Where Futures Lies

Daily Futures Trading Strategy 30 September 2020 (Local Market)

Futurescoin
Publish date: Wed, 30 Sep 2020, 02:47 PM
Futurescoin
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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 spot month is experiencing settlement today and market remain above 1500's for early morning session. Investor might continue to trade within consolidation as market has been hovering around the block for weeks. 
 
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October Month 
Plan A : Long if market trades firmly above 1502. Targets are 1509 and 1516. Cut below 1498.
 
Plan B : Consider short if market rebounded and resisted around 1516. Targets are 1507 and 1500. Cut above 1520.
 
 
 
 
FCPO
 
FCPO dived early morning following the weak performance from the China market. Dalian traded -160 at 5752 while soybean oil -0.46. 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 October subscription.
 
 
Plan A : Short if market failed to support above 2736. Targets are 2717 and 2692.
 
Plan B : Long only if market supported firm above 2736. Targets are 2755 and 2773.
 
 
 
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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