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- FXNorm replied Oct 23, 2007
the 15 minute chart may be triggering soon. all we need is the histogram
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- FXNorm replied Oct 23, 2007
yes exactly...red lag must be on the top along with the blue lag and the blue lag must dip and cross the 0.85 line and the histogram must agree (go negative for shorting). same at the bottom to go long
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- FXNorm replied Oct 23, 2007
Hi Wales, I wasn't writing the times down when the triggers were hit. I'm all new to the forums and haven't figured out marking charts and posting them yet. I'm sure there will be plenty of charts posted in the future and there have been many charts ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- FXNorm replied Oct 23, 2007
Hi Wales, several trades have had the 2 lags in agreement and also the histogram. Just keep watching and it will become clear very quickly.when all 3 are in agreement the trades today have been 100% winners.

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- FXNorm replied Oct 23, 2007
Looks like the red lag isn't convinced yet that this is a top on 5 min chart. histogram either
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- FXNorm replied Oct 23, 2007
thnx Grkbear I corrected my post, soory bout that. putting my mouth in gear before my brain
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- FXNorm replied Oct 23, 2007
Buy signal on 15 min chart, just need histogram. OOps its a sell signal sorry
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- FXNorm replied Oct 23, 2007
Guys - Lots of confluence at the 234.40 to 234.60 level ...lower bollinger band,38.2 then %50 level AND 235.50 round number. not my favorite place to go short. %50 fib is at 234.35
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- FXNorm replied Oct 23, 2007
I like the 90 - 10 setting because they get you in sooner. I think Imran set them at 85 - 15 to be more sure of a proper signal. I could be wrong. the red lag settings should be .15 .85 .45 also. with the 0.80 gamma
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- FXNorm replied Oct 23, 2007
Price bounced off of lower bollinger band and 38.2 fib at 234.65 good call. lag 1 gave a sell signal at 235.30 histogram confirmed. There seems to be a 30 point swing before the sell signal.
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- FXNorm replied Oct 23, 2007
Strong Support at 234.50 round number as you know. Good Luck
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- FXNorm replied Oct 22, 2007
Thanks lkthomas I guess everyone knows about the indicators he uses. Just lookin for some other indicators but they're probably not needed.
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- FXNorm replied Oct 22, 2007
Has anyone ever heard of this system, it uses the Laguerre also. He was selling his system for $300 up to about july, then he decided to give it away free. He said it works perfectly but only gave one signal a day. His site is pretty informative. It ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- FXNorm replied Oct 22, 2007
Thnx Fx Ninja, after watching the two lags for a few days it should become clearer. Thanks again for helping us newbies.
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- FXNorm replied Oct 22, 2007
Question - so if the red lag is not either flat against the bottom or flat against the top, there's no trade regardless what the blue lag is doing?
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- FXNorm replied Oct 22, 2007
fx ninja I checked your post #2753 but there's no explaination just a chart just says "att" since I'm new at this (you probably guessed) I have no clue what your chart is telling me. Thanks tho
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- FXNorm replied Oct 22, 2007
To all of the newbie's, don't be intimadated by all of the lingo about bollinger bands, ema's, pivot points, round numbers, etc, etc. Just place the blue lag on your charts and start watching that until you figure it out. You need to look for simple ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- FXNorm replied Oct 22, 2007
If the red lag is confusing, don't use it for a while till you figure it out. The blue lag is the most important one. Someone correct me if i'm wrong please. I just made a demo buy at 232.60 in the last hour when the blue lag came off the bottom. I ...
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- FXNorm replied Oct 22, 2007
The DOW looks like it wants to trade between 13400 and 13700 for the next few days. Market makers need to clean up their sloppy movements. Any thoughts?
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait
- FXNorm replied Oct 22, 2007
G/J 5 min chart red and blue lag signaling, price at 231.50 now over 232.00 in 2 minutes lol Red and blue signaled for at least 2 minutes at 231.50 area.
Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY - by Imran Sait