Where Futures Lies

Daily Futures Trading Strategy 10 February 2021 (Local Market)

Futurescoin
Publish date: Wed, 10 Feb 2021, 04:20 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 performed well, gaining 11-points to settle at 1589 on Tuesday after more retail businesses were allowed to reopen. Market stands a chance for more gains today if it is able to trade firmly above the 1589-level.
 

To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for February subscription.

 
Plan A : Remain buy as long as market trades firmly above 1589. Targets are 1598 and 1607.
 
 
Plan B : Consider short only if market surges but fails to breach above 1598.5. Targets are 1590.5 and 1584.
 
 
 
FCPO
 
FCPO stabilized and challenged 3600-mark today. Dalian closed +68 at 6882 while soybean oil traded -0.04 at 46.48. 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 February subscription.


Afternoon Plan
Plan A : Long if market supported firm above 3584. Targets are 3605 and 3629.
 
 
Plan B : Short if market failed to support above 3584. Targets are 3561 and 3538.
 
 
 
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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