Need help with USD/INR pair (Indian Forex)

[wahidkhan777]

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 !

[sgsgsg]

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.

[wahidkhan777]

Thanks for the valuable opinion. But I really need a consistent strategy or system to trade INR pairs.

[aenigma]

Avoid INR Pairs ... its Quite Errant in its Moves.. Guided too much by Strong Hands / Vested interests

[sgsgsg]

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...

[aenigma]

Agreed ! But there is enough Volatility / Movement / Number of Traders trading in those Vehicals .... for Traders to make Gain from !