Where Futures Lies

Daily Futures Trading Strategy 10 March 2021 (Local Market)

Futurescoin
Publish date: Wed, 10 Mar 2021, 03:13 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.

                                            LOCAL MARKET

 
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FKLI   
 
FKLI rose 13.5-points on Tuesday, lifted by gains in glove counters and buying interests amid optimism over economic recovery.
 

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Plan A : Remain buy as long as market holds firmly above 1613. Targets are 1630 and 1635.
 
Plan B : Consider short only if market surges but fails to breach above 1630. Targets are 1623 and 1619. 
 
 
 
 
FCPO
 
FCPO surged back up to 3900-mark the second session, regaining the losses made in the morning. Dalian turnaround and closed +26 at 7792 while soybean oil traded +0.02 at 53.57. Ringgit further down against the greenback at RM4.12.
 

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

 
Afternoon Plan
Plan A : Long if market retraced but supported firm above 3918. Targets are 3939 and 3961.
 
Plan B : Short if market failed to support above 3918. Targets are 3895 and 3870. 
 
 
 
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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