Where Futures Lies
Daily Futures Trading Strategy 28 October 2021 (Local Market)
Futurescoin
Publish date: Thu, 28 Oct 2021, 04:14 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 inched higher before retreated in the early session on Wednesday as sentiments appeared mixed ahead of the Budget 2022 on Friday despite mild buying interest in index-linked heavyweight.
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Plan A : Remain sell as long as market stays below 1587. Targets are 1574 and 1571.5.
Plan B : Consider long if market supports firmly above 1571.5 and rebounds. Targets are 1580 and 1587.
FCPO
FCPO dived this morning following the retreat from the regional markets. Dalian closed -190 at 9442 while soybean oil traded -0.44 at 60.98. Ringgit stays at RM4.14 against the greenback.
Plan A : Long only if market supported firm above 4899. Targets are 4920 and 4941.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for November subscription.
Plan A : Long only if market supported firm above 4899. Targets are 4920 and 4941.
Plan B : Short if market failed to support above 4899. Targets are 4878 and 4855.
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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