Where Futures Lies
Daily Futures Trading Strategy 20 November 2020 (Local Market)
Futurescoin
Publish date: Fri, 20 Nov 2020, 03:17 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 went through a profit taking day yesterday with market closed at near day's low level. Correction could continue today but support level at 1574-75 should be enough to withstand any selling pressure.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for November subscription.
Plan A : Remain short as long as market stays below 1590. Targets are 1583 and 1575.
Plan B : Consider long only if market test support at 1575 and rebound. Targets are 1583 and 1589.
FCPO
FCPO erased the gain in the morning, dived below 3300 the mid-afternoon. Dalian closed -190 at 6778 while soybean oil +0.19 at 39.00. Ringgit stays at RM4.08 against the greenback.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for November subscription.
Plan A : Short if market failed to support above 3287. Targets are 3265 and 3240.
Plan B : Long if market supported firm above 3287. Targets are 3305 and 3324.
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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