Where Futures Lies

Daily Futures Trading Strategy 7 May 2014

Futurescoin
Publish date: Wed, 07 May 2014, 10:07 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 fell broadly on Tuesday, closing at session lows, with AIG pulling financial shares lower after disappointing earnings and as a slide in Twitter took down other names in the technology and internet space.


China shares steadied on Tuesday, with gains limited by weakness in the property sector as investors braced for any signs of financial distress among developers as the market cools. Hong Kong market will resume trading today after closed for Buddha's birthday celebration yesterday.


Plan A : Above 22151, do nothing

Plan B : Below 21671, do nothing

Plan C : Attempt selling if market gaps up but fails to break above 22151

Plan D : Cut above 22170

Plan E : Consider buying if market forms a support around 21671 and triggers a buy

Plan F : Cut below 21671



FKLI


Market once again successfully hold above 1844 yesterday but still lack of strength to make any remarkable rebound. Market is expected to be lacklustre without making much headways today.


Plan A : Attempt selling if market rebounds but fails to break above 1858

Plan B : Cut above 1862

Plan C : Consider intraday buying if market holds firmly above 1844 after a lower opening

Plan D : Cut below 1842



FCPO


FCPO once again dived to the low of 2558 yesterday and eventually closed at 2568. Down channel is still in tact with market tipped at the resistance and withdrew back later on. Market might move side way if market could not break 2558 and 2592.


Plan A : Overnight seller could hold on to position. Resistance is at 2599 and profit target is looking at 2523.

Plan B : Intraday investor could trade within range of 2558 and 2592.

Plan C : Long term buyer may want to wait for market to stabilize before reacting. May want to stay out today.

Plan D : Above 2610, do nothing.

Plan E : Below 2550, 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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