Where Futures Lies
Daily Futures Trading Strategy 3 August 2021 (Local Market)
Futurescoin
Publish date: Tue, 03 Aug 2021, 04:17 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 9-points lower on Monday as market sentiment continued to be affected by high numbers in Covid-19 cases and also domestic political woes.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for August subscription.
Plan A : Remain sell as long as market stays below 1498. Targets are 1479 and 1471.
Plan B : Consider long if market supports above 1479 and rebound. Targets are 1487 and 1492.
FCPO
FCPO is taking a breather after a dive over the past 2 days. Dalian closed -158 at 8188 while soybean oil traded -0.12 at 62.47. Ringgit stays at RM4.22 against the greenback.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for August subscription.
Afternoon Plan
Plan A : Long if market supported firm above 4145. Targets are 4168 and 4191.
Plan B : Short if market failed to support above 4145. Targets are 4122 and 4103.
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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