Date: 19.August.2011
India Time - 00:15
Dear Friends,
Below are MCX CRUDEOIL levels for 19.August.2011
MCX - CRUDEOIL TURNING POINT (TP) = 3778
The strategy with TURNING POINT (TP) is as follows -
Example -- If CRUDEOIL TP = 4386, then
Long at 4386 + 4 = 4390
Short at 4386 - 4 = 4382
Once a position is taken (min. 2 lots of MCX CRUDEOIL Future or multiples thereof),
keep booking profits at regular intervals of every 40 points gain.
Roll over position on expiry.
______________________________________________________________
Disclaimer -
Readers of this post must take the contents only as a learning experience
Remember, you are on your own. You must trade at your own risk,
consequence & responsibility
____________________________________________________________
Best Regards,
SKFC Mumbai
Profit by choice not chance
India Time - 00:15
Dear Friends,
Below are MCX CRUDEOIL levels for 19.August.2011
MCX - CRUDEOIL TURNING POINT (TP) = 3778
The strategy with TURNING POINT (TP) is as follows -
Example -- If CRUDEOIL TP = 4386, then
Long at 4386 + 4 = 4390
Short at 4386 - 4 = 4382
Once a position is taken (min. 2 lots of MCX CRUDEOIL Future or multiples thereof),
keep booking profits at regular intervals of every 40 points gain.
Roll over position on expiry.
______________________________________________________________
Disclaimer -
Readers of this post must take the contents only as a learning experience
Remember, you are on your own. You must trade at your own risk,
consequence & responsibility
____________________________________________________________
Best Regards,
SKFC Mumbai
Profit by choice not chance