Where Futures Lies

Daily Futures Trading Strategy 2 October 2019 (Local Market)

Futurescoin
Publish date: Wed, 02 Oct 2019, 04:26 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 yesterday and continued to trade above support levels despite it was still resisted before 1590's. The market could have tangled between 1570-1590's for the time being as the market could not show a clear direction yet to which path it is heading to.

 

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

 

 

Plan A : Attempt buying if market stays does not falls below 1578

Plan B : Cut below 1574

Plan C : Consider selling if market still does not breach above 1590.5

Plan D : Cut above 1595

 

 

FCPO

 

FCPO opened lower today rebounded to 2168 before a dive back to 2140's. Soybean oil is lying at slight positive net change while Ringgit remain weak at RM4.19 against the greenback.

 

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

 

Afternoon Plan 

 

Plan A : Buy only if market supported firm above 2147. Targets are 2159 and 2170.

Plan B : Sell if market failed to support above 2147. Targets are 2135 and 2122.

 

 

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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