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

31 January 2012

MCX IntraDay Trend - 31Jan2012


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


ALUMINIUM
PCP :  112.35
Daily Trend

Support : 111.7
Short BreakOut : 111.1
Trgt : 110.2 - 109.6
&
Resistance : 113.0
Long BreakOut : 113.6
Trgt : 114.5 - 115.1

Expected Range
111 -  114
>>---<<>>---<<


COPPER
PCP :  421.20
Daily Trend

Support : 419.3
Short BreakOut : 417.5
Trgt : 414.4 - 412.6
&
Resistance : 423.1
Long BreakOut : 424.9
Trgt : 428.0 - 429.8

Expected Range
416 -  423
>>---<<>>---<<


CRUDEOIL
PCP : 4,945
Daily Trend

Support : 4930
Short BreakOut : 4916
Trgt : 4893 - 4879
&
Resistance : 4959
Long BreakOut : 4973
Trgt : 4996 - 5011

Expected Range
4931 -  4983
>>---<<>>---<<


GOLD
PCP : 28,450
Daily Trend

Support : 28380
Short BreakOut : 28311
Trgt : 28199 - 28130
&
Resistance : 28519
Long BreakOut : 28588
Trgt : 28700 - 28770

Expected Range
28345 -  28597
>>---<<>>---<<


LEAD
PCP :  112.50
Daily Trend

Support : 111.9
Short BreakOut : 111.2
Trgt : 110.2 - 109.5
&
Resistance : 113.1
Long BreakOut : 113.8
Trgt : 114.8 - 115.5

Expected Range
112 -  114
>>---<<>>---<<


NATURALGAS
PCP :  138.20
Daily Trend

Support : 136.7
Short BreakOut : 135.2
Trgt : 132.7 - 131.2
&
Resistance : 139.7
Long BreakOut : 141.2
Trgt : 143.7 - 145.2

Expected Range
134 -  140
>>---<<>>---<<


NICKEL
PCP : 1,063.10
Daily Trend

Support : 1059.7
Short BreakOut : 1056.4
Trgt : 1051.0 - 1047.6
&
Resistance : 1066.5
Long BreakOut : 1069.8
Trgt : 1075.2 - 1078.6

Expected Range
1055 -  1068
>>---<<>>---<<


SILVER
PCP : 56,992
Daily Trend

Support : 56794
Short BreakOut : 56596
Trgt : 56275 - 56077
&
Resistance : 57190
Long BreakOut : 57388
Trgt : 57708 - 57906

Expected Range
56349 -  57069
>>---<<>>---<<


ZINC
PCP :  105.50
Daily Trend

Support : 104.9
Short BreakOut : 104.3
Trgt : 103.3 - 102.6
&
Resistance : 106.1
Long BreakOut : 106.7
Trgt : 107.7 - 108.4

Expected Range
104 -  106
>>---<<>>---<<


>>--- Follow the Trend --- Trend is your Friend ---<<
Posted by Lalit Jain at Tuesday, January 31, 2012

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)