Where Futures Lies

Daily Futures Trading Strategy 11 June 2021 (Local Market)

Futurescoin
Publish date: Fri, 11 Jun 2021, 03:37 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
 
Market continued showing signs of consolidation with FKLI trading directionless on Thursday. Similar trading pattern can be expected today, pending any fresh market catalysts.
 

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Plan A : Remain short as long as market stays trading below 1585. Targets are 1575 and 1571.
 
Plan B : Consider long only if market trades firmly above 1571 and rebound. Targets are 1577 and 1583.
 
 
 
FCPO
 
FCPO flattened after a dip in the morning. Market  attempted to breach above 3800-mark the second session. Dalian closed -188 at 7432 while soybean oil -0.14 at 70.32. Ringgit stays at RM4.10 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 : Short if market failed to support above 3773. Targets are 3750 and 3722.
 
Plan B : Long if market supported firm above 3773. Targets are 3795 and 3808.
 
 
 
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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