FXNorm....Sorry i dont have access to good charts at the moment bot from what i can make out, gbpusd did drift down from about 2.0485 to about 2.0463 after 12.30 gmt. I suppose the first thing to check is what timezone the chart is in. Any ideas?

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

Hey dr who!Give it some time.....trust me it does work if you can master how to look at the indicators. a good way is to stick a 1min chart with the indicators on and just watch the way the price behaves. you'll see patterns and you'll be very ...

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

Hi FXNormunless i'm much mistaken the original post indicated that the position was taken at 11.30.Looking at the position at 11.30 as indicated at the bottom of the chart, working from that time the Lag 2 which i pressume is the bottom one was ...

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

quite an interesting chart.At first blush i would be looking at a short but looking at the fact that the bolinger bands are pointing up and the price has touched the middle band and not fallen below i would be hesitant. Upon looking at the Lag 2 ...

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

Clearly not a sell at that stage because;1) lag 2 was pointing upwards2) looking at your 200 and 60 emas, their values were close and price was to close to their values and bpbing arround so showing indecisiveness

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

An interesting article for those who trade euryenhttp://www.ft.com/cms/s/0/a370e95e-8194-11dc-9b6f-0000779fd2ac.html?nclick_check=1

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

Hi imran, im probably being a bit dense but how would you use this to your benefit. Sorry i am not in fornt of my charts till later so can't see what it would look.

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

Hi there Dr whoAre you sure that youve followed the rules of this system accurately? I only ask because in my experince of following and using this system it has proven to be far more effective than anything else ive used. plus it combines some ...

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

Hi imranA few questions for you 1) You pointed out that price on gbpjpy wopuld fall back after reaching 234.50-60. I saw resistance around that because of multiple resistance due to the 200 ema and 20 period ma in the bolinger band in the 15min ...

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

Imran is that calc based on the fact that 234.59 reresents the 200 period ma in the 5 min time frame?

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

gbpjpy — signal in the 15min chart on gbpjpy to the upside @ around 234.00 but possible strong resistance @ s34.35 due to 200ema and 20ema of the bolinger band providing combine resistance. I reckon if it breaks above they could act as strong ...

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

looks like the breakout is to the upside!

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

Mine was moved to break event at 30+. For some reason i dont have that much faith in this down move!

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

Am also short from 233.15 Looking at price movement at the moment, what do you think the chances are of a return to the bear market moves?

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

Short @ 235.15fingers crossed!

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

Resistance?? — GBPJPY How high do you think it will rally today? i'm thinking 235.70-90 based on potential resistance caused by the 200 ema in both the ihr and 4 hr time frames. Any other ideas?

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

Hi Herbert H I attach a screen shot using lag alert could you compare with yous and adviser as to whether they are correct? Thanks Rocwell

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

Hi arhemsi I dont think i would have taken the trade but it looks good that you did! i would have been concerned by the uncertainty displayed by the lag 2 so this has been a good piece of education for me. congrats!

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

Imran, I seem to remember you mentioning that these indicators work on comodities and precious metals particularly gold, do any off the setings need to be adjusted for gold at all?

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

200 ema acted as support. I wouldnt trade against the 200 ema unless you were far above it. price always seems to trade towards the 200 period ma and bounce back in an up trend

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