Where Futures Lies
Daily Futures Trading Strategy 8 March 2021 (Local Market)
Futurescoin
Publish date: Mon, 08 Mar 2021, 03:30 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.
LOCAL MARKET
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FKLI
FKLI jumped 24-points on Friday bolstered by the positive performance of banking stocks and rebound in glove counters. Market is expected to open higher today after U.S. markets surged positively on Friday.
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Plan A : Remain buy as long as market holds firmly above 1590. Targets are 1607 and 1613.
Plan B : Consider short only if market recovers but fails to breach above 1607. Targets are 1598 and 1590.
FCPO
FCPO surged high this morning due to the strong regional markets. Prices tipped at 3954 before a tumble back below 3900's. Dalian closed +310 at 7776 while soybean oil traded +0.80 at 52.60. Ringgit weakened against the greenback recorded the price at RM4.09.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for March subscription.
Plan A : Long if market retraced but supported firm above 3847. Targets are 3868 and 3891.
Plan B : Short if market failed to support above 3847. Targets are 3828 and 3801.
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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