Where Futures Lies

Daily Futures Trading Strategy 23 September 2020 (Local Market)

Futurescoin
Publish date: Wed, 23 Sep 2020, 11:30 AM
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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 was seen trading firm yesterday despite heavy fall from Monday's Dow. The never-say-die spirit would likely push market higher today after overnight Dow came through unscathed. 
 
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Plan A : Short if market surges but fails to breach above 1521. Targets are 1514 and 1505. Cut above 1528.
 
Plan B : Consider buy only if the market stays firm above 1505. Targets are 1513 and 1520. Cut below 1499.
 
 
 
FCPO
 
FCPO dived at open resuming to the downwards momentum. Dalian is trading -154, -2.45% at 6136 while soybean oil -0.06. Ringgit stays at RM4.13 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 : Short if market failed to support above 2920. Targets are 2899 and 2875.
 
Plan B : Long if market doesn't retrace much and supported firm above 2920. Targets are 2939 and 2958.
 
 
 
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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