Where Futures Lies
Daily Futures Trading Strategy 5 January 2020 (Local Market)
Futurescoin
Publish date: Tue, 05 Jan 2021, 12:25 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
FKLI started the new year with some selling pressure, tumbling below 1600-mark following the weaker U.S. market. Market is due for a correction after the sharp recovery from 1449 in early of November.
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Plan A : Short if market failed to support above 1599. Targets are 1593 and 1585.
Plan B : Consider buy only if market supported firm above 1599. Targets are 1606 and 1613.
FCPO
FCPO breached 3700-mark yesterday with a giant step at open. There are some selling pressure today but remain weak with low volume as usual. Dalian closed -54 at 7000 first session while soybean oil +0.25 at 42.38. Ringgit strengthen against the greenback at RM4.00.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for January subscription.
Plan A : Short if market failed to support above 3667. Targets are 3645 and 3620.
Plan B : Consider buy only if market doesn't retrace much and supported firm above 3667. Targets are 3686 and 3702.
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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