Where Futures Lies
Daily Futures Trading Strategy 12 August 2021 (Local Market)
Futurescoin
Publish date: Thu, 12 Aug 2021, 02:05 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 made a remarkable push, touching an intraday high of 1510 before stumbling under pressure to settle at 1500.5 amid plans that parliament meeting will be scheduled on 18th August instead of September which likely to include confidence vote to be held.
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Plan A : Remain buy as long as market trades firmly above 1496. Targets are 1502 and 1510.
Plan B : Consider short if market surges but fails to breach above 1510. Targets are 1502 and 1496.
FCPO
FCPO was experiencing some sell pressure the first session, bringing the price back down below 4500-mark. Dalian traded +238 at 90122 while soybean oil traded -0.11 at 61.49. Ringgit stays at RM4.23 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 4476. Targets are 4498 and 4521.
Plan B : Short if market failed to support above 4476. Targets are 4452 and 4431.
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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