Hi guys,

I've been looking at this site and have gone through almost all of the Trading Strategies. I'm just new to Forex markets and previously dealt

with the Traditional Equtiy Market for a long time. Currently, I'm working on CFD (Contract for Difference) market where I buy and sell thefollowing:

1. Stock Indices (ASX in morning, FTSE and DAX in evening and DJIA during late night hours)
2. Commodities (mainly Gold, Crude and Silver)
3. Forex (Just started to look at Forex Trading, thanks to your site)

I've a trading system which I've used for a long time. Of course, like any trading strategy, its not the best system in world and has its

shortcomings. The major shortcoming I've seen is the fake (and perhaps too many) signals generated when the market is trading sideways.

If anyone has ideas on how to improve the strategy then it will be most welcome.

Here goes the strategy:

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THOSE 4 INDICATORS:
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Timeframe: 15 mins, 30 mins, 1 hour or 4 hours

Indicators:
1. CCI (Commodity Channel Index) with default setting of 14
2. Stochastic with default setting of 14, 2
3. Directional Movement Index with default setting of 14
4. MACD with 8 and 40 as MA and 8 as Signal lineGO LONG WHEN:
1. (CCI >= 0) AND
2. (Stochastic >= 50) AND
3. (MACD >= 0 OR DI >=0)

GO SHORT WHEN:
1. (CCI <= 0) AND
2. (Stochastic <= 50) AND
3. (MACD <= 0 OR DI <=0)

The Strategy has worked very well (for years) with Equities with high Volume (NASDAQ and FTSE being my favourite) and it has given amazingly

accurate signals on Stock Indices. I've posted two different examples to look at. First one is this morning's (27th May) ASX (Australian

ndex) session. The other one is USDCHF Pair from 26thMay. You'll also see three Moving Averages on chart which I plot as a visual help,

these are EMA5, 20 and 100.

Important Points:
1. Note that I'm based in Australia that is why I said I trade on Wall street when its late night here in Brisbane
2. Also note that in the screenshot example (ASX Index) every single Point has a value of 25 AUD (to give you some idea on Profit or ROI) 3. In this particular example
(ASX Index), the Spread is 2 points for Long Positions and 3 points for Short Positions
4. I'm sure, this question will come up so I thought to answer it in advance. There is no Stop Loss method used as such, its just that Ifollow the Signals quite religiously
and exit the trade as soon as the Signal has changed from Long to Short or the other way round5. PSAR Indicator can be used (as you can see in chart) as an
additional confirmation

Cheers and happy trading,

Nariman Ghanghro