Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY

Attached Files

	###Auto Pivot.mq4 (15.2 KB, 5329 views)
	StochHistogram.mq4 (2.6 KB, 4435 views)
	MACDTraditional.ex4 (3.2 KB, 1752 views)
	imran_setup.tpl (8.5 KB, 1860 views)
	Laguerre-ACS1.ex4 (3.7 KB, 1829 views)
	5min_trade_strategi.2.pdf (308.4 KB, 3096 views)

Simple Method of Scalping any pair on 5 min chart , specially GBP/JPY

4 Hour Strategy (MACD)

I am using this 4 Hour strategy only for the last month as I have paper traded for 2 years trying everything and or system I could find. (I am trading equities for almost 10 years)I have decided that I will only go live(after some losses-not to serious) after I have studied the field of forex and are satisfied that I have a system that works. I do believe that we are trying to make it to impressive and difficult. This system is simple and easy to understand. I have back tested and forward tested it over more than 200 trades and it gives 300+ pips per month. I never had more than two consecutive losses. I never use a stop loss bigger than 50. There are enough chances to ignore the ones bigger than 50.

I am using this strategy only on the EurUsd and the GbpUsd. Have not tested it on other.
I hope that you will find some use for it and that it put you on the road to financial independence.

	4 Hour MACD Forex Strategy.pdf (635.2 KB, 17481 views)
	Planning your Trade.pdf (92.9 KB, 37406 views)

INTEREST RATE SEESAW OF SUPPLY AND DEMAND

???							???
Strongest			Weakest

WHY IS IT IMPORTANT?

Watching which economies are offering higher interest rates can help you project where global investors are going to be moving their money and which currencies will be increasing in value.

Global investors are always looking for the best return on their money. If an investor can earn 5 percent holding his money in Economy A, and he can earn 2 percent holding his money in Economy B, he is naturally going to choose Economy A.

As investors begin moving their money into Economy A to take advantage of the higher interest rate, demand for the currency of Economy A goes up. As demand goes up, the value of the currency also goes up. If you can identify which currencies will be increasing in value, you can buy those currencies and increase your profits.

INTEREST RATE SEESAW OF SUPPLY AND DEMAND

???							???
Strongest			Weakest

WHAT DOES IT MEASURE?

The Interest Rate Seesaw of Supply and Demand measures the strength and weakness of each economy's prevailing short-term interest rate. These rates are controlled by the following central banks:

• United States---U.S. Federal Reserve (Fed)
• United Kingdom---Bank of England (BOE)
• Eurozone---European Central Bank (ECB)
• Switzerland---Swiss National Bank (SNB)
• Japan---Bank of Japan (BOJ)
• Canada---Bank of Canada (BOC)
• Australia---Reserve Bank of Australia (RBA)
• New Zealand---Reserve Bank of New Zealand (RBNZ)

TOTAL FUNDAMENTAL STRENGTH

???							???
Strongest			Weakest

WHAT DOES IT MEASURE?

Total fundamental strength measures the cumulative strength of each currency based on each of the following fundamental factors, or seesaws:

Interest Rates Seesaw	View Today's Seesaw	What Does it Measure? Why is it Important? How to Use It?
Yield Curve Seesaw	View Today's Seesaw	What Does it Measure? Why is it Important? How to Use It?
Ten-Year Government Bond Yield Seesaw	View Today's Seesaw	What Does it Measure? Why is it Important? How to Use It?
Equity Market Yield Seesaw	View Today's Seesaw	What Does it Measure? Why is it Important? How to Use It?
Daily Seesaw of Relative Strength	View Today's Seesaw	What Does it Measure? Why is it Important? How to Use It?
Weekly Seesaw of Relative Strength	View Today's Seesaw	What Does it Measure? Why is it Important? How to Use It?
Monthly Seesaw of Relative Strength	View Today's Seesaw	What Does it Measure? Why is it Important? How to Use It?
Quarterly Seesaw of Relative Strength	View Today's Seesaw	What Does it Measure? Why is it Important? How to Use It?

GBP/JPY: On Its Way Down Below 215.00?

Carry traders have been wincing as the GBP/JPY has been declining during the past few months. Elevated risk levels have been sending the value of the Japanese yen (JPY) through the roof, and we're all wondering when/if the pain is going to stop.





The GBP/JPY has been steadily climbing since late 2000---making many carry traders too complacent. If they don't wake up soon, they're going to lose a lot more money.