Looking for shortNZDUSD is expecting to reach to the downside after having a reversal formation & has a clear movement to the downside.
USD (US Dollar)
Movement to the downside EURUSD is forming a movement to the downside after forming reversal. Currently formed correction on 4h timeframe.
ETHUSD at Critical LevelETHUSD Which is showing a great opportunity ETHUSD is at make it or break it Level. what is your view please comment it down. We are NISM Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
Wedge top - Al though a wedge top has formed on USDINR.
Reserve Bank of India may be a villian and stop Indian rupee from appreciating. i.e. stop USDINR falling too far.
Looking for shortEURUSD is looking for short opportunity after forming correction for a movement to the downside.
USDZARIndeed, forex is a game of patience. I will confident to start buying lower, if USDZAR drops lower we are getting inn. All the best, use proper risk management. Lets Download Success
Looking for shortEURUSD is looking for short after forming ascending channel for a movement to the downside.
Gold breakout and followed history pattern.As we have talked in past post
#DXY is high and after CPI result it has break up side.
same for #USDINR #US10Y
Till it has chance to more fall and here i have added some supports in this post.
you can find your levels and analysis then take trades.
More to indian market has looks fall to come soon as it making pattern like that but all game of news and data which can changed anytime.
Best of luck. Have a great day.
USDCAD ShortFOREXCOM:USDCAD
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading
Hustle hard
Markets can be Unpredictable, research before trading.
Disclaimer: This trade idea is based on Smart money concept and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions. Informational only!!!!
Understanding Impact of Bond Yield Differential on EquitiesOver the past decade the interest rate differential between US and India has been constantly going down. This has largely been due to stronger fiscal position of India and also gradual weakening of US Public Finances.
This has led to the Rupee becoming more stable against the Greenback, thereby reducing the rate of inflation in India.
Further, this has resulted in rising of equity markets over the last decade, and more importantly, the same setup is likely to stay or become better over the next two decades.
Hence long term retail investors in India can benefit from this by placing algo based orders to buy Index ETFs on dips and reduce their cost of buying and stay invested over the long term thereby getting benefit of power of compounding.
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Trading View Script:
India Outlook 2024: Optimistic is an understatement!All factors seem to be falling in place for Indian Economy. And that will likely translate into huge gains for Indian currency, bonds and equities. This update speaks about the signals visible at the beginning of 2024.
USDINR Weekly Short StrangleStrategy Details:
Short Strangle: Sell an OTM call and an OTM put.
Weekly Duration: Initiating the trade on Monday and closing it by the expiry date, which is typically the end of the week for weekly options.
Potential Advantages:
Profit from Time Decay: Options lose value over time, which benefits the seller.
Range-bound Market: If USD/INR stays within the ±0.25 rupees range, the options may expire worthless, allowing you to keep the premium.
Risks and Considerations:
Unexpected Volatility: Significant news or economic events could lead to unexpected volatility, potentially leading to substantial losses.
Assignment Risk: There's a risk of assignment on the sold options, especially if the USD/INR price moves significantly.
Margin Requirements: This strategy requires a sufficient margin as it involves unlimited risk if the market moves significantly against your position.
Timing: Squaring off positions before expiry can help avoid last-minute volatility, but it also means you may not capture the full premium.
Risk Management:
Stop Loss: Consider setting a stop loss to limit potential losses.
Regular Monitoring: Keep an eye on market news and economic events that might affect USD/INR volatility.
Position Sizing: Ensure the size of the trade is appropriate for your risk tolerance and account size.
Before You Begin:
Backtesting: Test the strategy using historical data to understand potential outcomes.
Understand the Product: Be fully aware of the specifications and risks of trading USD/INR options.
Broker's Rules: Check with your broker regarding the rules and requirements for trading options and the specific margin requirements for a short strangle.
Conclusion:
While a weekly short strangle on USD/INR can be a profitable strategy in a stable, range-bound market, it's crucial to understand the risks and have mechanisms in place to manage those risks. Ensure you're well-prepared and informed before implementing this strategy, and consider consulting with a financial advisor to ensure it aligns with your overall trading goals and risk tolerance.
