Skfc - mcx crude oil turning point (tp)

P

pankaj30071987

Active Member
#32
#32
bounce back from 4007
SKFC said:
Date: 11.September.2011
India Time - 11:45

Dear Friends,

Below are MCX CRUDEOIL levels for 12.September.2011
_________________________________________________

MCX - CRUDEOIL TURNING POINT (TP) = 4003

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
Click to expand...
 
S

SKFC

Active Member
#33
#33
Date: 12.September.2011
India Time - 20:45

Dear Friends,

Below are MCX CRUDEOIL levels for 13.September.2011
_________________________________________________

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.
__________________________________________________ ____________
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
 
S

SKFC

Active Member
#34
#34
Date: 14.September.2011
India Time - 09:30

Dear Friends,

Below are MCX CRUDEOIL levels for 14.September.2011
_________________________________________________

MCX - CRUDEOIL TURNING POINT (TP) = 4091

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
 
mdrafi67

mdrafi67

Well-Known Member
#35
#35
skfc said:
date: 14.september.2011
india time - 09:30

dear friends,

below are mcx crudeoil levels for 14.september.2011
_________________________________________________

mcx - crudeoil turning point (tp) = 4091

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
Click to expand...
ur tp levels are not applicable when will 4096 come on crude charts..............pls clarifyyyyyyyyyyyyyyyy
 
S

SKFC

Active Member
#36
#36
mdrafi67 said:
ur tp levels are not applicable when will 4096 come on crude charts..............pls clarifyyyyyyyyyyyyyyyy
Click to expand...
Dear Friend,

We are not responsible or liable for the crudeoil levels at MCX.

We do not manipulate levels of crudeoil at MCX.

We analyse the EOD data ( as provided by www . mcxindia . com )

After analysis we derive the TP level at which if a position or trade
is initiated in crudeoil, the probability of success (read profit) is high.

The trick is to be patient and enter at the proper levels.

Finally, it is your call as it is your money.
 
mdrafi67

mdrafi67

Well-Known Member
#37
#37
SKFC said:
Dear Friend,

We are not responsible or liable for the crudeoil levels at MCX.

We do not manipulate levels of crudeoil at MCX.

We analyse the EOD data ( as provided by www . mcxindia . com )

After analysis we derive the TP level at which if a position or trade
is initiated in crudeoil, the probability of success (read profit) is high.

The trick is to be patient and enter at the proper levels.

Finally, it is your call as it is your money.
Click to expand...
THANK U FOR THE REPLY. SIR MAY I KNOW HOW DO U CALCULATE THESE LEVELS.. ARE THESE LEVELS BACKTESTED ON ANY TRADING SYSTEM AND IF SO THEN WAT IS THE SUCCESS RATIO PLS ENLIGHTEN US WITH SOME PAST EXAMPLES... UR VIEWS ON THIS ARE HIGHLY APRRECIATED. BCOZ THERE R ONLY A FEW MEMBERS WHO THROW LIGHT ON COMMODITIES. MOST OF THEM @ TJ TALK ABOUT NIFTY N NSE,BSE BUT VERY RARE POSTS ON COMMODITIES.... THANK U ONCE AGAIN................:thumb:
 
S

SKFC

Active Member
#38
#38
Dear Friend mdrafi67,

Please go through beginning of this post, you will find answer to some of your
queries.

SKFC - TP levels are calculated based on various TA indicators and past experience.

It is almost impossible to derive a straight forward mathematical formula,
though we are working on it.

SKFC Team
 
S

SKFC

Active Member
#39
#39
Date: 15.September.2011
India Time - 09:30

Dear Friends,

Below are MCX CRUDEOIL levels for 15.September.2011
_________________________________________________

MCX - CRUDEOIL TURNING POINT (TP) = 4113

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…
 
S

SKFC

Active Member
#40
#40
Date: 16.September.2011
India Time - 09:15

Dear Friends,

Below are MCX CRUDEOIL levels for 16.September.2011
_________________________________________________

MCX - CRUDEOIL TURNING POINT (TP) = 4136

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…
 
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