The Basic Golden Rules of Trading ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------Always be a disciplined trader. ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------Price is what you pay. Value is what you get. ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------Never trade on news or rumors, always follow the levels, remember, news does not make levels, it just triggers levels. ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------Never ever enter a trade where the risk to reward ratio is less than 1:4. ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------Never get panicked or exited by the happenings on the screen, stick to the levels and stop loss, else you’ll always end up loser. ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------80-20 rule→Always remember 80% of the profit from trading will come only from 20% of your trades. ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------Be consistent and systemic→A trader has to be systemic and consistent in his trading. Only a consistent trader can make most out of the available opportunities. ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------No prediction→One can never know in advance which of his trade will end in a loss or profit. ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------Follow the trend→Always follow the trend. Follow the price and never ever expect market to follow you. ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------Big profits & losses (a part of trading)→Hold your profit making trade till your trailing stop loss hit. Same way, Enter in your trade with proper stop loss and close your trade when ever your stop loss hits.------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------

Live Comex Commodity Market


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NSE Live HeatMap

12 January 2012

IntraDay Level - 12Jan2012


Focus ComTrendz
>>---<<>>---<<

GOLD - Daily
PCP : 27,657

IntraDay Level

Support : 27615
Short BreakOut : 27570
Trgt : 27506 - 27465
&
Resistance : 27698
Long BreakOut : 27740
Trgt : 27807 - 27848

Expected Range
27621 -  27772

>>---<<>>---<<

SILVER - Daily
PCP : 52,607

IntraDay Level

Support : 52404
Short BreakOut : 52200
Trgt : 51872 - 51669
&
Resistance : 52809
Long BreakOut : 53015
Trgt : 53341 - 53544

Expected Range
52050 -  52788

>>---<<>>---<<

COPPER - Daily
PCP :  407.45

IntraDay Level

Support : 405.8
Short BreakOut : 404.1
Trgt : 401.4 - 399.7
&
Resistance : 409.1
Long BreakOut : 410.8
Trgt : 413.5 - 415.2

Expected Range
405 -  411

>>---<<>>---<<

CRUDEOIL - Daily
PCP : 5,285

IntraDay Level

Support : 5262
Short BreakOut : 5239
Trgt : 5203 - 5180
&
Resistance : 5307
Long BreakOut : 5330
Trgt : 5366 - 5389

Expected Range
5219 -  5301

>>---<<>>---<<

NICKEL - Daily
PCP : 1,005.6

IntraDay Level

Support : 1000
Short BreakOut : 994
Trgt : 985 - 980
&
Resistance : 1011
Long BreakOut : 1017
Trgt : 1025 - 1030

Expected Range
992 -  1012

>>---<<>>---<<

ZINC - Daily
PCP :  100.1

IntraDay Level

Support : 99.7
Short BreakOut : 99.2
Trgt : 98.5 - 98.1
&
Resistance : 100.5
Long BreakOut : 101.0
Trgt : 101.7 - 102.1

Expected Range
99 -  101

>>---<<>>---<<

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