wahidkhan777 Posted July 21, 2013 Report Share Posted July 21, 2013 Hi Friends, Anyone senior forex trader, Bank trader ready to help me regarding a good consistent strategy for trading USD/INR, EUR/INR pairs. I am from India and I am interested to trade the above pairs. The volatility is not much in those pairs but it is legal for me to trade this in India. I humbly request the forum friends to please help me in this regards or suggest some good profitable indicators, systems or strategy to trade those. Regards ! Quote Link to comment Share on other sites More sharing options...
sgsgsg Posted July 21, 2013 Report Share Posted July 21, 2013 Hi Wahid, The Spread is very high for these pairs. Looking at OANDA swaps , USD/INR short has +ve swap. What ever system you use , 1) trade less frequent on USD/INR short with high take profit. 2) more frequent on USD/INR long with less take profit. Quote Link to comment Share on other sites More sharing options...
wahidkhan777 Posted July 22, 2013 Author Report Share Posted July 22, 2013 Thanks for the valuable opinion. But I really need a consistent strategy or system to trade INR pairs. Quote Link to comment Share on other sites More sharing options...
aenigma Posted July 22, 2013 Report Share Posted July 22, 2013 Avoid INR Pairs ... its Quite Errant in its Moves.. Guided too much by Strong Hands / Vested interests Quote Link to comment Share on other sites More sharing options...
sgsgsg Posted July 24, 2013 Report Share Posted July 24, 2013 Avoid INR Pairs ... its Quite Errant in its Moves.. Guided too much by Strong Hands / Vested interests All The Currencies are manipulated , guided too much by Strong Hands / Vested interests In Fact even all the stock markets are... Quote Link to comment Share on other sites More sharing options...
aenigma Posted July 24, 2013 Report Share Posted July 24, 2013 Agreed ! But there is enough Volatility / Movement / Number of Traders trading in those Vehicals .... for Traders to make Gain from ! Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.