Where Futures Lies

Daily Futures Trading Strategy 15 December 2020 (Local Market)

Futurescoin
Publish date: Tue, 15 Dec 2020, 12:02 PM
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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 staged a heavy pullback in the afternoon session yesterday after five consecutive sessions of gains, weighed down by uncertainty ahead of the third budget reading in the parliament today.
 

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Plan A : Consider buy if market test and stay firm above 1656. Targets are 1667 and 1675.
 
 
Plan B : Remain sell as long as market stays below 1670. Targets are 1656 and 1647.
 
 
 
FCPO
 
FCPO opened lower today, hovering within the same range as previous days. Dalian closed first session at 6574, +30 while soybean oil traded at 38.57, -0.16. Ringgit stays at RM4.06 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 if market supported firm above 3426. Targets are 3445 and 3466.
 
Plan B : Short if market failed to support above 3426. Targets are 3408 and 3385.
 
 
 
 
 
 
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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