Stocks Commodity Research: IntraDay Level - 12Jan2012

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

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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