Where Futures Lies
Daily Futures Trading Strategy 25 August 2020 (Local Market)
Futurescoin
Publish date: Tue, 25 Aug 2020, 11:42 AM
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 continued trading in consolidation stage with 10-points trading range yesterday. Market is expected to open slightly positive today after overnight Dow gained 378-points. Gains however, could be capped with profit taking activities expected to kick in as long as market still trading within the range of 1568-1584.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for September subscription.
Plan A : Short if market surges but still trades below 1584. Targets are 1578 and 1571. Cut above 1586.
Plan B : Consider buy only if the market stays firm above 1570. Targets are 1578 and 1584. Cut below 1565.
FCPO
FCPO topped at 2700 early session before a tumble back to 2650's. Dalian closed first session +8 at 5596 while soybean oil +0.32. Ringgit strengthen against the greenback at RM4.16.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for September subscription.
Plan A : Short if market failed to support above 2665. Targets are 2643 and 2625.
Plan B : Long if market retraced but supported firm above 2665. Targets are 2682 and 2702.
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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