Where Futures Lies
Daily Futures Trading Strategy 3 September 2020 (Local Market)
Futurescoin
Publish date: Thu, 03 Sep 2020, 12:28 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.
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LOCAL MARKET
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FKLI
FKLI continued its recovery yesterday with market closing at near day's high level. FKLI is expected to open firmer today after overnight Dow gained 454-points. However, cautious trading can still be expected as market is still on a sell signal.
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Plan A : Short if market recovers but fails to breach above 1548. Targets are 1541 and 1537. Cut above 1553.
Plan B : Consider buy only if the market stays firm above 1537. Targets are 1544 and 1548. Cut below 1533.
FCPO
FCPO continue to skyrocket, staying firm above 2800's for the first session. Dalian closed +112 at 5978 for lunch while soybean oil +0.13. Ringgit stays strong against the greenback at RM4.14
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 2857. Targets are 2834 and 2812.
Plan B : Long if market retraced later supported firm above 2834. Targets are 2851 and 2878.
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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