Where Futures Lies
Daily Futures Trading Strategy 25 May 2021 (Local Market)
Futurescoin
Publish date: Tue, 25 May 2021, 02:56 PM
Futurescoin
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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.
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FKLI
FKLI snapped three-day losing streak and closed gaining 12.5-points on Monday, cheering government's decision to mandate a tighter SOP instead of a full lockdown. Market however, look likely to have a muted opening today with investors still cautious with the rising COVID-19 cases in Malaysia.
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Plan A : Attempt buy if market supports firmly above 1562 and rebound. Targets are 1571.5 and 1575.5.
Plan B : Consider short only if market recovers but fails to breach above 1575.5. Targets are 1567.5 and 1562.
FCPO
FCPO opened higher this morning following the recovery from the regional markets. Prices climbed back to 4000-mark rebounding from the slump yesterday. Dalian traded +50 at 7640 while soybean oil traded +1.08 at 66.21. Ringgit stays at RM4.14 against the greenback.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for June subscription.
Plan A : Long if market supported firm above 4010. Targets are 4031 and 4052.
Plan B : Short if market failed to support above 4010. Targets are 3989 and 3965.
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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