This product is suitable for traders who believe in creating opportunities every day and are looking to avoid overnight carrying risk and cost.
This product is about intraday trading in Currency pairs where all the trades recommended would be closed before the end of the trading session by 4:45pm.
Trades would be given in 4 Currency pairs such as USDINR, GBPINR, EURINR and JPYINR. The trades could be either Long or Short. Long trades are where we buy first and sell at higher price, here we believe prices to rise and short trades are where we sell first and then buy at a lower price, here we believe prices to drop.
The Trades would be generated from in-depth Technical analysis of the price, trend-structure, support-resistances and the degree of momentum.
Risk:Reward is another major criteria which is taken into consideration and we strive to make traders comfortable and at ease by providing low risk high reward trade. The risk:reward for this product shall be 1:1 for first target and 1:2 for second target. Bifurcating it further: In GBPINR 1st target would be minimum 15 Paisa, In USDINR 1st target would be 15Paisa, 15 Paisa in EURINR and 15 Paisa as first Target in JPYINR.
With respect to number of open trading positions, at any point of time we shall have a maximum of 2 open positions. And therefore the ideal Margin required to participate in this product shall be Rs 30,000. Traders can take trades in multiple lots based on the their capital size but for reference calculation purpose we shall show Profit and Loss based on ten lot of trade for each currency pair.
- What is Agile Ideas?
This is a purely intraday product, All the Recommendation Closed on or Before 4.45 PM.
- Which are the technical parameters used to Select Currency?
We look for the suitable risk-reward criteria, check classical technical analysis, Dow theory, MACD, RSI and other technical aspects.
- What are the maximum numbers of open trade?
The maximum numbers of open trade are 2.
- What is Risk-Reward criteria?
The Reward per Recommendations are as follow.
- What is Margin Requirement?
Margin requirement for the product is Thirty Thousand.
- Is it necessary to trade in all recommendations?
Yes to match with our P&L one has to trade in all recommendations.
- How are Profit and loss calculated?
Profit and loss are calculated on 10 lots per recommendation basis.