So, in looking for an entry point, I would be much more likely to go long where the green arrows are, and short where I have drawn the red arrows on this 5 min chart. Stops are kept mentally tight, with a hard stop always in place. I see a few ...

GBP/JPY charts

The daily pivot point is marked by the yellow dotted line at 228.35,.... a decent buy point as it turns out today. Of course, "out before data" at 4:30 am (all times are New York EST). Smaller time frames are used for entry points or early change in ...

GBP/JPY charts

This chart might look better. The 1 hour chart shows long from about 228.20, and the 15 min green line (EMA 128) comes in 228.45 Except for yesterdays dip,... Long looks good on these charts.

GBP/JPY charts

Thanks, branco... here's the 1 hour GBP/JPY

GBP/JPY charts

15 min chart

GBP/JPY charts

I'm thinking it might be even easier to setup a demo account with all the charts loaded and then just give you guys the password. You could login and look at the same thing.

GBP/JPY charts

Yes, it would mean that longs are preferred. In fact, entering right near the tunnel is the general idea, especially when all of the lines are tight together like this. I'll try to find some more info on this,...

Auslanco - GBP/JPY and GBP/USD (newstrade)

So, how do I make the chart appear as a thumbnail in stead of an attachment ??

GBP/JPY charts

OK,...

Auslanco - GBP/JPY and GBP/USD (newstrade)

This is the 1 hour chart I'm looking at. try again to get the chart. Cheers, price

Auslanco - GBP/JPY and GBP/USD (newstrade)

1 hour tunnel chart — Hello traders, my name is price. This is the 1 hour chart I'm looking at. It's pretty much a "vegas tunnel". The idea is that the white and yellow lines create a tunnel which is your control line. (long above / short ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

[quote=Hakuna Matata;1617355]O lny srmat poelpe can raed this. Amazing HM,... I read through that in record speed without a pause !!!!

Auslanco - GBP/JPY and GBP/USD (newstrade)

Well, Brett Steenbarger,... Psychology of Trading. (brettsteenbarger.com has a ton of articles, but pls don't go there now. That is for the weekend as you would spend hours there.)

Auslanco - GBP/JPY and GBP/USD (newstrade)

Imran, Very interested in your method. What program is the .tpl file ? And which broker do you use, or at least what are your typical spreads ? Thanks

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

Hello, that's the kind of spread I been shoppin for. Which broker ?

Auslanco - GBP/JPY and GBP/USD (newstrade)

Good Morning Folks, Right now I see 5 min G/U and 5 min U/J are running mirror opposites for the last hour and a half. When that happens, G/J will range and yo-yo. So for now, no clear direction for G/J.

Auslanco - GBP/JPY and GBP/USD (newstrade)