Where Futures Lies

Daily Futures Trading Strategy 20 May 2014

Futurescoin
Publish date: Tue, 20 May 2014, 09:40 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 rose on Monday, with a rally in high-growth names among Internet and biotech shares giving the Nasdaq a gain of almost 1 percent. Equities have been pressured recently, with the S&P 500 coming off its first two-week decline since January as investors have become concerned about the economy's growth prospects.


Hong Kong H-shares finished lower on Monday, as Chinese bank stocks slide in line with those on the mainland in the wake of stiffer regulation of interbank lending and weak economic data.


Holding a short

Plan A : 22174-22746, do nothing
Plan B : Below 22174, consider taking profits first if it gaps down and rebound

Plan C : Above 22746, cut

Plan D : Consider to turn buy if market holds firmly above 22386 and triggers a buy

Plan E : Cut below 22386



FKLI


Market gave way towards the last mins of trading yesterday after failing to break above 1886 and settled at day's low level of 1879.5. Market might be going through some profit taking selling but falls should be limited with buying supports can be expected along the way.


Holding a short

Plan A : 1867-1886, do nothing

Plan B : Above 1886, cut

Plan C : Below 1867, consider taking profits if it gaps down and rebound

Plan D : Consider to turn buy if market holds firmly above 1876 and surge

Plan E : Cut below 1872

 

 

FCPO

 

FCPO tumble down at last 15 minutes and touched the low of 2536. 

 

Plan A: Overnight seller may hold on to position, taking resistance at 2583. Target profit is looking at 2497 and 2416.

Plan B : Intraday investor may continue to sell at rebound, taking resistance at 2567. Target price is looking at 2497. 

Plan C : Buyer may want to stay out at this stage.

Plan D : Above 2590, do nothing.

Plan E : Below 2510, 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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