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Daily Futures Trading Strategy 28 Feb 2014

Futurescoin
Publish date: Fri, 28 Feb 2014, 09:31 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


The S&P 500 closed at a record on Thursday and ended in positive territory for the year after Federal Reserve Chair Janet Yellen said harsh weather seems to be to behind recent U.S. economic softness.


Hong Kong shares posted their biggest gain in more than two weeks on Thursday, as investors bought Chinese utilities and energy stocks on hopes a coming annual parliamentary session will make reforms boosting them.


Plan A : Above 22852, do nothing

Plan B : Below 22449, do nothing

Plan C : Consider selling if market opens gap up but fails to break above 22852

Plan D : Cut above 22852

Plan E : Attempt buying around 22527 level if market opens low and holds firm

Plan F : Cut below 22449



FKLI


FKLI once again survived early scare and closed at almost day's high level. Market could potentially hold up for last trading day of February with March month became centre of focus instead. 


Plan A : Attempt buying around 1831-1834

Plan B : Cut below 1828

Plan C : Consider selling if market surge up to 1845 but fails to breach through

Plan D : Cut above 1848



FCPO


Market was experiencing selling pressure during second session trading yesterday. Today might be another of correction after an aggressive rally. With the weather condition now in Malaysia, correction might be a short term event.


Plan A : Overnight seller may hold back position. Resistance looking at 2802 and 2788. Target price looking at 2732 and 2670.

Plan B : Intraday trader may attempt some selling taking resistance at 2784. Profit target looking at 2732 and 2719.

Plan C : Buyer could consider to buy if 2732 is supported. Place stop in case of market overshot.

Plan D : Above 2790, 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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