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Another technique to look at the downward trend determine is within the form of major (major pattern) and secondary (minor correction) wave, as shown within the diagram beneath. If the market pattern is upwards, we have to be cautious on taking brief position (towards the general market development) on some minor correction out there. To know price action, it's essential to know how the safety or market behaved previously. Lot sizes differ broker to broker - standard lot, mini lot, micro lot or even nano heaps. Generally, brokers provide the choice to purchase in multiple lot sizes as per your client requirement or convenience. Conversely, an option to sell USD for INR is a USD put and an INR call.
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