Where Futures Lies

Daily Futures Trading Strategy 24 Feb 2014

Futurescoin
Publish date: Mon, 24 Feb 2014, 09:42 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.

HSI Futures


U.S. stocks slipped on Friday on options-related trading, with the S&P 500 facing resistance as it flirts with its record high even as economic data continues to underwhelm.


Hong Kong's Hang Seng Index rebounded on Friday, led by a 2.8 percent gain for Tencent Holdings and posting its second-straight weekly gain ahead of a slew of corporate earnings results next week.


Plan A : Above 22690, do nothing

Plan B : Below 22374, do nothing

Plan C : Consider selling if market once again opens high but fails to break above 22690

Plan D : Cut above 22751

Plan E : Consider buying if market opens low but supported well above 22374 and triggers a buy

Plan F : Cut below 22297



FKLI


FKLI surged temporary to a high of 1845 last Friday before retracing and hovered around 1830-1835 throughout the day. Market look likely to further consolidate within the range of 1822-1845 for the time being


Plan A : Attempt buying if market opens low but supports well above 1826

Plan B : Cut below 1820

Plan C : Selling can only be considered if market attempts to break above 1835-1836 but fail

Plan D : Cut above 1842



FCPO

 

Crude palm oil has rallied on a firm basis where it corrected itself every time the market is boosted. Weather has been in a dry condition that may affect the yield and output of the product in the coming data. Long term view is still an upside for crude palm oil. Do not discount for short term correction.

 

Plan A : Overnight buyer may hold on to position if 2739 is supported. Profit target is 2812.

Plan B : Long term seller may want to avoid the market unless market come near and could not break 2800.

Plan C : Intraday investor could try to buy if 2728 is supported and sell is 2758 could not break. 

Plan D : Above 2770, do nothing. 

Plan E : Below 2720, do nothing.



*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 with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment

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