Rupee best performer 2023. 2024 looks even better.Rupee stayed almost flat against the $ in 2023, depreciating 2% whereas other EM currencies depreciated more than 4%.
Equities soared in 2023 and if things go as they are appearing, then 2024 promises to be even better. There is lot of hop and optimism in the air already about Indian economy and that will most likely translate into higher returns for Indian equity investors.
If you are not in India - You are missing the biggest global party!
Looking for Long!USDCAD is looking for long after forming descending channel expecting target to reach 1.35200
Fed stays pat. Equities soar. India's Goldilocks periodIndia has managed to keep its public finance in control and focus on capex led growth. That has ensured that India managed to stay afloat during the storm and now that the storm has subsided, India is on its way to race at higher knots.
This video is an update on the latest global macro developments
India Q2 FY24 GVA/ GDP Data Analysis India's FY24 Q2 GVA/ GDP Data has just been published and it is higher than estimates.
This video analyses the data and in an update to the earlier idea of impact of bond yields on equities.
If there is a global party on...India's gonna lead!As the US Inflation numbers came soft, all doubts about Fed hiking rates in December were gone. That led to all currencies strengthening against the $. US Yields colled off, Dollar Index came down and US Equities soared.
Indian markets also joined the party. The Rupee made strong gains making new multi week highs. G Sec Yields came off highs and Sensex and Nifty just took off to the skies.
As global uncertainity eases, India stands to benefit the most over the next few decades when we rise up the ranks as a global economic superpower.
Rupee makes new low against $. Implications for Indian equitiesRupee made a new low against the greenback on Fri 10 Nov 2023.
Falling Rupee means higher inflation, higher yields, lower liquidity and hence capping of equities.
This is what i discuss in this update
USDINR: Symmetric Pattern Formation Could Precede a Breakout
USDINR is currently forming a symmetrical pattern, which is a consolidation pattern that can precede a breakout in either direction. Swing traders should wait for a clear breakout before taking a position.
Trade with Symmetrical Patterns: A Simplified Guide
Symmetrical triangles signal potential trend pauses or consolidations. Breakouts from these patterns often lead to strong directional moves.
Key Steps:
Identify the triangle: Connect lower highs and higher lows with trendlines.
Determine breakout direction: Analyze the preceding trend.
Place entry orders: Buy above upper trendline for uptrend breakouts, sell below lower trendline for downtrend breakouts.
Set stop-loss orders: Protect profits outside the triangle's boundaries.
Establish profit targets: Base targets on the triangle's height.
Remember:
False breakouts can occur.
Use risk management to protect capital.
Combine triangles with other indicators for a comprehensive approach.
USDINR Price Fluctuations: Key News Events to Watch
USDINR, the currency pair representing the Indian rupee against the US dollar, is highly susceptible to various news events and economic indicators. Here are some key news events to watch:
Global Economic Events: US Federal Reserve monetary policy, US economic data, and global economic conditions.
India-Specific News: RBI monetary policy, Indian economic data, and Indian government policies.
Geopolitical Events: Political instability and regional events.
Happy trading!
Disclaimer :
This is merely a trading idea and not a financial recommendation. It is crucial to conduct your own research and consider your investment goals and risk tolerance before making any trading decisions.
Good News Just Doesn't Stop Coming Out of IndiaOver the past few days, there has been a steady fall in Indian yields, largely due to fall in US yields and falling crude oil prices. The rupee has been stable for over a year now; it is this kind of predictability in the economyu that makes India an attractive investment destination vis-a-vis its peers.
As we approach Mahurat Trading, we are crucial resistance levels but the fundamentals and technicals appear to be building up for a rally.
No one can pre empt the markets, hence the indicator script linked below is useful. Whenever the current candle makes a lower low than the previous candle, it gets trigerred and buys. That way we keep buying on lows and pulling the average cost down.
Smiplified Bank Nifty Analysis! - 7th Nov'23Looks Bulls are entering which kept market floating for past 2 days might get good movement by tomorrow or expiry, if open without gaps or open in previous days range.
- As per trend analysis bulls making lower highs as support may hit 43800
- Bullish move above 43800 , Resistance at 43970
- 43600 may act as support & resistance both.
- 43400 support on down side
Note - do your own analysis before making any trade or investment!
