Where Futures Lies

Daily Futures Trading Strategy 20 February 2020 (Local Market)

Futurescoin
Publish date: Thu, 20 Feb 2020, 04:39 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 traded below 1540's after it had flushed down upon KLCI opening and stayed weak for the full session to  have a weak close at 1532.5. The market may still continue to go south if it cannot rebounds to above 1550's.

 

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

 

Plan A : Attempt to short if market rebounds but does not breach above 1545.5. Targets are 1542, 1538 and 1535.

Plan B : Cut above 1549.

Plan C : Long if market rebounds from 1538.5. Targets are 1541.5, 1544 and 1547.5.

Plan D : Cut below 1535.



FCPO

 

FCPO rebounded from the low of 2516 over the mid-afternoon session and touched the high at 2591. Dalian turnaround the second session and closed +22, +0.4%, to end the day at 5504. Soybean oil is slightly weak while Ringgit weakened against the greenback at RM4.18.

 

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

 

Plan A : Long if market supported firm above 2566. Targets are 2588 and 2625.

Plan B : Short if market market failed to support above 2566. Targets are 2548 and 2520.

 

 

 

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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