Where Futures Lies
Daily Futures Trading Strategy 31 May 2021 (Local Market)
Futurescoin
Publish date: Mon, 31 May 2021, 03:02 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 gained 13.5-points on Friday on late minute buying tracking gains in Asian markets. However, with a sudden implementation of nationwide full lockdown announced by our Prime Minister, market is expected to be volatile today with risk skewed towards the downside.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for June subscription.
Plan A : Attempt sell if market trades below 1571.5. Targets are 1564 and 1555.
Plan B : Consider long only if market supports above 1555 and rebound. Targets are 1564 and 1571.5.
FCPO
FCPO is pressurized since morning following the volatile regional markets. Dalian closed -92 at 7546 while soybean oil is closed for Memorial Day. 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 June subscription.
Plan A : Long if market supported firm above 3931. Targets are 3952 and 3975.
Plan B : Short if market failed to support above 3931. Targets are 3910 and 3882.
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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