Where Futures Lies
Daily Futures Trading Strategy 27 August 2021 (Local Market)
Futurescoin
Publish date: Fri, 27 Aug 2021, 03:10 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.
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FKLI
Market surged to a fresh two-month high on Thursday as political stability encouraged investors to take up positions. The impending announcement on new Cabinet lineup scheduled for 11am today would further lend support to the market despite overbought situation after a run-up of more than 100-points from the low achieved early this month.
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Plan A : Remain buy as long as market trades firmly above 1577. Targets are 1599 and 1607.5.
Plan B : Consider short only if market surges but fails to breach above 1599.5. Targets are 1585.5 and 1577.
FCPO
FCPO flattened today, remain to stay within 4300-4400 range. Dalian closed -74 at 8266 while soybean oil traded -1.00 at 59.03. Ringgit strengthen against the greenback at RM4.18.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for September subscription.
Afternoon Plan
Plan A : Long if market supported firm above 4363. Targets are 4385 and 4410.
Plan B : Short if market failed to support above 4363. Targets are 4340 and 4315.
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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