University of Trading- BEAT THE BROKER

Hello everyone and welcome to the University of Trading- beat the broker thread. My name is Hemal Pandya, a full-time trader based in the south of Spain.

A bit about me, I graduated in Finance & Law from Bournemouth University and have been trading for around two years. My background is retail, project management and financial consultations.

I trade FX and commodities, although I follow the majors, I specialise in GBPUSD, EURUSD and Gold. I started out by following 15+ charts, but found that I missed many entry signals and was chasing trades. By concentrating on just a few pairs and using crude as an important indicator itself, my results have significantly improved. My first target is 1000 points per month, anything else is a bonus! I use the metatrader platform as I have found this to very flexible for new indicators.

My strategy:
I use a combination of Moving Averages, the key being that it’s setup to show all various time frames on the one chart. The CCI, a momentum indicator shows the immediate, medium and longer term trend. I’ll post settings below, or I can email the template to you which you can just load. My email is hemal_pandya@hotmail.co.uk

Indicators:
1 min chart:
MAs- 5,20, 100, 300 & 1200
CCI- 21,105 & 315

5min: 4, 60, 240, 600, 960
CCI- 63, 252 & 4

15 min:
MAs: 800, 320, 200, 80 20 & 7
CCI: 21, 84 & 7

1hr:
MAs- 480, 200, 80, 50, 20 & 5
CCI- 21, 84 & 5

4hr:
MAs- 5, 20, 50, 120 & 1500
CCI- 5, 21, & 126

Daily:
MAs 50, 99, 250, 20
CCI- 21, 106, 4

Weekly-
MAs: 5,20, 50, 80, 200 & 321
CCI:21, 84 & 4

If you have any problems setting it up, feel free to PM, skype or email me at hemal_pandya@hotmail.co.uk

Best Regards,

Hemal

Leave a Reply

Finance Blogs - BlogCatalog Blog Directory