Trading in India

i love tradings

I am Indian Citizen but in the US. Working on H1B visa.

Can anybody tell me if I can do Forex trading on my H1B visa

Thanks

Not sure!!

Sir,

I am interested in learning ur trading system

give me the details to my email [email protected]

Kindly provide ur mobile no.

I will call u

Regards,

Vasudevan

HI,
I am also From INDIA , New Delhi !

Is there any other guy here , who resides in New Delhi ?

hi forexlion.
i really appreciate the help u been to us especially us newbies.thanx again.my question is.is there away u can program the bull+shit to display a horizontal line immediately a signal is made indicating whether is short or long.this will be much help to avoid entering the trade late.

Ok after u confirm what look to be a mind boglling indi plz do share with us.

I have been there...so many Times...

My Dad Home Town...



Okay tell me what you are looking for.. even tho I have a Trading AC in Belong to most indian stock Those Listed in Snifty .. Singapore..


here http://forexforums.dailyfx.com/elliott-wave/24204-elliott-wave-trading-discussion-1263.html#post352452 most of the time you can see my Result and Charting in this room



Regards Vincy balboa

where is the Secret My Good Man!!!

Hi guys

few questions for thread owner or anyone who is trading from india:
if i can transfer funds to my broker from any indian bank?
is there any limit on that?
if it is legal?
any good broker?

sorry for shooting so many questions but it would help me a great deal.

regards

why has this tread lost steam... come on guys.. keep it coming

forexlion another great thread

Hi,

Most of the information you asked is available in post#23, 46, 66 & 275.
Better you read the entire thread and then you make your own decision, if you are a resident Indian wishing to trade forex.

is there any limit to bring money from pay pal to our bank account in INDIA.do RBI keep check on such transactions if they are done frequently?

The limit for the paypal transaction is 500$ and this can be got in just 3 days.And i dont know about the RBI issue in this,
Best regards

Hi forexlion

your anchorfx.mq4 (http://cdn.forexfactory.com/attachment.php?attachmentid=150392&d=1222112657) which one should i use your last sep23 version or march version? I am little bit confused? what is the difference between the two versions?

What do you mean forexlion edits predictions? Are you serious?

PART A :
Q.1. What is the Liberalised Remittance Scheme of USD 200,000?
Ans. Under the Liberalised Remittance Scheme, all resident individuals, including minors, are allowed to freely remit up to USD 200,000 per financial year (April – March) for any permissible current or capital account transaction or a combination of both.
Q.2. Please provide an illustrative list of capital account transactions permitted under the scheme.
Ans.. Under the Scheme, resident individuals can acquire and hold immovable property or shares or debt instruments or any other assets outside India, without prior approval of the Reserve Bank. Individuals can also open, maintain and hold foreign currency accounts with banks outside India for carrying out transactions permitted under the Scheme.
Q. 3. What are the prohibited items under the Scheme?
Ans. The remittance facility under the Scheme is not available for the following:
i) Remittance for any purpose specifically prohibited under Schedule-I (like purchase of lottery tickets/sweep stakes, proscribed magazines, etc.) or any item restricted under Schedule II of Foreign Exchange Management (Current Account Transactions) Rules, 2000;
ii) Remittance from India for margins or margin calls to overseas exchanges / overseas counterparty;
iii) Remittances for purchase of FCCBs issued by Indian companies in the overseas secondary market;
iv) Remittance for trading in foreign exchange abroad;
v) Remittance by a resident individual for setting up a company abroad;
vi) Remittances directly or indirectly to Bhutan, Nepal, Mauritius and Pakistan;
vii) Remittances directly or indirectly to countries identified by the Financial Action Task Force (FATF) as “non co-operative countries and territories”, from time to time; and
viii) Remittances directly or indirectly to those individuals and entities identified as posing significant risk of committing acts of terrorism as advised separately by the Reserve Bank to the banks.

Hello Friends. I just wanted to fetch attention of you all fellow Forex Traders towards the recent Forex Advisory released by the RBI. RBI Advisory on Overseas Forex Trading through Electronic / Internet Trading Portals can be found on the following link http://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=23941

According to this advisory remittance in any form towards overseas foreign exchange trading through electronic/internet trading portals is not permitted under the Foreign Exchange Management Act (FEMA), 1999. Thus, trading forex with overseas brokers is altogether illegal. I am also attaching PDF file of the said notification for the purpose of perusal. This is really a disappointing news for all the Forex Traders in INDIA.

the fools running the country are self proclaimed saviours of common/average citizens of india and they dont trust them with their money. this they think will make indians less gullible for frauds. (so that they become more gullible to cricket betting run from yachts off shore, or nigerian spams or hawala king hasan ali let off on bail)
I dont know when they'd grow perhaps when some indian traders take them to an educational visit purported to learn trading by seeing waves produced by belly dancers.

i m in guys..

still learning..