Where Futures Lies
Daily Futures Trading Strategy 2 July 2021 (Local Market)
Futurescoin
Publish date: Fri, 02 Jul 2021, 03:58 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 closed lower on Thursday despite losses were limited with bargain hunting activities. The news of EMCO being imposed to most parts of Selangor and KL is going to weigh on any gains today.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for July subscription.
Plan A : Remain short as long as market stays trading below 1539. Targets are 1527 and 1520.
Plan B : Consider long only if market trades resiliently above 1527 and rebound. Targets are 1533 and 1539.
FCPO
FCPO hovers around the same range as yesterday. Dalian closed +264 at 7608 while soybean oil traded +0.83 at 62.32. Ringgit stays at RM4.16 against the greenback.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for July subscription.
Afternoon Plan
Plan A : Long if market retraced but supported firm above 3729. Targets are 3750 and 3772.
Plan B : Short if market failed to support above 3729. Targets are 3705 and 3679.
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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