Where Futures Lies

Daily Futures Trading Strategy 6 April 2021 (Local Market)

Futurescoin
Publish date: Tue, 06 Apr 2021, 11:27 AM
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 lost 1.5-points on Monday amid selling pressure in heavyweight glove counters. However, market look likely to open higher today after overnight U.S. markets rallied to record levels.
 

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Plan A : Attempt short if market rebounds but fails to breach above 1595.5 . Targets are 1588.5 and 1583.5.
 
Plan B : Consider long only if market holds firm above 1583.5 and rebound. Targets are 1588.5 and 1593.5.
 
 
 
FCPO
 
FCPO continue to hover within 3710's to 3780's with attempt to challenge above 3800. Dalian traded +112 at 7648 while soybean oil traded +0.34 at 53.15. Ringgit stays at RM4.13 against the greenback. 
 

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

 
Plan A : Long if market supported firm above 3770. Targets are 3792 and 3820.
 
Plan B : Short only if market failed to support above 3770. Targets are 3749 and 3721.
 
 
 
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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