didnt take it cos the candle been breaking rainbow spine , the fine point is that it never breaks the rainbow completely , so next time ill take that into consideration , was looking for retracement in this run , never happened , anyway its retracing now , might enter if its suitable

the move was too quick , i hesitated about 1 second n i got re quoted thrice , !@!#!@$!

past few days i ve been trying to improve myself , its still on the take profit case , i can take 10 pips easily with the system , almost everytime , the problem is to recognize the ones that might give a big win , the only way to solve that part is to analyse the longer tfs , as i ve become better on reading the 4hrs chart , i still find it difficult to be in front of the screen all the time to find the perfect entry spot giving me very very close sl n still be confident that it will give me the 100 pips i want ...
position sizing seems to be the key to this ... wish my broker gives micro lot options

i ve noticed that many breakouts happen 2-3 hours after london opens (from 10am - 11am gmt) , since its very tiring to watch the screen all day , im goin to plan my trading session as follows , asian session till 4 gmt , n then ill watch the london breakout session , ah december gonna be interesting

Great Strategy bro.....
Only suggestion... your 20 pips SL on GJ is very risky, you know.... It's easy for "stophunter" broker to take it out and let you loss....
Just my nine cents rupiah....

yup very true on this pair unless u play it only during some specific timing where the move is mostly one way , like around 4 o clock our indonesian time

how sometimes the mini time frame resembles the mega time frame ... probably just shear coincidence but still the similarity is uncanny ...

how my system got simpler n simpler with time passing ... its like going back to how i used to trade the first time , intuition n no indicator ... the rainbow was colorful though n still the best mechanical system around ...
now only price action n snowballing method (thank you FTI ) ...