Where Futures Lies
Daily Futures Trading Strategy 21 October 2020 (Local Market)
Futurescoin
Publish date: Wed, 21 Oct 2020, 04:00 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
FKLI had a range bound trading following a listless trading in the cash market. FKLI could open unchanged to slightly higher today after overnight Dow came through unscathed. Gains however, could be limited with level of CMCO got increased and more limitation in people's movement from tomorrow onwards.
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 1513. Targets are 1520 and 1525. Exit below 1509.
Plan B : Short if market consistently trading below 1521. Targets are 1515 and 1510. Cut above 1525.
FCPO
FCPO prices gap-up in the morning, later stabilize above 2900-mark. Dalian closed +164 at 6024 while soybean oil +0.30. 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 : Long if market doesn't retrace much and supported firm above 2911. Targets are 2930 and 2951.
Plan B : Short if market failed to support above 2911. Targets are 2892 and 2870.
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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