mcx,mcxindia, mcxindia tips free, mcx trend today
Crude Oil Trend 8 oct today
Crude Oil Trend 8 oct today
MCX - CRUDEOIL TURNING POINT (TP) = 3932
Strategy No.1 with TURNING POINT (TP) is as follows -
Example -- If CRUDEOIL TP = 4386, then
Long at 4386 + 4 = 4390
Short at 4386 - 4 = 4382
Strategy No.2 with with TURNING POINT (TP) is as follows -
Long when the 5 min candle closes above TP
Short when the 5 min candle closes below TP
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.
Strategy No.1 with TURNING POINT (TP) is as follows -
Example -- If CRUDEOIL TP = 4386, then
Long at 4386 + 4 = 4390
Short at 4386 - 4 = 4382
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Strategy No.2 with with TURNING POINT (TP) is as follows -
Long when the 5 min candle closes above TP
Short when the 5 min candle closes below TP
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.
