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Daily Futures Trading Strategy 29 August 2014

Futurescoin
Publish date: Fri, 29 Aug 2014, 11:11 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 edged lower on Thursday after the latest tension between Ukraine and Russia snapped the focus of investors back to the volatile region, but U.S. economic data helped curb losses.


Hong Kong's benchmark index finished at a two-week low in choppy conditions on Thursday, hurt by continued weakness in the Chinese onshore market and poor corporate earnings.


Plan A : Below 24578, do nothing

Plan B : Above 24890, do nothing

Plan C : Consider buying if market gaps down but holds firm above 24578

Plan D : Cut below 24530

Plan E : Attempt selling if market rebounds but fails to break above 24890

Plan F : Cut above 24980



FKLI


Market managed to hold firm in a day where trading range was tight. Buyers can continue to hold on to their position as long as market stays firm above 1869.5


Holding a long

Plan A : 1869.5-1882, do nothing

Plan B : Below 1869.5, liquidate

Plan C : Above 1882, consider taking profits

Plan D : Intraday selling can be considered if market fails to break above 1882

Plan E : Cut above 1887.5

 

 

FCPO

FCPO continue to trade on selling pressure yesterday and it is not surprised if today it could do the same thing again. Market is still on selling mode but the price is too low for investor to sell to the market. In fact, buying could be riskier as market has not shown any sign of recovery at this stage. Therefore, long term investor might want to stay out 'till next trend.

 

Plan A : Intraday investor might range trade at 1947 to 2001.

Plan B : Long term buyer may stay out.

Plan C : Fresh seller may stay out.

Plan D : Above 2010, do nothing.

Plan E : Below 1940, 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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