Stocks Commodity Research: IntraDay Level - 11Jan2012

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.------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- ------------------------- -------------------------

11 January 2012

IntraDay Level - 11Jan2012

Focus ComTrendz

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

GOLD - Daily

PCP : 27,537

IntraDay Level

Support : 27492

Short BreakOut : 27445

Trgt : 27375 - 27330

&

Resistance : 27580

Long BreakOut : 27625

Trgt : 27699 - 27744

Expected Range

27425 - 27588

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

SILVER - Daily

PCP : 52,566

IntraDay Level

Support : 52218

Short BreakOut : 51870

Trgt : 51308 - 50960

&

Resistance : 52913

Long BreakOut : 53265

Trgt : 53823 - 54171

Expected Range

52161 - 53425

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

COPPER - Daily

PCP : 403.95

IntraDay Level

Support : 402.1

Short BreakOut : 400.3

Trgt : 397.3 - 395.5

&

Resistance : 405.8

Long BreakOut : 407.6

Trgt : 410.6 - 412.4

Expected Range

401 - 407

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

CRUDEOIL- Daily

PCP : 5,318

IntraDay Level

Support : 5300

Short BreakOut : 5282

Trgt : 5254 - 5236

&

Resistance : 5335

Long BreakOut : 5355

Trgt : 5381 - 5399

Expected Range

5312 - 5376

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

LEAD - Daily

PCP : 103.35

IntraDay Level

Support : 102.7

Short BreakOut : 102.1

Trgt : 101.1 - 100.4

&

Resistance : 104.0

Long BreakOut : 104.6

Trgt : 105.6 - 106.3

Expected Range

102 - 104

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

NICKEL - Daily

PCP : 1,010.1

IntraDay Level

Support : 1005.7

Short BreakOut : 1001.2

Trgt : 994.1 - 989.7

&

Resistance : 1014.5

Long BreakOut : 1019.0

Trgt : 1026.1 - 1030.5

Expected Range

1004 - 1020

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

ZINC - Daily

PCP : 99.5

IntraDay Level

Support : 98.9

Short BreakOut : 98.4

Trgt : 97.5 - 96.9

&

Resistance : 100.1

Long BreakOut : 100.6

Trgt : 101.5 - 102.1

Expected Range

99 - 101

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

No comments:

Subscribe to: Post Comments (Atom)