Rajandran R Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)

USDINR Long Term and Short Term : July Month Overview

18 sec read

USDINR Weekly Spot Charts
USDINR Long Term Update

[wp_ad_camp_5]

 
USDINR on the daily charts very recently turned to long term buy mode since 16th June 2014. Currently the EOD support comes near to 59.06. USDINR will turn to long term sell mode if the support levels breaks on the weekly charts.

USDINR MCX-SX July Futures Hourly Charts
USDINR Short term Update

USDINR July Futures on the hourly charts is in positional buy mode and currently the hourly support zone comes near 60.06. Reverse your position to shorts if the support zone breaks on the hourly charts.

Rajandran R Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)

USDJPY – Made a Top Formation

Finally, the USDJPY strengthening came to an end from a short-term perspective. Last Friday USJPY rallied to 151.94 levels surging past the August 1990 high...
Rajandran R
33 sec read

Dollar Index Made a Top Formation

Finally, the dollar strengthening came to an end from a short term perspective. The dollar index tracks the relative value of the U.S. dollar...
Rajandran R
32 sec read

Public Caution: RBI Issues Alert List on Overseas Forex/CFD…

Very recently Reserve Bank of India cautioned investors/traders/public not to undertake forex trading on unauthorised platforms and also provided an Alert List. The Alert...
Rajandran R
1 min read

Leave a Reply

Get Notifications, Alerts on Market Updates, Trading Tools, Automation & More