Forex/Currency trading
( How to start trading in currency?- USD/INR )

What time-frame should I choose?
What are the indicators one should use to make a view of currency?

A- Forex Heat map

• If all currencies are falling w.r.t. dollar and our currency is also falling then we can assume signal is strong and take bet in that direction or if our currency is behaving otherwise than we can sit out of the market.

B- Dollar index

• Increasing dollar index value with increasing usdinr value then we can enter position in the same direction based on price-action.

C- Technical indicator

• RSI (above/below 50)

• Bollinger band(narrow/wide)

• MA(21,50)

D- Time line

• beginner could start with 1 week

• intraday trader could work on 15min or 1 hr chart

E- 10year US bond yield

• difference between us yield of US-India 10 year bond yield is going up or down

Now let us show you some example in the following slides that how we used these above indicators to create a view.

Advance Step:

• Create equity strategy based on currency and commodity movement and prediction [which sometimes act as a forward signal]

F&Q

1. How