Where Futures Lies

Daily Futures Trading Strategy 5 May 2016

Futurescoin
Publish date: Thu, 05 May 2016, 10:45 AM
Futurescoin
0 3,350
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 closed lower Wednesday after mixed data, with energy leading decliners and utilities leading. 


Hong Kong shares fell to a three-week closing low on Wednesday, tracking sluggish trading in Asian markets as worries about global growth and creeping deflation resurfaced. Focus will be on Caixin China services PMI today while Japan and Korea markets are shut for public holiday.


To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for May subscription.


Plan A : Above 20548, do nothing

Plan B : Below 20245, do nothing

Plan C : Attempt selling if market rebounds but fails to break above 20461

Plan D : Cut above 20548

Plan E : Consider buying if market gap down but supported above 20245

Plan F : Cut below 20245



FKLI


Market as predicted rebounded from the low of 1629 yesterday. This level should now serve as a temporary bottom for FKLI. Market sentiment has not changed despite the strong rebound to 1655.5 yesterday. Higher to sell will still be the best strategy for the time being.


To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for May subscription.


Plan A : Attempt selling if market rebounds but fails to breach above 1663

Plan B : Cut above 1666

Plan C : Consider buying only if market falls but stays resiliently above 1630

Plan D : Cut below 1626



FCPO


FCPO sky-rocketed on Wednesday with good intraday range. Dalian and soybean oil are trading at positive range while Ringgit weakened around RM4.00 against the US Dollar. 


To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for May subscription.


Plan A : Buy if market supported above 2605. Targets are 2627, 2639 and 2673.

Plan B : Sell if market rebounded and resisted around 2627. Targets are 2605.

Plan C : Above 2627, no fresh position.

Plan D : Below 2605, no fresh position.



*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.  

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment