Where Futures Lies
Daily Futures Trading Strategy 3 December 2020 (Local Market)
Futurescoin
Publish date: Thu, 03 Dec 2020, 03:05 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
Market seems like going through a consolidation stage now with no clear market direction. However, undertone of market still considered firm despite some minor scare along the way. Buying on dips could be a safer bet for now.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for December subscription.
Plan A : Attempt sell if market trades below 1599. Targets are 1589 and 1583.
Plan B : Consider buy only if market tested and rebound from 1588. Targets are 1593 and 1598.
FCPO
FCPO continue to stay above 3300-mark today, moving within a tight range. Dalian closed +54 at 6662 while soybean oil +0.26 at 37.18. Ringgit stays at RM4.07 against the greenback.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for December subscription.
Afternoon Plan
Plan A : Long if market supported firm above 3310. Targets are 3331 and 3349.
Plan B : Short if market failed to support above 3310. Targets are 3289 and 3268.
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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