Stop Loss and Exit Rules — Damonl, I have actually been following this thread silently for sometime now and deemed it fit to contribute to the success of this thread. I carefully studied and back tested the exit rules and thought I should let ...

ATP (Advanced Trading Philosophy) - Positioning For Success

Your Lag Settings — Ann and PipHunter, all you need to do to your LAG setting is to choose Fiexed Minimum and Maximum and they will be alright. Fixed Minimum should be set at -0.05 and Fixed Maximum at 1.05.

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

Advise on Wrong Setup or entry/exit — Can anyone tell me what went wrong with my trade in the chart below? The first chart was my entry while the other is my exit. Also, we need strict rules on entry and exits. We have our individual minds ...

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

Some ? — Imran, I understand the Fibo and Pivot Point are part of the method but does not play major roles. If my Lags are confirming a down trend at just exactly a price close to the top of the Pivot, should the trade be entered? As for ...

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

Further Questions — Imran, you requested for my email and I have sent it to you but you have not sentany chartto me at all. Kindly send them to me through email. Also, I would want to know what you do on the higher TF that you use to confirm ...

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

Fibo and Pivot — Hello Imran, In post #3064 you talked about Pivot and Fibo. I really consider them alot in trades too. Is it advisable to enter a trade with the fibo and pivot when the Lags are not confirming anything? Let me know because ...

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

Imran, my email address is [email protected] Thanks

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

Trades — Is it a good trade too if both Lags are in opposite directions i.e. the blue Lag going up and the red Lag coming down. Is that a strong sell signal too? What are the exit rules and what are the things you consider to setup your TP. ...

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

Lags Agreement — Hello, I will be expecting the posted zip files. Also, I understand that conditions of both lags now. You said 1 of the charts I posted yesterday was correct but I made losses on both. Can you let me know the exit rules? Also, ...

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

Lags Agreement — Imran, I have read all the 199 pages on this Thread over twice and they seem confusing because there are different cases when trades are entered in contrary to the specified entries and exits you posted on post #1. Can you ...

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

Lags Agreement — Thanks FXNorm. Do you consider higher TF before taking your trade like 15M TF? Also, what settings do you use for your LAG 1 and 2? Is it the normal 0.5 gamma, 9500 count bar, 0.15, 0.45, and 0.85 levels and 0.85 gamma for LAG ...

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

Lags Agreement — How does both Lags agree before you enter trades? Must both Lags be coming down with the Stochastic Histogram before you enter a trade or how does both Lags agree? The entry rule set forth by Imran in post # 1 is not clear ...

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

Trade Charts and Time — Hello FXNorm, can you just post the times when these LAGs agree? Can you also post charts please? I need them for references. I also want to know how the lags agree too.

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

Trades — I think so many things are wrong with me and times to take trade. Imran, can you kindly post the times at which the trades are entered and the criteria used for trade entry. You said you were currently on short but according to the ...

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

Trade — Are you sure you took 10 trades today? I have actually made a gain today and got about 2 losses. All other entry signals are not clear/confirmed. I considered the Fibonacci and Pivots too.

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

Good — You could actually have gone in when the Level Stop and Reversal, Lag 1 and Stoch Histogram confirms sell on the 5M chart. You are actually trading a Fib retracement. I shorted at 234.93 when the 15M Fib has confirmed it is retracing so ...

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

Your System — Hello Barracuda, What you should do is to back test it. Also, note that the faster an indicator is, the more risk it has to whipsaws thereby signaling wrong entry and exit points for you. Happy Trading

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

Imran, I have some additional information as to when trades should be placed/executed. Let me know if these are perfect and if need be, add more for us. _______________________ Do you want to enter trade with little risk? There are some things to be ...

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

The Lag you sought — Here is the Lag attachment. Change your gamma setting to 0.6 and countbars to 9500 then set your level to 0.15, 0.45, and 0.85. Happy Trading

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

Where — You said if red LAG is _____________ and blue LAG is facing up and have crossed 0.15. Where must the red LAG be? Up above 0.85 or down below 0.15?

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