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


The Commodity Prices Powered by Focus ComTrendz - The Financial & Research Portal.

NSE Live HeatMap

21 January 2012

MCX IntraDay Trend - 23Jan2012


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


ALUMINIUM
PCP :  110.1
Daily Trend

Support : 109.7
Short BreakOut : 109.3
Trgt : 108.6 - 108.2
&
Resistance : 110.5
Long BreakOut : 110.9
Trgt : 111.6 - 112.0

Expected Range
109 -  111
>>---<<>>---<<


COPPER
PCP :  417.25
Daily Trend

Support : 414.5
Short BreakOut : 411.7
Trgt : 407.2 - 404.4
&
Resistance : 420.0
Long BreakOut : 422.8
Trgt : 427.3 - 430.1

Expected Range
412 -  422
>>---<<>>---<<


CRUDEOIL
PCP : 5,006
Daily Trend

Support : 4964
Short BreakOut : 4923
Trgt : 4856 - 4815
&
Resistance : 5047
Long BreakOut : 5090
Trgt : 5155 - 5196

Expected Range
4910 -  5060
>>---<<>>---<<


GOLD
PCP : 27,448
Daily Trend

Support : 27373
Short BreakOut : 27299
Trgt : 27179 - 27105
&
Resistance : 27522
Long BreakOut : 27600
Trgt : 27716 - 27790

Expected Range
27335 -  27605
>>---<<>>---<<


LEAD
PCP :  108.3
Daily Trend

Support : 107.8
Short BreakOut : 107.3
Trgt : 106.5 - 106.0
&
Resistance : 108.8
Long BreakOut : 109.3
Trgt : 110.1 - 110.6

Expected Range
107 -  109
>>---<<>>---<<


NATURALGAS
PCP :  117.7
Daily Trend

Support : 116.7
Short BreakOut : 115.7
Trgt : 114.0 - 113.0
&
Resistance : 118.7
Long BreakOut : 119.7
Trgt : 121.4 - 122.4

Expected Range
115 -  119
>>---<<>>---<<


NICKEL
PCP : 1,027.2
Daily Trend

Support : 1021.3
Short BreakOut : 1015.3
Trgt : 1005.7 - 999.8
&
Resistance : 1033.1
Long BreakOut : 1039.1
Trgt : 1048.7 - 1054.6

Expected Range
1020 -  1042
>>---<<>>---<<


SILVER
PCP : 54,825
Daily Trend

Support : 54315
Short BreakOut : 53800
Trgt : 52980 - 52470
&
Resistance : 55334
Long BreakOut : 55850
Trgt : 56669 - 57179

Expected Range
53998 -  55852
>>---<<>>---<<


ZINC
PCP :  101.05
Daily Trend

Support : 100.6
Short BreakOut : 100.1
Trgt : 99.4 - 98.9
&
Resistance : 101.5
Long BreakOut : 102.0
Trgt : 102.7 - 103.2

Expected Range
100 -  102
>>---<<>>---<<

>>--- Follow the Trend --- Trend is your Friend ---<<
Posted by Lalit Jain at Saturday, January 21, 2012

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