Usdinr trade strategy


#1

what will be your strategy to trade usdinr for the upcoming rbi policy?


#2

THey’ll withhold the rates and changes stance to neutral. Not much will change in my opinion. If IV’s are Juicy i’ll sell CE’s. (Please keep an eye on trump tweets too)


#3

today dollar rallied , I don’t understand why such a move in dollar today? is this because of brent or market has factored a .25% cut


#4

Probably Market participants are sensing that RBI will reduce the interest rate or at least keep it as it was , so in my opinion USD will rally ,( chart indicators are also indicating that ) so i was long on USDINR 2019 FEB72CE from day before yesterday , and i will book the profit tomorrow.


#5

what chart indicators do you use for usdinr?


#6

Moving averages and MACD and chart patterns