Recent content by psb67

Earlier in an another area, I had discussed in brief certain features of MA & MACD while used in forex. I take pleasure in posting here how these two great indicators function on NSE Nifty Spot Index & JSW Steel Eq. More than words, images explain the most. Healthy And Wealthy Trading

Yes, real frustration and testing. It's Part of the game. :)

In MT4, we have only 1M, 5M and etc. time frames. It does not matter a much so long as the concept is understood and applied. If you take a look at today's EURUSD-1M & 5M, you can clearly see the difference. Yes, you are right, it works nicely with the trend but not with sideways.

While thanking you for your response, I am herewith attaching 123 sec. and 15 min. charts of 7th instant for your understanding. The meaning of Caution Zones that I have mentioned in the chart is, even though 63 sec. gives trading opportunities, 123 sec. does not conform to the same; it says be...

<<Preparing written rules for entries and exits and marking charts is a great way to drive stuff home.>> I 100% agree with you. Besides, at any given point of time I follow only one instrument that always helps me immensely. <<My own experience has been to want to bend the rules and then have a...

Yes, you are right. In fact I wanted to add 123 sec. and 15 min. charts that I use but later decided not to crowd too many charts. I will certainly add them next time. <<like the looks of that chart and system, practice will allow you to make some nice profits.>> Yes it does. MAs, RSI and MACD...

First of all, the strategy that I use is a discretionary one. I don't know whether there is something called "Promising" so far as any strategy is concerned. To me a strategy is like a light house, helps me get a direction; my strategy does not decide my trades, I decide when there is Trade Zone...

Hello friends, Wish to convey a highly Healthy And Wealthy 2011 to everyone. Although Moving Average Crossing is quite popular and many experts in this respectable forum have shared their strategies and their experiences, I wanted to share with you the MA-X strategy with MACD that I use in my...