Where Futures Lies
Daily Futures Trading Strategy 15 October 2020 (Local Market)
Futurescoin
Publish date: Thu, 15 Oct 2020, 11:11 AM
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 experienced a profit taking selling day yesterday but still managed to hold above its support level of 1511. Market is expected to open lower today after losses in overnight Dow but might not fell much with the undertone of the market still intact.
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Plan A : Buy if market supported firmly above 1511. Targets are 1521 and 1528. Exit below 1507.
Plan B : Short if market fails to regain footings above 1521. Targets are 1514 and 1511. Cut above 1525.
FCPO
FCPO resisted around 3000 early first session later tumbled to 2970's. Dalian traded -40 at 6180 while soybean oil -0.12. Ringgit stays at RM4.14 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 2981. Targets are 2957 and 2931.
Plan B : Long if market doesn't retrace much and supported firm above 2981. Targets are 2999 and 3029.
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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