Where Futures Lies

Daily Futures Trading Strategy 12 September 2018

Futurescoin
Publish date: Wed, 12 Sep 2018, 12:37 PM
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.

 

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GOLD

Gold prices inched down on Wednesday after touching two-week lows in the previous session, with investors staying away from bullion on fears the U.S.-China trade war could escalate.


The trade conflict has prompted investors to buy U.S. dollar in the belief that the United States has less to lose from the dispute, making dollar-priced gold more expensive for non-U.S. buyers.


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Plan A : Buy if market supported firm above 1195. Targets are 1217 and 1234.

Plan B : Sell only if market failed to support above 1195. Targets are 1187 and 1180.

Plan C : Above 1200, no fresh position.

Plan D : Below 1190, no fresh position.
 

 

HSI/HSI Warrant

 

U.S. stocks rose on Tuesday as Apple Inc led a jump in technology shares and a gain of more than 2 percent in oil prices drove up energy shares.

 

Hong Kong shares fell into bear market territory on Tuesday as the Hang Seng index ended at a near 14-month low, with investors around the region fearing further escalation in the Sino-U.S. trade war.

 

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Plan A : Above 26368, do nothing

Plan B : Below 26020, do nothing

Plan C : Attempt buying if market supported and rebounds from 26239

Plan D : Cut below 26159

Plan E : Consider selling if market recovers but fails to breach above 26388

Plan F : Cut above 26482

 

 

FKLI


FKLI was like riding on a roller-coaster on last Friday before the market rested for a long weekend as Monday and Tuesday were holidays for the Malaysians. The market rebounded steadily in the second session as the profit-taking activities started took place and boosted the market to close slightly higher at 1791. However, the market seems like have found its foot above the supports level and trying to recover from the previous losses. Hence, traders are advised to be cautious on the right entry level to avoid any unnecessary losses.

 

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Plan A : Attempt buying if market holds firm above 1790

Plan B : Cut below 1786

Plan C : Consider selling only if market surges but still fails to break above 1796

Plan D : Cut above 1801



FCPO


FCPO experienced sell-off on Friday's morning later flattened and settled at 2266 for close. Dalian and soybean oil are mixed while Ringgit stays weak against the greenback at RM4.14.


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


Plan A : Buy if market supported above 2259. Target are 2277 and 2286.

Plan B : Sell if market failed to support above 2259. Targets are 2245 and 2229.

Plan C : Above 2269, no fresh position.

Plan D : Below 2249, 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.

 

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