(MCX Comedy..Errr. Commodity) - How to Fake your Trade

[NJ78]

Wti has bounced now from the lows where mcx was trading (at the lows). Disgusting.

4688 is a key support for crude. LTP on my chart is frozen at 4696. It takes a long time for MCX to come back online or even intimate what's going on. It's like a govt office. Whatever happened to risk mitigation & backup servers... and they want to extend timings for NSE.

 

[Aman1]

Idiots spoilt our hard work. will SEBI listen to our prayers? Mazburi ka naam kya hai bhai?

 

[Aman1]

@mcx
" MCX has experienced technical snag @ 8.10pm. Members can cancel pending order from 1015pm to 10:30 pm. trading will resume @ 10:31pm"

 

[Tuna]

Chalo koi nahi - another lesson on risk management, be ready for everything


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[NJ78]

@mcx
" MCX has experienced technical snag @ 8.10pm. Members can cancel pending order from 1015pm to 10:30 pm. trading will resume @ 10:31pm"

Given the frequency & length of these MCX glitches, maybe it's time to start exploring crude oil options to hedge our existing positions against adverse movements. A lot can happen during these 2+ hour outages specially because the US session is active while MCX is asleep at the wheel.

 

[Tuna]

4744 as per my system - if not reclaimed by EoD, at least 100 point downside possible, but if claim back, all good. Trump Chachu Meeting Putin - market expecting lower tension - bad for crude.

100 done !

 

[stock_mani]

Immediate upside will be fake one until few days consolidation, so avoiding it completely. It is in chop zone now.
More downside is ahead if breaks 4780.

Apna short on hai from 4775...

 

[Apacheindian]

Ab tak to System sahi chal reli hain..!


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[rpsvinod]

Ab tak to System sahi chal reli hain..!


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Hello, is this core system of Tuna ji? Or tweaked one., If time permits, elaborate about this set up, SAR only known on this chart.

 

[Tuna]

Hello, is this core system of Tuna ji? Or tweaked one., If time permits, elaborate about this set up, SAR only known on this chart.

That is not my system. Apache made that one. Mine is somewhat similar.

Explaination of my system:

1. When Uday Bhai comes go long
2. When Majnu Bhai comes go short
3. When Crime master Gogo is there - go away