Where Futures Lies
Daily Futures Trading Strategy 27 August 2020 (Local Market)
Futurescoin
Publish date: Thu, 27 Aug 2020, 02:39 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 did a splendid recovery yesterday with market recovered from an intraday low of 1536 and settled at 1549. Market is expected to open firmer today after overnight Dow gained 83-points. Investors however, would likely stay sideline for the time being as market is still unstable yet despite temporary found a bottom.
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 1560. Targets are 1553 and 1547. Cut above 1567.
Plan B : Consider buy only if the market stays firm above 1548. Targets are 1557 and 1566. Cut below 1543.
FCPO
FCPO opened slightly higher in the morning, tipped at 2685 early afternoon. Dalian is trading +96 at 5636 while soybean oil +0.09. Ringgit stays strong against the greenback at RM4.17.
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 supported firm above 2669. Targets are 2690 and 2719.
Plan B : Short if market failed to support above 2669. Targets are 2650 and 2632.
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 correction, 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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