Where Futures Lies

Daily Futures Trading Strategy 14 June 2021 (Local Market)

Futurescoin
Publish date: Mon, 14 Jun 2021, 03:42 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 lost 7.5-points, settled right above its immediate support level of 1568. With the extension of FMCO, market is expected to remain range bound unless inflow of fresh market catalysts.
 

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Plan A : Remain short as long as market stays trading below 1583.5. Targets are 1568 and 1560.
 
Plan B : Consider long only if market trades firmly above 1568 and rebound. Targets are 1575.5 and 1582.5.
 
 
 
FCPO
 
FCPO slumped this morning following the dive in the soybean oil market. Dalian closed for the Dumpling's Festival today while soybean oil traded -2.32 at 64.66. Ringgit stays at RM4.11 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 3419. Targets are 3392 and 3365.
 
Plan B : Long if market supported firm above 3419. Targets are 3442 and 3461.
 
 
 
 
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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