Date: 12.September.2011
India Time - 20:45
Dear Friends,
Below are MCX CRUDEOIL levels for 13.September.2011
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MCX - CRUDEOIL TURNING POINT (TP) = 4019
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.
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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…
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Best Regards,
SKFC Mumbai
Profit by choice not chance