Where Futures Lies
Daily Futures Trading Strategy 20 November 2019 (Local Market)
Futurescoin
Publish date: Wed, 20 Nov 2019, 04:16 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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FKLI
FKLI recovered from morning's slump and closed almost at day's high level yesterday. Market is expected to consolidate today amid lack of fresh catalyst. Range trading day to be expected today.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for December subscription.
Plan A : Continue to long as long if market stands firm above 1598.5. Cut below 1595.
Plan B : Targets are 1601, 1604 and 1607.5.
Plan C : Attempt to sell if markets surge but does not breach above 1610. Cut above 1614.5.
Plan D :Targets are 1607, 1604 and 1601.
FCPO
FCPO opened gap-up this morning and without much correction, market continue to ramp up to 2696 in the mid-afternoon. Dalian closed limit up today and ended at 5626 while soybean oil is at 31.19, +0.23. Ringgit stood firm at RM4.15 for over the past 2 days.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for December subscription.
Afternoon Plan
Plan A : Short only if market failed to support above 2682. Targets are 2669 and 2634.
Plan B : Long if market retraced but supported firm above 2682. Targets are 2698 and 2713.
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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