Where Futures Lies

Daily Futures Trading Strategy 11 June 2020 (Local Market)

Futurescoin
Publish date: Thu, 11 Jun 2020, 03:51 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 was moving flat yesterday by hovering at 1570's for almost the full session as the market was lack of booster and the investors were lost in market direction.

 

The market may retrace today as the overnight Dow wiped up 1% from their previous gains.
 

 

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

 

Plan A : Attempt to short if market does not breach above 1574. Targets are 1570, 1566 and 1561. Cut above 1578.

 

 

Plan B : Long if market tested and rebounds from 1565. Targets are 1569, 1572 and 1575. Cut below 1561.

 




FCPO


FCPO ended higher first session before the storm came in. Mid-afternoon prices dive due to the weaker Dalian and soybean oil. Dalian recovered at close to down 44 while soybean oil down 0.2. Ringgit stays at RM4.25 against the greenback.  
 


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


Plan A : Short if market failed to support above 2348. Targets are 2325 and 2301.


Plan B : Long only if market supported firm above 2348. Targets are 2369 and 2385.  

 

 

 

 

 

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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