Where Futures Lies
Daily Futures Trading Strategy 6 September 2021 (Local Market)
Futurescoin
Publish date: Mon, 06 Sep 2021, 03:20 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 recovered from a low of 1568 to close higher on Friday as investors were drawn by the lower share prices after four consecutive days of decline. Market is expected to open higher today after a well supported correction stage.
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Plan A : Attempt buy if market trades firmly above 1577. Targets are 1582 and 1586.
Plan B : Consider short only if market rebounds but fails to breach above 1586. Targets are 1579 and 1573.5.
FCPO
FCPO is taking a breather after a leap from last week. Dalian closed +164 at 8350 while soybean oil closed for holiday. 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.
Plan A : Long if market supported firm above 4345. Targets are 4368 and 4389.
Plan B : Short if market failed to support above 4345. Targets are 4322 and 4301.
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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