Where Futures Lies
Daily Futures Trading Strategy 11 December 2020 (Local Market)
Futurescoin
Publish date: Fri, 11 Dec 2020, 03:28 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
Market continue its bullish undertone with FKLI settled above 1650-level for the first time this year. Market is expected to remain firm today with oil counters in focus after overnight crude oil prices shot up.
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Plan A : Remain buy as long as market stays firm above 1639. Targets are 1651.5 and 1656.
Plan B : Consider sell only if market fails to breach above 1656. Targets are 1646.5 and 1640.
FCPO
FCPO stabilized above 3400's today after a dive to 3340 recently. Dalian closed +246 at 7022 while soybean oil +0.23 at 38.29. Ringgit stays at RM4.04 against the greenback.
FCPO stabilized above 3400's today after a dive to 3340 recently. Dalian closed +246 at 7022 while soybean oil +0.23 at 38.29. Ringgit stays at RM4.04 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.
Plan A : Long only if market supported firm above 3444. Targets are 3468 and 3485.
Plan B : Short if market failed to support above 3444. Targets are 3421 and 3398.
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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