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

23 February 2012

MCX IntraDay Trend - 23Feb2012


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

ALUMINI
PCP :  110.300
Daily Trend
Pivot Point : 109.9

Support : 109.8
Short BreakOut : 109.3
Trgt : 108.5 - 108.0
&
Resistance : 110.8
Long BreakOut : 111.3
Trgt : 112.1 - 112.6

Expected Range
110 -  111
>>---<>---<<

ALUMINI
>>--- In the Range ---<<
Buy around : 109.8 - 109.5 StopLoss below : 109.3 for Target : 110.1 - 110.6 - 110.8
&
Sell around : 110.8 - 111.1 StopLoss above : 111.3 for Target : 110.5 - 110.0 - 109.8

>>--- If BreakOut ---<<
Buy around : 111.3 StopLoss below : 110.8 for Target : 112.1 - 112.6
&
Sell around : 109.3 StopLoss above : 109.8 for Target : 108.5 - 108.0

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



ALUMINIUM
PCP :  110.350
Daily Trend
Pivot Point : 109.9

Support : 109.9
Short BreakOut : 109.4
Trgt : 108.6 - 108.1
&
Resistance : 110.8
Long BreakOut : 111.3
Trgt : 112.1 - 112.6

Expected Range
110 -  111
>>---<>---<<

ALUMINIUM
>>--- In the Range ---<<
Buy around : 109.9 - 109.6 StopLoss below : 109.4 for Target : 110.2 - 110.7 - 110.8
&
Sell around : 110.8 - 111.1 StopLoss above : 111.3 for Target : 110.5 - 110.0 - 109.9

>>--- If BreakOut ---<<
Buy around : 111.3 StopLoss below : 110.8 for Target : 112.1 - 112.6
&
Sell around : 109.4 StopLoss above : 109.9 for Target : 108.6 - 108.1

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



COPPER
PCP :  417.200
Daily Trend
Pivot Point : 416.3

Support : 415.8
Short BreakOut : 414.4
Trgt : 412.1 - 410.7
&
Resistance : 418.6
Long BreakOut : 420.0
Trgt : 422.3 - 423.7

Expected Range
415 -  420
>>---<>---<<

COPPER
>>--- In the Range ---<<
Buy around : 415.8 - 415.1 StopLoss below : 414.4 for Target : 416.7 - 418.1 - 418.6
&
Sell around : 418.6 - 419.3 StopLoss above : 420.0 for Target : 417.7 - 416.3 - 415.8

>>--- If BreakOut ---<<
Buy around : 420.0 StopLoss below : 418.6 for Target : 422.3 - 423.7
&
Sell around : 414.4 StopLoss above : 415.8 for Target : 412.1 - 410.7

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



COPPERM
PCP :  417.150
Daily Trend
Pivot Point : 416.3

Support : 415.8
Short BreakOut : 414.4
Trgt : 412.2 - 410.8
&
Resistance : 418.5
Long BreakOut : 419.9
Trgt : 422.1 - 423.5

Expected Range
415 -  420
>>---<>---<<

COPPERM
>>--- In the Range ---<<
Buy around : 415.8 - 415.1 StopLoss below : 414.4 for Target : 416.7 - 418.1 - 418.5
&
Sell around : 418.5 - 419.2 StopLoss above : 419.9 for Target : 417.6 - 416.2 - 415.8

>>--- If BreakOut ---<<
Buy around : 419.9 StopLoss below : 418.5 for Target : 422.1 - 423.5
&
Sell around : 414.4 StopLoss above : 415.8 for Target : 412.2 - 410.8

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



CRUDEOIL
PCP : 5,243.000
Daily Trend
Pivot Point : 5247

Support : 5229
Short BreakOut : 5216
Trgt : 5195 - 5182
&
Resistance : 5256
Long BreakOut : 5270
Trgt : 5290 - 5304

Expected Range
5235 -  5283
>>---<>---<<

CRUDEOIL
>>--- In the Range ---<<
Buy around : 5229 - 5223 StopLoss below : 5216 for Target : 5238 - 5251 - 5256
&
Sell around : 5256 - 5262 StopLoss above : 5270 for Target : 5247 - 5234 - 5229

>>--- If BreakOut ---<<
Buy around : 5269.4 StopLoss below : 5256.2 for Target : 5290.8 - 5304.0
&
Sell around : 5216.6 StopLoss above : 5229.8 for Target : 5195.2 - 5182.0

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



GOLD
PCP : 28,646.000
Daily Trend
Pivot Point : 28601

Support : 28564
Short BreakOut : 28480
Trgt : 28349 - 28267
&
Resistance : 28727
Long BreakOut : 28810
Trgt : 28942 - 29024

