Where Futures Lies
Daily Futures Trading Strategy 13 April 2021 (Local Market)
Futurescoin
Publish date: Tue, 13 Apr 2021, 02:29 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
Weakness was seen yesterday with FKLI hovering in a 10-points trading range and settled down 8.5-points for the day. Lack of positive catalyst prompted profit taking activities, preventing market from surging further. It will be important to watch if market could close above the phycological level of 1600 today.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for April subscription.
Plan A : Remain buy as long as market stays firm above 1599. Targets are 1606 and 1615.
Plan B : Consider short only if market surges but fails to breach above 1615. Targets are 1606 and 1600.
FCPO
FCPO struggled to climb back to 3700-mark the first session. Dalian and soybean oil are rebounding from the low, recording 6780 and 50.12 respectively. 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 3708. Targets are 3729 and 3750.
Plan B : Short if market failed to support above 3708. Targets are 3687 and 3665.
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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