Where Futures Lies
Daily Futures Trading Strategy 10 September 2020 (Local Market)
Futurescoin
Publish date: Thu, 10 Sep 2020, 03:18 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
Market closed near day's low level yesterday but expected to open higher today after overnight Dow gained 439-points. Gains however, likely to be capped as investors will be waiting to see if Bank Negara Malaysia take another rate cut today.
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 1507. Targets are 1500 and 1494. Cut above 1511.
Plan B : Consider buy only if the market stays firm above 1494. Targets are 1502 and 1507. Cut below 1490.
FCPO
FCPO attempted to drop below 2800-mark today but not for long. The market rebounded back to 2800's before the first session close. Dalian closed -14 at 5882 while soybean oil +0.01. Ringgit stays at RM4.16 against the greenback.
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 2818. Targets are 2840 and 2862.
Plan B : Short if market failed to support above 2818. Targets are 2795 and 2778.
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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