Where Futures Lies

Daily Futures Trading Strategy 21 February 2020 (Local Market)

Futurescoin
Publish date: Fri, 21 Feb 2020, 01:20 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 rebounded from the low of 1529 yesterday and ended the day at high. However, the upside momentum doesn't follow today. Market dropped back to the 1530's region and consolidated for the first session. Direction remain weak.

 

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 1532.5. Targets are 1536.5 and 1539.5. 

Plan B : Short if market failed to support above 1532.5. Targets are 1527.0 and 1523.5.

Plan C : Short if market rebounded but resisted around 1539.5. Targets are 1535.0 and 1531.5.

 



FCPO

 

FCPO opened lower today after a rebound attempt the day before. The market bottomed at 2571 in the morning then climbed back to 2600's level for first session close. Dalian and soybean oil remain positive while Ringgit further weakened against the greenback at RM4.19. 

 

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

 

Afternoon Plan

Plan A : Long if market supported firm above 2591. Targets are 2616 and 2642.

Plan B : Short if market failed to support above 2591. Targets are 2578 and 2559.

 

 

 

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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