Where Futures Lies

Daily Futures Trading Strategy 1 August 2016

Futurescoin
Publish date: Mon, 01 Aug 2016, 10:48 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 ended mixed last Friday with major technology stocks performing strong but unfortunately offset by the poor GDP result and the decline in the energy stocks. Dow closed down 24 points, S&P up 3 points while NASDAQ up 7 points.


Hang Seng tumbled over Friday trading after failing to go across the resistances. This could be a slightly correction after the recent rally.


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


Plan A : Sell if market rebounded and resisted around 21947. Targets are 21696, 21384 and 21072.

Plan B : Buy only if market stabilized and supported above 21947. Targets are 22041, 22134 and 22262. 

Plan C : Cut above 22041.

Plan D : Cut below 21886.



FKLI 


Market had slow descent last week while intraday range was tight lately. At longer term chart, market is heading down South while this also can be seen at some intermediate charts. Considering the pace of the market, investor need to be patient in intraday play.


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


Plan A : Sell if market rebounded and resisted around 1656. Targets are 1649,1646 and 1639.

Plan B : Buy if market retraced and supported above 1649. Targets are 1654 and 1662.

Plan C : Above 1656, no fresh position.

Plan D : Below 1649, no fresh position.



FCPO


FCPO flattened on Friday hovering within the range of 2333 to 2308. Dalian and soybean oil initiate strong upside this morning while Ringgit strengthen against the greenback at RM4.03.


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


Plan A : Buy if market opened gap up and supported above 2333. Targets are 2350, 2366 and 2380.

Plan B : Sell if market opened above 2368. Near Resistance is 2373. Targets are 2351, 2340 and 2329.

Plan C : Above 2380, no fresh position.

Plan D : Below 2333, 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