Free Currency USDINR Tips - RUPEE DESK: FREE CURRENCY TIPS 5TH SESSION CALLS : 15.02.2013

Friday, 15 February 2013

FREE CURRENCY TIPS 5TH SESSION CALLS : 15.02.2013

Buy USDINR SA 54.2525 SL 54.1825 Target 54.3300 / 54.3700
Short USDINR SB 54.1825 SL 54.2525 Target 54.1050 / 54.0650
---------------------------------------------------------------------------------------
Buy EURINR SA 72.3525 SL 72.2500 Target 72.4500 / 72.4900
Short EURINR Sb 72.2375 SL 72.3400 Target 72.1400 / 72.1000
---------------------------------------------------------------------------------------
Buy GBPINR SA 84.0675 SL 83.9000 Target 84.1650 / 84.2050
Short GBPINR SB 83.8625 SL 84.0300 Target 83.7650 / 83.7250
---------------------------------------------------------------------------------------
Buy JPYINR SA 58.6625 SL 58.5250 Target 58.7600 / 58.8000
Short JPYINR SB 58.5000 SL 58.6375 Target 58.4025 / 58.3625
---------------------------------------------------------------------------------------

1. All 'Intraday' recommendations are for intra-day trading only - Do not carry the positions overnight.

2. When the trigger condition is fulfilled, wait for 3 minutes, confirm that the trigger condition continues to be fulfilled and then take the suggested action. Do not fear that you will lose the best entry price - more often than not, you will get the price again at the advised entry price.

However, you should not enter the trade if
a) In the 3 minutes, the price has already gone near the 1st target (or)
b) the scrip price is too wide apart from the suggested entry price

For 'SELL AT HIGHER LEVEL', 'BUY AT LOWER LEVEL' type of recommendations, when the trigger condition is fulfilled, take the advised action without waiting for 3 minutes.

3. When the stock price is around the 1st target. square off 50% of your position.

4. When the scrip price is around the 2nd target, square off the remaining 50% quantity; however, if the scrip price does not get near the 2nd target throughout the day, square off at 4.30pm.

5. When the scrip price breaks the stoploss level, exit whatever quantity you have, without waiting further. "ALWAYS KEEP STRICT STOPLOSS TO AVOID HUGE LOSS"

6. Since the number of recommendations is small and manageable, trade all the recommendations instead of just one or two. This way, even if one or two scrips hit the stoploss, it is most likely that the profits from the other successful trades will more than offset the losses from the stopped out trades.

Free Currency USDINR Tips - RUPEE DESK

Free Currency Tips

Friday, 15 February 2013

FREE CURRENCY TIPS 5TH SESSION CALLS : 15.02.2013

Exchange

Free FOREX india Currency Tips

IMPORTANT LINKS

b2b

Forex tips

Anayltics