Where Futures Lies
Daily Futures Trading Strategy 16 April 2021 (Local Market)
Futurescoin
Publish date: Fri, 16 Apr 2021, 03:15 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
Buying interest on index linked stocks were seen on Thursday as both cash and futures market settled above 1600-level. Buying supports are expected to remain for glove counters amid worries on rising numbers of COVID-19 cases in the world.
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 1595.5. Targets are 1615 and 1626.
Plan B : Consider short only if market surges but fails to breach above 1615. Targets are 1606 and 1599.
FCPO
FCPO switched to a new month today with higher opening following the strong regional market. Dalian closed +224 at 7096 while soybean oil traded +0.51 at 53.38. Ringgit stays at RM4.12 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 : Short if market failed to support above 3699. Targets are 3678 and 3658.
Plan B : Long if market supported firm above 3699. Targets are 3721 and 3739.
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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