Where Futures Lies

Daily Futures Trading Strategy 7 January 2015

Futurescoin
Publish date: Wed, 07 Jan 2015, 10:30 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 ended lower for a fifth session on Tuesday as data showed slower growth in the U.S. service sector and oil prices fell further.


Hong Kong's benchmark share index fell on Tuesday, joining most global equity and commodity markets hurt by worries about the economy. Germany unemployment rate, Euro zone CPI data and Fed's minutes on Dec meeting will be focus for today. 


Plan A : Above 23670, do nothing

Plan B : Below 23321, do nothing

Plan C : Attempt selling if market fails to break above 23558

Plan D : Cut above 23670

Plan E : Consider buying if market stays firm above 23321 and triggers a buy

Plan F : Cut below 23321



FKLI


Market continued its bearish mode with Ringgit weakened to 3.563 against greenback. Persistent selling can be expected especially if market stays below 1710.


Plan A : Attempt selling around 1710 level

Plan B : Cut above 1714

Plan C : Consider intraday buy only if market take a quick dive towards 1679.5 and rebound

Plan D :Cut below 1672.5

 

 

FCPO

 

FCPO stay firm above the support with positive outlook as RM slides to 5 years low to RM 3.58 against the greenback. Moreover, floods also raised the prospect of the tighter supplies which limiting the downside of the market. Whereas, Dalian and soybean oil are quite mixed in trading.

 

Plan A : Overnight buyer hold on to position. Support is 2255. Target is 2393 and 2420.

Plan B : Intraday investor may buy if market could support above 2273. Target is 2345.

Plan C : Seller may stay out.

Plan D : Above 2300, do nothing.

Plan E : Below 2260, 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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