Where Futures Lies

Daily Futures Trading Strategy 5 February 2020 (Local Market)

Futurescoin
Publish date: Wed, 05 Feb 2020, 04:00 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 had a great rebound yesterday followed with the recovery in the regional markets and KLCI despite the global fears toward the coronavirus continue to grow.

 

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

 

Plan A : Attempt to short if market recovers but does not surge above 1555. Cut above 1558.

Plan B : Targets are 1551.5, 1548 and 1544.

Plan C : Consider to long if FKLI rebounds from 1534.5. Cut below 1530.

Plan D :Targets are 1538, 1541.5 and 1544.




FCPO


FCPO gap-up at opening and without much retracement, market continue to sky-rocket second session, soared more than 4%. Dalian closed high at 2.3% accompanied by soybean oil with an increase of 1.72%. Ringgit weakened against the greenback at RM4.12.


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


Plan A : Long if market retraced but supported firm above 2746. Targets are 2765 and 2788.

Plan B : Short if market failed to support above 2775. Targets are 2762 and 2746.


 

 

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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