Where Futures Lies

Daily Futures Trading Strategy 7 April 2020 (Local Market)

Futurescoin
Publish date: Tue, 07 Apr 2020, 03:13 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 stamped its foot firmly above 1310's yesterday and gradually climbed to 1336.5 before it then slide to close at 1330.5. The overnight Dow rose more than 7% with the hope that the virus outbreak is going to slow-down in the U.S.

 

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

 

Plan A : Short if market does not breach above 1368. Targets are 1364.5, 1361 and 1357.

Plan B : Cut above 1372.

Plan C : Long if market trades firmly above 1334. Targets are 1337.5, 1341 and 1345.

Plan D : Cut below 1330.




FCPO


FCPO flattened till mid-afternoon, struggling to breakthrough 

above 2300's. Dalian closed +76 ended 4910 while soybean oil continue to lie at positive territories. Ringgit stays at RM4.34 against the greenback.


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


Plan A : Long if market supported firm above 2285. Targets are 2317 and 2342.

Plan B : Short if market failed to support above 2285. Targets are 2261. and 2239. 



 

 

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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