Where Futures Lies
Daily Futures Trading Strategy 28 September 2021 (Local Market)
Futurescoin
Publish date: Tue, 28 Sep 2021, 03:15 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 traded sideways on Monday as investors digesting the 12th Malaysia Plan while awaiting more clarity on potential taxes to shore up government revenues.
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Plan A : Attempt sell if market surges but fails to breach above 1530.5. Targets are 1520.5 and 1514.
Plan B : Consider long only if market tested support at 1520.5 and rebound. Targets are 1526 and 1530.5.
FCPO
FCPO recovered the losses made this morning, turning back to the positive territories. Dalian closed -14 at 8650 while soybean oil traded -0.24 at 57.87. Ringgit stays at RM4.18 against the greenback.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for October subscription.
Afternoon Plan
Plan A : Long if market retraced but supported firm above 4404. Targets are 4425 and 4450.
Plan B : Short if market failed to support above 4404. Targets are 4383 and 4359.
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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