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thanks xoiper for the reco any particular reason for the trade? based on what technicals?... whats the s/l?

Hi All Need inputs on trading intraday in Eur/usd. what do u feel are the best indicators. Any trade recommendation is also welcome. Thanks

good work alex

its a simple algebra solution... x= th eqn x/2... i have written so subtracting second equation from first u get x-x/2 on the LHS and the other side as per the diff of the equations.

thnx for the doc. i haven't traded in ndfs as such... am into the domestic market only. but there are players which have presence in both and lock arbitrage. normally these are 10/20 paise arbitrage only (max 0.5%)... but when there is serious liquidity problems in the system (usd...

arbitrage isnt a new thing here... there are regular arbitrage trades between onshore markets and offshore ndfs... all depends on limits

For someone who can borrow USD overseas and invest in India: USD o/n rates traded at a high of 56% today!!! This is due to USD shortage in the domestic market here.

the equation is sum(2k/2^k) where k is 1 to inf. let the equation be x which is 2/2+4/2^2+6/2^3... or 1+2/2+3/2^2+4/2^3... now x/2= 1/2+2/2^2+3/2^3+... x-x/2= 1+1/2+1/2^2+1/2^3+... the RHS is a geometric series whose sum is 2 hence x/2=2 and x=4, which is the answer.

goin by ur equation too the answer should be 4 and not 2