Where Futures Lies

Daily Futures Trading Strategy 15 September 2021 (Local Market)

Futurescoin
Publish date: Wed, 15 Sep 2021, 03:54 PM
Futurescoin
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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    
 
FKLI reversed its gain and closed negative on Tuesday. Market potentially be weak for today especially if market fails to climb above the 1559.5 level. Expect market to face further selling pressure unless support level at 1544 not broken.
 

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Plan A : Remain short as long as market stays below 1559.5. Targets are 1544 and 1539.5.
 
Plan B : Consider long only if market supports firmly above 1544 and rebound. Targets are 1551 and 1559.5.
 
 
 
 
FCPO  
 
FCPO leaped to 4400-mark today, attempting to stay supported. Dalian closed +202 at 8442 while soybean oil traded +0.59 at 57.46. Ringgit stays at RM4.15 against the greenback.
 

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Afternoon Plan 
Plan A : Long if market retraced but supported firm above 4423. Targets are 4444 and 4469.
 
Plan B : Short if market failed to support above 4423. Target are 4402 and 4381.
 
 
 
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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