Where Futures Lies
Daily Futures Trading Strategy 06 March 2020 (Local Market)
Futurescoin
Publish date: Fri, 06 Mar 2020, 09:36 AM
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 fails to hold above 1580's yesterday after it surged to the weekly high at 1585. The market then gradually decline and closed at 1477 at the end of the session. However, it may continue to be choppy today as Dow plunged more than 3% yesterday due to the fear of the flu-like virus outbreak as California declared emergency state.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for March subscription.
Plan A : Continue to hold short as long as market stays below 1475. Targets are 1471, 1467.5 and 1464.
Plan B : Cut above 1479.
Plan C : Long if market tested 1461 and rebounds. Targets are 1464.5, 1468 and 1472.
Plan D : Cut below 1456.
FCPO
Profit taking activities kicked in yesterday after market failed to break above 2591 on its surge. Market is expected to consolidate today with profit taking expected to stay ahead of the weekend. Strong RM is also expected to weigh on any gains for FCPO today.
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 2480. Targets are 2542 and 2591.
Plan B : Short if market surges but fails to breach above 2591. Targets are 2542 and 2533.
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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