Where Futures Lies
Daily Futures Trading Strategy 2 October 2020 (Local Market)
Futurescoin
Publish date: Fri, 02 Oct 2020, 03:46 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
Market is rather weak today attempting to breach through 1480's early morning session. FKLI is leaning towards stronger sell signal provided the resistance remain in tact. Investor might continue with sell attempt.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for October subscription.
Plan A : Long if market doesn't retrace much and supported firm above 1480. Targets are 1487 and 1494. Cut below 1477.
Plan B : Consider short if market rebounded and resisted around 1494. Targets are 1487 and 1479. Cut above 1497.
FCPO
FCPO plummeted to 2693 following the weak soybean oil. Soybean oil is -0.53 at the moment while Ringgit hovers around RM4.15 to RM4.16.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for October subscription.
Plan A : Long only if market supported firm above 2737. Targets are 2755 and 2770.
Plan B : Short if market rebounded and resisted around 2737. Targets are 2719 and 2698.
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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