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Daily Futures Trading Strategy 2 December 2021 (Local Market)

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Publish date: Thu, 02 Dec 2021, 03:16 PM
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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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                                     LOCAL MARKET

 
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FKLI 
 
Market tumbled to a fresh near four-month low on Wednesday as investors trimmed positions following heavy losses from Wall Street and worries over the economic impact from the new variant, Omicron.
 

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Plan A : Remain short as long as market stays below 1509. Targets are 1490 and 1484.
 
 
Plan B : Consider long if market supported well above 1484 and rebound. Targets are 1498 and 1509.
 
 

FCPO
 
FCPO plummeted the first and second session, bringing the price  down to 4568. Dalian closed -34 at 9102 while soybean oil is traded +0.2 at 55.38. Ringgit maintained at RM4.22 against the greenback.

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 4654. Targets are 4677 and 4693.
 
Plan B : Short if market failed to support above 4654. Targets are 4639 and 4616.


 
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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