Where Futures Lies

Daily Futures Trading Strategy 2 July 2019 (Local Market)

Futurescoin
Publish date: Tue, 02 Jul 2019, 02:19 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.

 

We are expanding to global markets. See next article for the trade plan.

 



LOCAL MARKET



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FKLI

 

FKLI opened higher with a 10-points gap and continued to surge to the peak at 1689.5 before it then closed at 1688. The trend is quite clear now for the buyers and the market is also supported above several support levels.

 

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Plan A : Continue to hold long if market stays above 1682

Plan B : Cut below 1678

Plan C : Consider selling if market surge but does not breach above 1695.5

Plan D : Cut above 1701



FCPO


FCPO opened slightly lower today, visited 1940 and closed 1940's for the first session. Dalian and soybean oil are mixed while Ringgit stays firm at RM4.13 against the greenback.


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


Plan A : Buy only if market supported firm above 1954. Targets are 1968 and 1979.

Plan B : Sell if market failed to support above 1954. Targets are 1941 and 1925.

Plan C : Above 1959, no fresh position.

Plan D : Below 1949, 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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