Where Futures Lies
Daily Futures Trading Strategy 27 November 2020 (Local Market)
Futurescoin
Publish date: Fri, 27 Nov 2020, 11:50 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
Market cheered the passing of Budget2021 with FKLI gaining 12-points for the day, closing at 1611.5 yesterday. Undertone of the market should improved with gloves counters came back strongly, bringing more positive vibes to the market.
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Plan A : Attempt buy if market trades resiliently above 1598. Targets are 1613 and 1619
Plan B : Consider short only if market fails to stays firm above 1598. Targets are 1592 and 1587.
FCPO
FCPO opened higher this morning but it quickly re-paying the gain not long after. Dalian closed first session -24 at 6692 while soybean oil remain close. Ringgit stays at RM4.07 against the greenback.
Plan A : Short if market failed to support above 3244. Targets are 3222 and 3203.
Plan B : Long if market doesn't retrace much and supported firm above 3244. Targets are 3262 and 3285.
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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