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Daily Futures Trading Strategy 6 Feb 2014

Futurescoin
Publish date: Thu, 06 Feb 2014, 10:21 AM
Futurescoin
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We track market on a daily basis and we adjust our planning according to the market movement. It is very vital for traders to adapt and react to changes.We have prioritized group that gets our first hand info on trading. If you are interested, please drop us an email at futures.coin@gmail.com for further detail. On the other hand, please follow us at our blog http://futurescoin.blogspot.com/ as posting will be early in our blog than I3investor.

Hang Seng Futures

 

Dow ended little changed as there is a mixed of economic data that confuses the sight of the investors.

Though Asian equities rebounded yesterday but caution is likely to prevail ahead of Friday's U.S. job report.


Plan A : Overnight seller could remain to hold on to position unless market form a support and rebound to 21363. Investor might consider to exit

Plan B : Buyer may want to be cautious entering to a position as market is still on its way down. If market is supported at 21200's level today, investor could try some buy around 21300's level. Potential looking at 21511. Risk of 150 points from support is recommended

Plan C : Above 21500, do nothing

Plan D : Below 21200, do nothing

Plan E : Buyer do not hold position if market breaks 21143


FKLI


Malaysian market has been quite firm holding on 1770's level, however, it's still at selling zone trying to break through. Therefore, buyer need to be cautious with the position.


Plan A : Sell at 1788 to 1786 if market could not break 1790.

Plan B : Buy around 1771 to 1774

Plan C : Cut below 1765 for buyer

Plan D : Cut above 1790 for seller

Plan E : Above 1800, do nothing

Plan F : Below 1760, do nothing

FCPO


FCPO market might experience some turbulence today as soybean oil was up overnight. Market was running on tight range yesterday and overall view has not shown any concrete evidence of a trend yet. Therefore, awaiting a break out for a trend.


Plan A : Above 2580, do nothing

Plan B : Below 2510, do nothing

Plan C : Intraday investor could trade within consolidation range of 2567 to 2525

Plan D : Cut above 2577 for seller

Plan E : Cut below 2519 for buyer


 

*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult wi.th its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment

 
 
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