Where Futures Lies

Daily Futures Trading Strategy 18 September 2019 (Local Market)

Futurescoin
Publish date: Wed, 18 Sep 2019, 03:42 PM
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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 went choppy yesterday despite the big picture is showing a slight bearish signal. The market declined after it had a flat open yesterday and then pulled up last minute as the cash market closed higher. 


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Plan A : Attempt buying if market stays firm above 1591

Plan B : Cut below 1587

Plan C : Consider selling if the market does not breach above 1597

Plan D : Cut above 1601




FCPO


FCPO opened gap down as the Dalian started off weak with double-effect from the overnight soybean oil. Prices hover around 2250's to 2260's till mid afternoon and there is no progress of direction yet. Ringgit stays at RM4.18 against the greenback.

 

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 firm above 2260. Targets are 2274 and 2282.

Plan B : Sell if market failed to support above 2260. Targets are 2242 and 2224.

Plan C : Above 2267, no fresh position.

Plan D : Below 2253, no fresh position. 


 

 

 

Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters, Nasdaq.com, Bloomberg, CNN, Market Watch, FT.com, the Star online, forbes.com and CNBC. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correctaysion, 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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