Where Futures Lies
Daily Futures Trading Strategy 16 October 2020 (Local Market)
Futurescoin
Publish date: Fri, 16 Oct 2020, 03:56 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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See next article for the trade plan
LOCAL MARKET
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FKLI
FKLI tumbled yesterday, in a day where profit taking activities continue to kick in. Market is likely to have a muted opening today after overnight Dow recovered strongly before closing at down 18-points.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for October subscription.
Plan A : Buy if market supported firmly above 1507. Targets are 1514 and 1521. Exit below 1503.
Plan B : Short if market fails to regain footings above 1514. Targets are 1507 and 1503. Cut above 1518.
FCPO
FCPO switched to new active month today, prices dived below 2900 and remain flat till now. Dalian closed -146 at 6052 while soybean oil +0.14. Ringgit stays at RM4.15 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 : Long if market supported firm above 2882. Targets are 2899 and 2919.
Plan B : Short if market failed to support above 2882. Targets are 2864 and 2840.
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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