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TraderRavi

low risk profile
EW Theory...

next target is around 4375..........this target is based on the assumption ...nifty is in wave 3 currently....so 100% fib comes around 4375...if it really goes to this target in coming days then 127% comes @ 4175 and 161% @ 3900......but thats far away ...lets see how it pans out........, wave 3 are very fast and furious generally....:confused:
looks like gap down today ...hangsang 300 points in red...........:)
 
Chataara dear,

this information is really valuable, but I need some more Will u explain please :

What currencies can be traded in India ?

How much margian is required for trading 1 lot ?

Is currency trading available 24*7 ?

Can you trade currency with same a/c or u need to open a seprate a/c ?

Thanks in advance.
Friends

Usually 4 pairs are traded in india. USDINR, GBPINR, EURINR, JPYINR are these pairs. In india trade time is from 9.00 to 5.00 p.m

For Dollar approximately 2 to 3 % of the total amount is required as margin.
For Others 4 - 6 % margin.

You can link currency account with the previous account. JPYINR (japan yen vs rupee) lot size is 1 lakh yens.

Thanks
 

TraderRavi

low risk profile
this series ..I am off color ....only 3 trades so far ......lost heavily in first 2 trades...tried positional in all 3 trades......Irony is was in big profit in 2nd trade too ..did not take it ..lost all.......I am a scalper , intraday player ...positional not my cup of tea....profit le liya hota to accha hota.....:eek:...

lesson ...strictly intraday.........:cool:
 
this series ..I am off color ....only 3 trades so far ......lost heavily in first 2 trades...tried positional in all 3 trades......Irony is was in big profit in 2nd trade too ..did not take it ..lost all.......I am a scalper , intraday player ...positional not my cup of tea....profit le liya hota to accha hota.....:eek:...

lesson ...strictly intraday.........:cool:

have u started currency also..??
 

TraderRavi

low risk profile
EW Theory...

next target is around 4375..........this target is based on the assumption ...nifty is in wave 3 currently....so 100% fib comes around 4375...if it really goes to this target in coming days then 127% comes @ 4175 and 161% @ 3900......but thats far away ...lets see how it pans out........, wave 3 are very fast and furious generally....:confused:
4530 hit..................:clap:
 
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