Expected Range
28538 -  28836
>>---<>---<<

GOLD
>>--- In the Range ---<<
Buy around : 28564 - 28523 StopLoss below : 28480 for Target : 28618 - 28700 - 28727
&
Sell around : 28727 - 28768 StopLoss above : 28810 for Target : 28673 - 28591 - 28564

>>--- If BreakOut ---<<
Buy around : 28809 StopLoss below : 28727 for Target : 28942 - 29024
&
Sell around : 28482 StopLoss above : 28564 for Target : 28349 - 28267

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



GOLDM
PCP : 28,391.000
Daily Trend
Pivot Point : 28350

Support : 28308
Short BreakOut : 28225
Trgt : 28093 - 28011
&
Resistance : 28473
Long BreakOut : 28556
Trgt : 28688 - 28770

Expected Range
28286 -  28585
>>---<>---<<

GOLDM
>>--- In the Range ---<<
Buy around : 28308 - 28267 StopLoss below : 28226 for Target : 28363 - 28445 - 28473
&
Sell around : 28473 - 28514 StopLoss above : 28556 for Target : 28418 - 28336 - 28308

>>--- If BreakOut ---<<
Buy around : 28555 StopLoss below : 28473 for Target : 28688 - 28770
&
Sell around : 28226 StopLoss above : 28308 for Target : 28093 - 28011

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



LEAD
PCP :  104.550
Daily Trend
Pivot Point : 103.7

Support : 103.7
Short BreakOut : 102.9
Trgt : 101.6 - 100.7
&
Resistance : 105.4
Long BreakOut : 106.2
Trgt : 107.5 - 108.4

Expected Range
103 -  106
>>---<>---<<

LEAD
>>--- In the Range ---<<
Buy around : 103.7 - 103.3 StopLoss below : 102.9 for Target : 104.3 - 105.1 - 105.4
&
Sell around : 105.4 - 105.8 StopLoss above : 106.2 for Target : 104.8 - 104.0 - 103.7

>>--- If BreakOut ---<<
Buy around : 106.2 StopLoss below : 105.4 for Target : 107.5 - 108.4
&
Sell around : 102.9 StopLoss above : 103.7 for Target : 101.6 - 100.7

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



LEADMINI
PCP :  104.550
Daily Trend
Pivot Point : 103.7

Support : 103.7
Short BreakOut : 102.9
Trgt : 101.6 - 100.7
&
Resistance : 105.4
Long BreakOut : 106.2
Trgt : 107.5 - 108.4

Expected Range
103 -  106
>>---<>---<<

LEADMINI
>>--- In the Range ---<<
Buy around : 103.7 - 103.3 StopLoss below : 102.9 for Target : 104.3 - 105.1 - 105.4
&
Sell around : 105.4 - 105.8 StopLoss above : 106.2 for Target : 104.8 - 104.0 - 103.7

>>--- If BreakOut ---<<
Buy around : 106.2 StopLoss below : 105.4 for Target : 107.5 - 108.4
&
Sell around : 102.9 StopLoss above : 103.7 for Target : 101.6 - 100.7

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



NATURALGAS
PCP :  128.200
Daily Trend
Pivot Point : 128.1

Support : 127.1
Short BreakOut : 126.1
Trgt : 124.3 - 123.2
&
Resistance : 129.3
Long BreakOut : 130.3
Trgt : 132.1 - 133.2

Expected Range
125 -  129
>>---<>---<<

NATURALGAS
>>--- In the Range ---<<
Buy around : 127.1 - 126.6 StopLoss below : 126.1 for Target : 127.8 - 128.9 - 129.3
&
Sell around : 129.3 - 129.8 StopLoss above : 130.3 for Target : 128.6 - 127.5 - 127.1

>>--- If BreakOut ---<<
Buy around : 130.3 StopLoss below : 129.3 for Target : 132.1 - 133.2
&
Sell around : 126.1 StopLoss above : 127.1 for Target : 124.3 - 123.2

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



NICKEL
PCP :  993.800
Daily Trend
Pivot Point : 997.3

Support : 988.3
Short BreakOut : 982.9
Trgt : 974.0 - 968.5
&
Resistance : 999.3
Long BreakOut : 1004.7
Trgt : 1013.6 - 1019.1

Expected Range
982 -  1001
>>---<>---<<

NICKEL
>>--- In the Range ---<<
Buy around : 988.3 - 985.6 StopLoss below : 982.9 for Target : 992.0 - 997.4 - 999.3
&
Sell around : 999.3 - 1002.0 StopLoss above : 1004.7 for Target : 995.6 - 990.2 - 988.3

>>--- If BreakOut ---<<
Buy around : 1004.7 StopLoss below : 999.3 for Target : 1013.6 - 1019.1
&
Sell around : 982.9 StopLoss above : 988.3 for Target : 974.0 - 968.5

