Where Futures Lies

Daily Futures Trading Strategy 22 June 2020 (Local Market)

Futurescoin
Publish date: Mon, 22 Jun 2020, 02:58 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 has been showing minor selling signal since last week as it failed several attempts to rebound above the resistant levels, and it fell below 1500 twice in last week.

 

Today the FKLI may open lower as the overnight Dow closed lower for more than 200-points on Friday.

 

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

 

Plan A : Short if the market stays below 1503.5. Targets are 1499, 1495.5 and 1491. Cut above 1507.

 

 

Plan B : Long if market rebounds from 1505. Targets are 1508.5, 1512 and 1516.5. Cut below 1501.




FCPO


FCPO opened lower this morning after a surge from the previous session. Market has been hovering within the 2440's since morning and volume significantly reduced over the last few trading sessions. Dalian and soybean oil is mixed while the Ringgit stays at RM4.27 against the greenback.


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


Plan A : Long if market supported firm above 2447. Targets are 2474 and 2496.

 

Plan B : Short if market failed to support above 2447. Targets are 2425 and 2401.

 

 

 

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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