Where Futures Lies
Daily Futures Trading Strategy 4 June 2021 (Local Market)
Futurescoin
Publish date: Fri, 04 Jun 2021, 04:02 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 snapped a two-days gain, losing 5.5-points on Thursday. Selldown was seen in gloves and vaccine-related stocks yesterday with investors profit take with market lack of fresh catalyst, couple with coming Monday being a public holiday due to Agong's birthday celebration, market is expected to remain lackluster today.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for June subscription.
Plan A : Remain buy as long as market trades firmly above 1582.5. Targets are 1591.5 and 1600.
Plan B : Consider short if market surges but fails to breach above 1600. Targets are 1591.5 and 1588.
FCPO
FCPO slumped at open struggling to stay firm above 4100-mark throughout the sessions. Dalian closed -86 at 7942 while soybean oil traded +0.41 at 69.26. 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 June subscription.
Afternoon Plan
Plan A : Long only if market supported firm above 4128. Targets are 4152 and 4175.
Plan B : Short if market failed to support above 4128. Targets are 4105 and 4080.
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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