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Daily Futures Trading Strategy 8 December 2014

Futurescoin
Publish date: Mon, 08 Dec 2014, 10:20 AM
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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. non-farm payrolls exceeded analysts' projections, American recovery is gathering its pace giving Asian stocks confidence boost. Dow was up 0.33% marked gain of 58 points while S&P 500 up 0.17% and NASDAQ increase by 0.24%. 


Hang Seng swung within 23750 to 24216 last Friday. Market has suspicion of side-way movement unless resistance is broken through. 



Plan A : Overnight buyer hold on to position. Support is looking at 23800. Target is 24343 and 25469.

Plan B : Seller could sell if market came near and could not breach resistance at 24343. Target is 23938 and 23661.

Plan C : Fresh buyer stay out of market.

Plan D : Above 24300, do nothing.

Plan E : Below 23900, do nothing.    



FKLI


Malaysian stocks experienced losses for the 7th day and there is no sign of rebound though the major regions are having slight recovery. 



Plan A : Overnight seller hold on to position. Resistance is 1752. Target is 1724.

Plan B : Intraday investor may trade within range of 1736 to 1752.

Plan C : Buyer could buy if market could hold firm above 1745. Target is 1770.5.

Plan D : Above 1760, do nothing.

Plan E : Below 1730, do nothing.



FCPO


FCPO consolidated over last Friday trading. Overnight soybean oil and Dalian are gaining in trade, therefore it is not surprised to see market to open higher later.



Plan A : Overnight seller may exit if 2143 is supported. Resistance is 2179. Target is 2104.

Plan B : Intraday investor and buyer may buy if market could support above 2143. Target is 2226.

Plan C : Seller could sell if market open high around 2200. Target is 2163.

Plan D : Above 2200, do nothing.

Plan E : Below 2140, 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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