Where Futures Lies
Daily Futures Trading Strategy 3 February 2021 (Local Market)
Futurescoin
Publish date: Wed, 03 Feb 2021, 03:14 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 settled 18.5-points higher on Tuesday, tracking cash market gains buoyed by oil & gas and glove sectors. Market is expected to open higher today with big gains in overnight U.S. markets.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for February subscription.
Plan A : Attempt buy if market trades firmly above 1586. Targets are 1594 and 1598.
Plan B : Consider short only if market surges but fails to breach above 1598.5. Targets are 1589.5 and 1582.5.
FCPO
FCPO plummeted this morning following the weak Dalian and soybean oil. Dalian closed -190 at 6480 while soybean oil traded -0.35 at 43.97. 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 February subscription.
Afternoon Plan
Plan A : Long only if market supported firm above 3309. Targets are 3330 and 3351.
Plan B : Short if market rebounded and failed to support above 3309. Targets are 3289 and 3265.
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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