Where Futures Lies
Daily Futures Trading Strategy 16 June 2021 (Local Market)
Futurescoin
Publish date: Wed, 16 Jun 2021, 03:27 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
Another side-way trading was seen for FKLI yesterday as investors remained cautious ahead of U.S. Federal Reserve meeting. Market likely to perform the same today pending outcome of the meeting.
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Plan A : Attempt short if market consistently trades below 1583.5. Targets are 1576 and 1571.
Plan B : Consider long only if market trades firmly above 1571 and rebound. Targets are 1577 and 1583.5.
FCPO
FCPO continue to head South after a dead-cat bounce yesterday. Dalian closed -108 at 6882 while soybean oil traded -0.91 at 64.66. Ringgit stays at RM4.11 against the greenback.
FCPO continue to head South after a dead-cat bounce yesterday. Dalian closed -108 at 6882 while soybean oil traded -0.91 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.
Afternoon Plan
Plan A : Long if market supported firm above 3439. Targets are 3465 and 3491.
Plan B : Short if market rebounded but failed to support above 3439. Targets are 3411 and 3395.
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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