Where Futures Lies

Daily Futures Trading Strategy 3 September 2021 (Local Market)

Futurescoin
Publish date: Fri, 03 Sep 2021, 03:11 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 lost 6.5-points on Thursday as profit taking activities kicked up together with a weaker regional market. Market might open unchanged or slight upward bias today after U.S. markets scaled another new high yesterday.
 

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Plan A : Remain sell as long as market stays below 1582. Targets are 1569.5 and 1563.5.
 
Plan B : Consider long only if market able to hold firm above 1569.5 and rebound. Targets are 1577 and 1582.
 
 
 
 
FCPO  
 
FCPO surged today after a few days of weakness. Dalian closed +288 at 8318 while soybean oil traded +0.22 at 59.01. Ringgit stays at RM4.14 against the greenback.
 

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 4325. Targets are 4348 and 4369.
 
Plan B : Short if market failed to support above 4325. Targets are 4302 and 4280.
 
 
 
 
 
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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