At the risk of "talking my book," I am now going back to my position-trading roots and looking very hard at the long side of EURGBP. The action on this thread's techniques is supportive though it remains another contra. The difference for me now is ...

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

Indeed, that is the contra trade.

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

Simon's post on here earlier in the day was a bit on the rude side; however, it does ring true on ceratin points. There are a lot of new traders on this thread who have yet to understand how tenuous success is in this business. Even longstanding ...

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

AUDUSD also looks promising for a long if the BB begins to shift

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

Throw USDCAD in there as well

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

For those looking at real time, take a look at EURUSD, GBPUSD and contra USDJPY

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

Oh that's right - they can't be opened. Can you list the ones you need? If I recall, most are .mq4 and some are .ex4

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

Yes, I have similar concern about an EA; however for the so-called "perfect setups" it would be very nice to have indeed.

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

The LIPSA is a combination of the indicators to give buy/sell signals. It may give you most of what's needed for an EA. PM Chandra when you get your 15 posts!

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

A quick 10-20 pips; Eyes on long EURUSD and Euro-Cable now, though the latter is below the averages.

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

That might be of use to those following multiple markets especially. You might be able to work with Chandra, as she's written the newest alert format - the LIPSA2.

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

No, there is not one to date

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

Looks like that point was illustrated here. One could have scraped 10 or so pips, but the counter move is now quite strong and fast.

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

Billser, I've seen this type of move several times. It is not technically in line with the instructions in the PDF, though it appears profitable in strong intra-day trends. My own sense is that one is delving into an already mature trend with the ...

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

Indeed it's compelling, but one can be correct and still struggle if the timing is off -- hence the beauty of this thread's system. Perhaps a bias long (or short if the resistance holds) will serve well in the next few days on Cable-Yen.

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

This is worth a look, as a possible long term investment. Euro-Cable is not the most volitile pair for the system, but perhaps a bias toward moves one way or the other will prove useful. The next few days/weeks should be revealing. It also shows the ...

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

Imran, Are the trades in the report taken with 5-min entries or do they include 1 minute trades/triggers? Thanks much.

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

Tony - Yes, that is correct; one must be quick though.

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

EURUSD setup while sitting on the 5 min MA...but the 1 min entry thwarted again.

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

Nah - bounced off the BB; the 1 min triggered but the 5 did not on the initial attempt.

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