This product is suitable for positional traders, hedger (like business man, IT companies) who wants to hedge their currency risk or the one who would like to take benefit from long and short trade of currency.
This product is about positional trading in currency where all the trades would have time frame of 15 days.
Trades would be given in currency pair such as USD/EUR, USD/JPY and USD/GBP, etc. The trades could be one Long and one 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, correlation and “p” value.
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.
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 1 lakh. Traders can take trades in multiple lots based on their capital size but for reference calculation purpose we shall show Profit and Loss based on ten lot of trade.
- What is Alpha Pair?
This is a product in which recommends one Long currency future and short other currency future for the time horizon of 15 days.
- Which are the technical parameters used to Select Currency?
We looks for the suitable risk-reward criteria, correlation between the Currencies with hedging objective.
- What are the maximum numbers of open trade?
The maximum number of open trade are 2.
- What are Risk-Reward criteria?
Risk –Reward for Alpha Pair is 1:1 for 1st Target and 1:2 for 2nd Target.
- What is Margin Requirement?
Margin requirement for the product is 1 lakh.
- 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 ten(one) lots per trade basis.