Where Futures Lies
Daily Futures Trading Strategy 09 March 2020 (Local Market)
Futurescoin
Publish date: Mon, 09 Mar 2020, 09:18 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 stranded within tight range for the whole session on last Friday as the market was unsure which was the right way to go, despite the overall big picture is still showing bearish signal due to the virus outbreak which already affected more than 100,000 case globally.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for March subscription.
Plan A : Short when market does not breach above 1460. Targets are 1456, 1452 and 1447.5.
Plan B : Cut above 1464.
Plan C : Long only if market tested 1444 and rebounds. Targets are 1448, 1452 and 1455.
Plan D : Cut below 1439.
FCPO
FCPO remained sluggish last Friday despite attempts to hold up during the first session. Market is expected to plunge today, amid weakness in bean and dalian together with global crude oil prices.
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 only if market supported firmly above 2382. Targets are 2402 and 2425.
Plan B : Short if market recovers but fails to breach above 2425. Targets are 2402 and 2382.
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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