Where Futures Lies

Daily Futures Trading Strategy 21 June 2021 (Local Market)

Futurescoin
Publish date: Mon, 21 Jun 2021, 03:49 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 did a remarkable rebound from an intraday low of 1560.5 to settle at 1580-level, gaining 15.5-points for the day on Friday. After the rather hawkish view from U.S. Federal Reserve and also fluid domestic politics, market is expected to open lower today.
 

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Plan A : Attempt short if FKLI trades below 1576 consistently. Targets are 1569 and 1560.
 
Plan B : Consider long only if market trades firmly above 1569 and rebound. Targets are 1576 and 1580.5.
 
 
 
FCPO
 
FCPO struggled to stay above 3400-mark after a quick bounce back last Friday. Dalian closed +74 at 6816 while soybean oil traded -1.23 at 54.78. Ringgit stays at RM4.14 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 3365. Targets are 3342 and 3318.
 
Plan B : Long only if market supported firm above 3365. Targets are 3389 and 3410.
 
 
 
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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