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



NICKELM
PCP :  993.900
Daily Trend
Pivot Point : 997.3

Support : 988.5
Short BreakOut : 983.1
Trgt : 974.3 - 968.9
&
Resistance : 999.3
Long BreakOut : 1004.7
Trgt : 1013.5 - 1018.9

Expected Range
982 -  1001
>>---<>---<<

NICKELM
>>--- In the Range ---<<
Buy around : 988.5 - 985.8 StopLoss below : 983.1 for Target : 992.1 - 997.5 - 999.3
&
Sell around : 999.3 - 1002.0 StopLoss above : 1004.7 for Target : 995.7 - 990.3 - 988.5

>>--- If BreakOut ---<<
Buy around : 1004.7 StopLoss below : 999.3 for Target : 1013.5 - 1018.9
&
Sell around : 983.1 StopLoss above : 988.5 for Target : 974.3 - 968.9

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



SILVER
PCP : 57,257.000
Daily Trend
Pivot Point : 57187

Support : 57094
Short BreakOut : 56930
Trgt : 56668 - 56505
&
Resistance : 57419
Long BreakOut : 57585
Trgt : 57846 - 58008

Expected Range
57057 -  57649
>>---<>---<<

SILVER
>>--- In the Range ---<<
Buy around : 57094 - 57012 StopLoss below : 56930 for Target : 57202 - 57365 - 57419
&
Sell around : 57419 - 57501 StopLoss above : 57585 for Target : 57311 - 57148 - 57094

>>--- If BreakOut ---<<
Buy around : 57582 StopLoss below : 57419 for Target : 57846 - 58008
&
Sell around : 56931 StopLoss above : 57094 for Target : 56668 - 56505

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



SILVERM
PCP : 57,260.000
Daily Trend
Pivot Point : 57186

Support : 57095
Short BreakOut : 56930
Trgt : 56663 - 56498
&
Resistance : 57425
Long BreakOut : 57590
Trgt : 57857 - 58022

Expected Range
57055 -  57655
>>---<>---<<

SILVERM
>>--- In the Range ---<<
Buy around : 57095 - 57012 StopLoss below : 56930 for Target : 57205 - 57370 - 57425
&
Sell around : 57425 - 57507 StopLoss above : 57590 for Target : 57315 - 57150 - 57095

>>--- If BreakOut ---<<
Buy around : 57590 StopLoss below : 57425 for Target : 57857 - 58022
&
Sell around : 56930 StopLoss above : 57095 for Target : 56663 - 56498

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



ZINC
PCP :  100.850
Daily Trend
Pivot Point : 100.3

Support : 100.2
Short BreakOut : 99.6
Trgt : 98.6 - 98.0
&
Resistance : 101.5
Long BreakOut : 102.1
Trgt : 103.1 - 103.7

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

ZINC
>>--- In the Range ---<<
Buy around : 100.2 - 99.9 StopLoss below : 99.6 for Target : 100.6 - 101.3 - 101.5
&
Sell around : 101.5 - 101.8 StopLoss above : 102.1 for Target : 101.1 - 100.4 - 100.2

>>--- If BreakOut ---<<
Buy around : 102.1 StopLoss below : 101.5 for Target : 103.1 - 103.7
&
Sell around : 99.6 StopLoss above : 100.2 for Target : 98.6 - 98.0

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



ZINCMINI
PCP :  100.850
Daily Trend
Pivot Point : 100.3

Support : 100.2
Short BreakOut : 99.6
Trgt : 98.6 - 98.0
&
Resistance : 101.5
Long BreakOut : 102.1
Trgt : 103.1 - 103.7

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

ZINCMINI
>>--- In the Range ---<<
Buy around : 100.2 - 99.9 StopLoss below : 99.6 for Target : 100.6 - 101.3 - 101.5
&
Sell around : 101.5 - 101.8 StopLoss above : 102.1 for Target : 101.1 - 100.4 - 100.2

>>--- If BreakOut ---<<
Buy around : 102.1 StopLoss below : 101.5 for Target : 103.1 - 103.7
&
Sell around : 99.6 StopLoss above : 100.2 for Target : 98.6 - 98.0

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

>>--- Follow the Trend --- Trend is your Friend ---<<
Wait for Opportunity, 
“Get Down from the Train, when you reach the destination”


Trading Rules

*Trading is not Gambling.
*Learn to Loose.
*Always Trade with protective Stop-Loss.
*Never Over-Trade.
*Trade with Clear Mind.
*Don’t Try to Predict the Future.
*Accept Losses as a cost of doing Business.
*Always Be In the Market.
*Never Risk more than 2%.
*No one knows the market is where Going & when Move.
*Most Important how to Exit , not more Important how you Enter it.

Trade what you See, not what you Think… 

...Trading is a journey of Self-Discovery...
Posted by Lalit Jain at Thursday, February 23, 2012

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