Where Futures Lies
Daily Futures Trading Strategy 16 October 2019 (Local Market)
Futurescoin
Publish date: Wed, 16 Oct 2019, 04:25 PM
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.
We are expanding to global markets. See next article for the trade plan.
LOCAL MARKET
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CHINESE VERSION of our blog:
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FKLI
FKLI traded the same movement as per Monday as the market moved within 4.5-points, between 1565-1569.5 for the whole day yesterday. The KLCI and FKLI were both boosted by the positive vibes in regional markets, but the investors in the market are still conservative over the uncertainties, which resulted the lack of movement in FKLI.
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 to long if market stays above 1567.5
Plan B : Cut below 1563
Plan C : Consider to short if market inching up but does not breach above 1579
Plan D : Cut above 1583
FCPO
FCPO opened higher this morning due to the strong Dalian and overnight soybean oil market. Second session continue to hover around 2250's and yet to see whether a correction may come today. Ringgit stays 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.
Plan A : Sell if market failed to support above 2252. Targets are 2237 and 2215.
Plan B : Buy if market retraced but supported firm above 2231. Targets are 2245 and 2258.
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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