Where Futures Lies
Daily Futures Trading Strategy 15 March 2021 (Local Market)
Futurescoin
Publish date: Mon, 15 Mar 2021, 03:17 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 fell 15.5-points on Friday on profit taking in line with mixed performances demonstrated by other leading bourses in the region. Market however, is expected to open higher today after a 0.9% gain in Friday's Dow.
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Plan A : Remain buy as long as market holds firmly above 1613. Targets are 1619 and 1627.
Plan B : Consider short only if market surges but fails to breach above 1622. Targets are 1616 and 1613.
FCPO
FCPO opened higher this morning to a record of 4175 in view of the strong regional markets. Dalian closed -12 at 8000 while soybean oil traded -0.02 at 55.34. Ringgit stays at RM4.11 against the greenback.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for March subscription.
Plan A : Short if market failed to support above 4101. Targets are 4079 and 4052.
Plan B : Long only if market supported firm above 4101. Targets are 4122 and 4145.
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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