Where Futures Lies
Daily Futures Trading Strategy 13 October 2021 (Local Market)
Futurescoin
Publish date: Wed, 13 Oct 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
Bucking weak regional markets trend, FKLI jumped 10.5-points to settle at 1581 level on Tuesday. Market sentiment seen improving day by day with buying interests flowing into banking and telco stocks yesterday.
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Plan A : Remain buy as long as market stays firm above 1571.5. Targets are 1582 and 1587.
Plan B : Consider short if fails to hold above 1577. Targets are 1572 and 1567.
FCPO
FCPO slumped at open but the recovery came fierce not long after the dive. Market reversed the losses and turned back to near record high the second session. Dalian closed +70 at 9484 while soybean oil traded +0.91 at 59.76. Ringgit stays at RM4.16 against the greenback.
Plan A : Long if market retraced but supported firm above 4905. Targets are 4926 and 4948.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for October subscription.
Plan A : Long if market retraced but supported firm above 4905. Targets are 4926 and 4948.
Plan B : Short only if market failed to support above 4905. Targets are 4881 and 4862.
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, mining.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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