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    • forexlion replied Mar 23, 2008

      yes this is the end of the rate cut cycle, from here we will see considerable dollar strength over time for the specific reason that the PPI [or PMI, forgot the exact term] at 2.2% is almost equal to the interest rate of 2.25% there was a specific ...

      USD: End of Rate Cut Cycle?
    • forexlion replied Mar 23, 2008

      this link from reserve bank of india, might answer your quest url wow i thought reliance money was an indian broker, guess after the introduction of rupee futures in national stock exchange later this year we might see some regulations coming up ...

      Trading in India
    • forexlion replied Mar 23, 2008

      I will be posting GJ possible trend assumptions and looking forward to trading it wholesomely. Either this chart is totally confusing or i am seeing a trend here If 192.60 recent low holds then we could see a trend move to 203.47 but if 192.47 ...

      Trading in India
    • forexlion replied Mar 23, 2008

      I trade GJ for 100+ pips a day in 1 single trade and my SL is always 30 pips. For me if there is a possibility of SL being hit then it was never a good trade, it has to be accurate or just never bother to open the trade. Sitting on the fence and ...

      What is a reasonable drawdown?
    • forexlion replied Mar 22, 2008

      Forex Facilities for Residents (Individuals) Introduction: The legal framework for administration of foreign exchange transactions in India is provided by the Foreign Exchange Management Act, 1999. Under the Act, freedom has been granted for buying ...

      Trading in India