Where Futures Lies
Daily Futures Trading Strategy 18 September 2020 (Local Market)
Futurescoin
Publish date: Fri, 18 Sep 2020, 03:52 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 tumbled after a higher opening yesterday. However, FKLI managed to defend and hold above its daily support level of 1505.5 before setting at 1509.5. With overnight Dow reduced its losses for a better-than-expected fall, market is expected to open slightly positive 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 surges but fails to breach above 1516.5. Targets are 1511 and 1506. Cut above 1522.
Plan B : Consider buy only if the market stays firm above 1511. Targets are 1516.5 and 1522. Cut below 1505.5.
FCPO
FCPO once again surged at open, visited 3061 towards the first session close. Dalian ended +170 at 6384 while soybean oil +0.48. Ringgit strengthen against the greenback at RM4.12.
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 3033. Targets are 3015 and 2997.
Plan B : Long if market retraced but supported firm above 3033. Targets are 3049 and 3065.
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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