Where Futures Lies
Daily Futures Trading Strategy 11 January 2021 (Local Market)
Futurescoin
Publish date: Mon, 11 Jan 2021, 02:54 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 surged strongly last Friday, settling at 1630.5 with gloves counters heading the gains. Market is expected to have a caution opening today amid politic uncertainties and expected stricter movement control to be announced today by our prime minister.
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Plan A : Attempt short if market stays trading below 1634. Targets are 1624.5 and 1615.5
Plan B : Consider long only if market trades firmly above 1624.5. Targets are 1634 and 1648
FCPO
FCPO dived to 3740 second session, following the weakness from soybean oil and Dalian market. Dalian -100 at 7138 while soybean oil -0.51 at 43.08. 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 January subscription.
Plan A : Short if market failed to support above 3772. Targets are 3749 and 3720.
Plan B : Long if market doesn't retrace much and supported firm above 3772. Targets are 3793 and 3810.
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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