Where Futures Lies

Daily Futures Trading Strategy 4 May 2020 (Local Market)

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Publish date: Mon, 04 May 2020, 03:48 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 had a quick surge to settle at near 2% higher on the last trading day of April before the long weekend started. Most of the investors then took profit and stay away from the holidays.

 

However, with the plunge in the overnight Dow market for almost 3%, we may expect a decline in our market today.

 

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 breaks below 1400. Targets are 1396, 1392 and 1388.

Plan B : Cut above 1405.

Plan C : Long if market rebounds from 1388. Targets are 1392 and 1395.

Plan D : Cut below 1384.




FCPO


FCPO flattened for the first session with minimal anticipation from the traders and investors. Dalian closed +100, ended at 4462 while soybean oil -0.33. Ringgit stays at RM4.31. 

 

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 2023. Targets are 2042 and 2065.

Plan B : Short if market failed to support above 2023. Targets are 2002 and 1985.  

 



 

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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