Hello

HI friends

It is really nice to find one Indian forum where people are discussing Forex.
I feel , i will enjoy my stay here.

I am trading forex since quite some time and i have passed a lot of time in paper trading and finding a system that can suit me .


Having tried all different time frames and different trading setups,
finally I have settled for some specific set ups which are quite simple
and give nice trades most of the times( looser also, But that is a part
parcel of any financial market
These charts are self explanatory, you will understand what trades were to be taken and at what time.

These charts have two vertical lines which show the time from whic i start looking for a trade and when I call it a Day.

SO far so good.

Have a look at the charts and see it got your self.


More to follow at some other time

Looks good, is it based on an oscilator?

Welcome to both of you! On the lighter side, price itself is an oscillator!

s s

Thanks friend for responding


here see some more intraday charts.

I am intra day trader looking for 20/30 pips on any trade.
these charts show how i make them .

Hi Hallmark,

It's me again ...
Yups! Its really good that moer Indian Users will get into Forex, the best place to invest or trade even if our government falls..LOL!!

Since you're an experienced forex trader and you're doing Intraday with 20-30 pips as target, which is absolutely legal (from scalping point of view). Can you please share youre views / advise on below list:-

1) Your recommended Dealer (NFA Registered). Thy sud provide-
(a) Spread <=2 Pips on EUR-USD and other majors
(b) MQ Trading S/W Platform
(c) Micro Lots and Micro Accounts Availability (or Mini Ones)
(d) Credit Card Funding and Withdrawl Facility
(e) Provide Real Time Quotes on MQ. Almost all dealers filter quotes or have Freeze, to reduce- extreme volatility. This however makes EA BackTesting worthless.

2) If you're using MQ, kindly share your EA or MQ Code. Your stratergy seems good from charts. Do you trade during Overlapped timings?

My Inputs:-
(i) FxOpen is a Scam, otherwise they provide 1 or 2 Pips with MQ Platform.
(ii) FxLite allows Scalping!
(iii) I'd like to test some EA's and results would be displayed on TraderJi. However this would tick wise data, I'm still finding a good broker for this, apart from learning NN.
(iv) We're new to Forex World, but not technically challenged!

Thanks again for your inputs,
Ritesh
ritesh @ mail . ru