Where Futures Lies
Daily Futures Trading Strategy 26 August 2020 (Local Market)
Futurescoin
Publish date: Wed, 26 Aug 2020, 12:41 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
FKLI tumbled down yesterday with gloves counters taking a hit with profit taking activities. Market is expected to have a shaky open today after overnight Dow closed negative. Failure to hold above 1550-level would further pressure FKLI to an even lower level.
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 as long as market stays below 1566. Targets are 1553 and 1547. Cut above 1569.
Plan B : Consider buy only if the market stays firm above 1550. Targets are 1558 and 1566. Cut below 1547.
FCPO
FCPO regain some losses made yesterday, hovering around 2610's to 2630's. Dalian closed -18 at 5570 while soybean oil +0.07. Ringgit stays strong 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.
Afternoon Plan
Plan A : Long if market doesn't retrace much and supported firm above 2638. Targets are 2656 and 2675.
Plan B : Short if market failed to support above 2638. Targets are 2620 and 2605.
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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