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Daily Futures Trading Strategy 28 May 2014

Futurescoin
Publish date: Wed, 28 May 2014, 04:59 PM
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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 Tuesday as the S&P 500 scored a second straight record close, buoyed by the latest round of merger activity and as expectations for rate cuts by the European Central Bank stoked investors' appetite for equities.


The index for Hong Kong listings of China companies on Tuesday had its biggest loss since May 9, pulled down by weaker Chinese bank stocks.


Holding a long

Plan A : 22837-23156, do nothing

Plan B : Below 22837, cut

Plan C : Above 23156, take profits first if market couldn't hold firm

Plan D : Consider intraday selling if market fails to break above 23156 and triggers a sell

Plan E : Cut above 23156



FKLI


Market temporary found its bottom at 1862.5. As long market continues to hold firm above this level, there will be a chance that market will recover soon especially with regional market taking the lead.


Holding a long

Plan A : 1862-1875, do nothing

Plan B : Below 1862, cut

Plan C : Above 1875, take profits first if market couldn't hold firm

Plan D : Attempt intraday selling if market fails to break above 1872

Plan E : Cut above 1875



FCPO 
FCPO had the same flow for two consecutive days where it went down in the morning and it eventually made a U-turn in the second session. Market has no clear direction yet at this moment as the signal is quite mixed.

Plan A : Seller could attempt to sell if market cannot break 2514. Profit target is looking at 2572 and 2410. 

Plan B : Intraday investor may trade within range of 2483 to 2514. Place a stop.

Plan C : Above 2520, do nothing.

Plan D : Below 2480, 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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