Where Futures Lies
Daily Futures Trading Strategy 15 January 2021 (Local Market)
Futurescoin
Publish date: Fri, 15 Jan 2021, 03:28 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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See next article for the trade plan
LOCAL MARKET
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FKLI
FKLI closed flat yesterday with investors weighing the economic impact of movement control order. Market might face profit taking activities today if it fails to surge and trade above 1640-level today.
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Plan A : Attempt long if market trades firmly above 1630. Targets are 1640.5 and 1650.
Plan B : Consider short only if market surges but fails to breach above 1643. Targets are 1630 and 1618.
FCPO
FCPO plummeted to 3428 second session following the weaker Dalian and soybean oil markets over the lunch. Dalian closed -258 at 6646 while soybean oil traded -0.43 at 42.68. 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 January subscription.
Plan A : Short if market rebounded and resisted around 3485. Targets are 3461 and 3435.
Plan B : Long if market supported firm above 3485. Targets are 3504 and 3529.
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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