Indicator for usd/inr trading

chinmay555 2013.03.01 09:30

Respected all

from last 3/4 months i am trading with usd/inr , anybody know which indicator or trading stratagy is helpful

regards

chinmay

Shawn Michal 2013.03.02 08:27 #1

I think Indicator, a trend-following tool, a trend-confirmation tool, an overbought/oversold tool and a profit-taking tool are helpful. By learning a variety of forex indicators, you can determine suitable strategies for choosing profitable times to back a given currency pair.

How can you determine how to identify trend A conversation with artificial

jb1981 2013.03.03 08:11 #2

Moving averages are known to work best across most of the markets so you could start with that. By the way, which broker allows you to trade USDINR? Curious to know. I trade using Wolfe Waves and could possibly check to see how this pair is doing. Let me know if interested, I'll download the broker's MT4 and give it a go.

Please help with a Who trades on levels how to download mt4

chinmay555 2013.03.04 09:39 #3

Respected sir.

thanks for reply

i am interested in wolf wave, but i want to trade with 5 /15 min time frame with buy sell can u tell me which stratgy can i use USD/INR pair

my e mail id---chinmaychukare555 at the rate gmail.com

pls understand my english is poor.

Warm Regards

chinmay

Elite indicators :) How to get open 10points 3.mq4

jb1981 2013.03.04 09:45 #4

Well, I can tell you this. 55.176 is a strong resistance. Right now all indicators point to a drop in the INR. If I were to trade, the first target price would be 54.783, followed by 54.539. Or you could wait until 54.783 is breached and then place a SELL Limit few pips below this with take profit at 54.539. Your stop loss would be 54.9.

Hope this helps.

P.S: This isn't a M5 or M15 strategy, but is on the H4 charts. So you might have to keep the trade open for 2 - 3 days.

Millionaire State Of Mind Floating spread or fixed Scripts: Trader Script 1

chinmay555 2013.03.05 07:15 #5

jb1981:
moving averages are known to work best across most of the markets so you could start with that. By the way, which broker allows you to trade usdinr? Curious to know. I trade using wolfe waves and could possibly check to see how this pair is doing. Let me know if interested, i'll download the broker's mt4 and give it a go.

RESPECTED SIR,

BLOG IS VERY NICE...

where can i get wolfwave indicator ?

Or how can u download broker's mt4 ?

Warm regards

chinamy

New comment