Where Futures Lies

Daily Futures Trading Strategy 14 July 2020 (Local Market)

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Publish date: Tue, 14 Jul 2020, 03:43 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.
Following Message

We are expanding to global markets. 

 See next article for the trade plan.

 

LOCAL MARKET

 

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FKLI

FKLI continued to rally yesterday to the peak at 1611 despite it once broke down to 1594, but it was then supported firm and gradually climbed back to above 1600's.

 

However, the overnight Dow wiped away their gains to only up 10-points. Hence we may expect lower opening in our market today.

 

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 fails to breach above 1604. Targets are 1601, 1597 and 1594. Cut above 1608.

 

Plan B : Long if market rebounds from 1604. Targets are 1607.5, 1610 and 1614. Cut below 1599.

 

 

 

FCPO


FCPO surged the second session following the strong performance from Dalian. Dalian eventually closed +198 at 5200 while soybean oil -0.05. Ringgit stays at RM4.26 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.


Afternoon Plan 

Plan A : Long if market retraced later supported firm above 2445. Targets are 2460 and 2486.

 

Plan B : Short if market failed to support above 2445. Targets are 2431 and 2412.

 

 

 

 

 

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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