pratik2358
Short

usdinr support resistance

OANDA:USDINR   U.S. Dollar / Indian Rupee
crudeoil important factor for india and is going in the country's side will appreciate Indian currency and a lottt more !
Nov 28
Comment: whats next ? 70.85 hurdle below this if stays weekly then 69

if cross n sustains above then 71.78
Nov 28
Comment: follow the level of 70.802 // 70.85 .. with same sl on either side one can inititate trade now , it depend on trading skill what to be done , \ its better to create A STRANGLe WITH strikes 69.5 PE and 71.5 ce and run for expiry RISK REWARD 1::7 to 1 ::10
Nov 28
Comment: here with strangle i mean LONG strangle ( i dont go short sell in options )
STRANGLE is an option strategy where things are not sure which side tide will turn , but in either side move will be good
Nov 29
Comment: going well
Nov 29
Comment: seems oversold will bounce back very soon to 71 . 5
Dec 02
Comment: 68.34//68.5 best long entry zones
Dec 03
Comment: read the comment on 29 november !!!!!!!!!!
Dec 10
Comment: i thought to make a strangle and even suggested personal favourite strikes here !!!!!!!
Hi, this is nice observation. any new update for USDINR
+1 Reply
pratik2358 Jahir_Jack
@Jahir_Jack, just updated sir , follow the level of 70.802 // 70.85 .. with same sl on either side one can inititate trade now , it depend on trading skill what to be done ,
\



its better to create A STRANGLe WITH strikes 69.5 PE and 71.5 ce and run for expiry RISK REWARD 1::7 to 1 ::10
+2 Reply
Jahir_Jack pratik2358
@pratik2358, Nice! Thanks for the update.
Reply
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