Where Futures Lies
Daily Futures Trading Strategy 14 August 2020 (Local Market)
Futurescoin
Publish date: Fri, 14 Aug 2020, 03:31 PM
Futurescoin
0 3,350
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
Market did a remarkable recovery yesterday and settled at day's high level of 1577.5. The bulls are trying to fight back but stability would still be questioned today unless FKLI manage to push and holds firm above 1579 today.
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Plan A : Short if market recovers but still trades below 1579. Targets are 1572 and 1566. Cut above 1584.
Plan B : Consider buy only if the market stays firm above 1566. Targets are 1572 and 1579. Cut below 1561.
FCPO
FCPO dived the second session, retraced back below 2700. Dalian closed +28 at 5830 while soybean oil -0.12. Ringgit stays at RM4.19 against the greenback.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for August subscription.
Plan A : Short if market failed to support above 2692. Targets are 2670 and 2648.
Plan B : Long only if market supported firm above 2692. Targets are 2713 and 2736.
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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