Where Futures Lies

Daily Futures Trading Strategy 19 May 2015

Futurescoin
Publish date: Tue, 19 May 2015, 10:20 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


The Dow Jones industrial average and S&P 500 ended at record highs on Monday, helped by a rally in Apple as well as tepid economic data suggesting the Federal Reserve may wait to raise interest rates.


Hong Kong stocks remained lackluster on Monday in the aftermath of profit-taking by major foreign investors following a 13 percent surge in April, and as inflows of mainland money failed to reach the levels needed to maintain the market's rise.


Plan A : Above 27805, do nothing

Plan B : Below 27373, do nothing

Plan C : Consider selling if market rebounds but fails to break above 27640

Plan D : Cut above 27805

Plan E : Attempt buying if market holds firmly above 27538

Plan F : Cut below 27373



FKLI


Market was seen stable after breaching and hold firmly above 1818 level. Market is expected to remain resilient for now even if there were any profit taking selling coming along the way. Corrections should be mild with supports seen at 1818 and 1812


Plan A : Attempt buying if market were to retrace and hold firmly above 1818

Plan B : Cut below 1812

Plan C : Intraday selling to be considered only if market surge but fails to break above 1833

Plan D : Cut above 1836.5



FCPO


FCPO flattened yesterday with minimal commotion. Dalian and soybean oil are trading weak today with Ringgit slightly weaken to RM 3.58 against the greenback. Market is rather weak but descending power is slow, thus, investor might need to be patient. 


Plan A : Overnight seller hold on to position. Resistance is looking at 2194. Target is 2151 and 2102.

Plan B : Buyer may stay out of market.

Plan C : Intraday investor may sell if market could rebound and resist around 2185 and 2178. Target is 2151 and 2124.

Plan D : Above 2180, do nothing.

Plan E : Below 2150, do nothing.




*Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters and CNBC. 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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