Where Futures Lies
Daily Futures Trading Strategy 8 September 2020 (Local Market)
Futurescoin
Publish date: Tue, 08 Sep 2020, 12:09 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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See next article for the trade plan
LOCAL MARKET
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FKLI
FKLI traded firmly yesterday despite early scare in the morning. Market is expected to open little changed today with immediate support seen at 1511 and 1508. Successful hold above these levels might help market elevated to 1520-level in the coming days.
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 stays trading below 1520. Targets are 1511 and 1503. Cut above 1525.
Plan B : Consider buy only if the market stays firm above 1508. Targets are 1515 and 1520. Cut below 1502.
FCPO
FCPO opened higher due to the strong performance from the Dalian market. Dalian closed +76 at 5930 for the first session while soybean oil +0.56. Ringgit weakened 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 : Long if market supported firm above 2842. Targets are 2865 and 2886.
Plan B : Short if market failed to support above 2842. Targets are 2828 and 2807.
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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