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InvestSystemic
Oct 9, 2022 8:19 AM

NSE Forex Trading: GBPINR Vs EURINR 

BRITISH POUND / INDIAN RUPEEICE

Description

Quick and safe profitable trading opportunities in currency trading in India via Hedge approach by simultaneous selling one currency pair and buying of another currency pair and vice-versa.

Comment

MH Indicator is based on the Market Hedge Model (MH Model) that can capture the movements arising from the inefficient pricing of the assets that are cointegrated over varying time frame. Further, the MH Model considers the well-established financial principles of mean reversal under normality and quantifies the error correction mechanism ( ECM ) in cointegration relationship across all segments of Financial Market including Stocks, Indices, Forex, Commodity, Cryptos etc. This can be most effective in pairs trading.

The Hedge Value generated by the MH Model is developed by the in-house research team of a family of well-established Professionals from the field of Financial Markets, Science, Engineering and IT Applications at Invest Systemic.

The MH Model indicators suggests over bought and over sold conditions of the market. The Hedge Value ranges from POSITIVE (over bought, if above 17.50) to NEGATIVE (over sold, if below -17.50).

Comment

MH Indicator suggest:
Buy in GBPINR (Dec 22 Future) @ 97.3275; and Sell in EURINR (Dec 22 Future) @ 84.6425

Comment

Close the above position
GBPINR @ 97.8475 and EURINR @ 84.7725, with a net profit of INR 3900 on 10 lots of each (Approx. ROI=5%)

Comment

MH Indicator suggest:
Selling in GBPINR (Dec 22 Future) @ 99.0225; and Buying in EURINR (Dec 22 Future) @ 85.4975

Comment

Close the above position
GBPINR @ 101.0525 and EURINR @ 88.1325, with a net profit of INR 6100 on 10 lots of each (Approx. ROI=8.7%)
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