Where Futures Lies

Daily Futures Trading Strategy 18 March 2021 (Local Market)

Futurescoin
Publish date: Thu, 18 Mar 2021, 03:50 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 closed lower despite erased earlier losses on last minute buying interest ahead of the government's announcement of a new stimulus package.
 

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Plan A : Remain buy as long as market holds firmly above 1613. Targets are 1627 and 1635.
 
Plan B : Consider short only if market surges but fails to breach above 1627.5. Targets are 1619 and 1613.
 
 
 
FCPO
 
FCPO lost its ground after a brief visit to 3911. Dalian closed -18 at 7774 while soybean oil traded -0.20 at 54.40. Ringgit stays at RM4.10 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.


Afternoon Plan
Plan A : Short if market rebounded but failed to support above 3859. Targets are 3835 and 3810.
 
Plan B : Long only if market supported firm above 3859. Targets are 3880 and 3902.
 
 
 
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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