Where Futures Lies

Daily Futures Trading Strategy 21 December 2020 (Local Market)

Futurescoin
Publish date: Mon, 21 Dec 2020, 04:00 PM
Futurescoin
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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    
 
FKLI opened well last Friday before tumbling due to profit taking activities. Market is expected to be lackluster today with investors staying cautious coming to the last 10 days of year 2020. 
 

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Plan A : Attempt sell if market stays below 1660. Targets are 1650 and 1637.
 
 
Plan B : Consider buy only market trades resiliently above 1656. Targets are 1663 and 1675.
 
 
FCPO
 
FCPO continue to run flat above 3400-mark. Dalian closed +46 at 6780 while soybean oil -0.23 at 39.44. 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 if market doesn't retrace much and supported firm above 3427. Targets are 3445 and 3468.
 
Plan B : Short if market failed to support above 3427. Targets are 3405 and 3382.
 
 
 
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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