Where Futures Lies

Daily Futures Trading Strategy 28 April 2020 (Local Market)

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Publish date: Tue, 28 Apr 2020, 04:30 PM
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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.
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  We are expanding to global markets. 

 See next article for the trade plan.

 

LOCAL MARKET

 

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FKLI

FKLI continued to be consolidated for nearly the whole session yesterday as most of the regional markets were moving flat too. Temporary supports were formed and got to see if they are really supported to lead the market.

 

Market is expected to open firmer today after Dow gained more than 3500-points last night.
 

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

 

Plan A : Short if market tested 1387 but does not breach above it. Targets are 1384, 1380.5 and 1376.

Plan B : Cut above 1391.

Plan C : Long if market rebounds from 1383. Targets are 1387, 1391 and 1395.

Plan D : Cut below 1379.




FCPO


FCPO flattened today after a dive below 2000's since morning. Dalian closed -6 ended 4324 while soybean oil  -0.12. Ringgit stays at RM4.36 against the greenback.


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


Plan A : Long if market supported firm above 2024. Targets are 2048 and 2069.

Plan B : Short if market rebounded but failed to support above 2024. Targets are 2001 and 1979. 


 

 

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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