Diary of a day trader - Part 2

soft_trader

Well-Known Member
Breaking news: The Fed’s policy statement is out, there is no mention of tapering, but it does mention an improvement in economy.

Markets’ reaction: The Dollar index has zoomed up like a space shuttle, the equity index are dropping down fast. Dow Jones is down by more than -50 points.

GOLD is also lower after Fed statement.
 
I am done for the day.

Traded in USD INR. Got a good profit. But exited too early.
Soft, today there is some bond auction by the GOI for FIIs. So there is likely to be more sharp movements in the rupee. For now it has made a high of 59.93 (futures 60.07).
 

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