Where Futures Lies
Daily Futures Trading Strategy 6 August 2021 (Local Market)
Futurescoin
Publish date: Fri, 06 Aug 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 failed to hold above 1490's today and continue to tumble back to 1480's. This is supported with the weakness in the cash market.
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 1490. Targets are 1479 and 1471.
Plan B : Consider long if market supports above 1479 and rebound. Targets are 1486 and 1490.
FCPO
FCPO runs wild today, pushing the prices up and down between the borders of 4200-mark. Dalian closed +56 at 8486 while soybean oil traded +0.31 at 61.17. Ringgit stays at RM4.21 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.
Plan A : Long if market supported firm above 4213. Targets are 4235 and 4258.
Plan B : Short if market failed to support above 4213. Targets are 4190 and 4168.
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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