Where Futures Lies
Daily Futures Trading Strategy 18 December 2020 (Local Market)
Futurescoin
Publish date: Fri, 18 Dec 2020, 03:26 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 was spooked a little by uplifting of RSS after 31st Dec 2020 but selling pressure was well absorbed by eager buyers yesterday. Market is expected to be positive today and probably resuming its pre year-end rally unless there's any inflow of negative news.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for December subscription.
Plan A : Remain buy as long as market stays firm above 1675. Targets are 1686 and 1692.
Plan B : Consider sell if market surges but fails to breach above 1692. Targets are 1686 and 1676.
FCPO
FCPO recovered from the losses made yesterday, continue to trade above 3400-mark. Dalian closed +104 at 6786 while soybean oil +0.07, traded at 40.00. Ringgit stays at RM4.03 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 : Short if market failed to support above 3420. Targets are 3399 and 3375.
Plan B : Long if market doesn't retrace much and supported firm above 3420. Targets are 3441 and 3463.
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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