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Daily Futures Trading Strategy 13 December 2021 (Local Market)

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Publish date: Mon, 13 Dec 2021, 03:33 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 
 
FKLI ended near its intraday low on Friday amid concern over Omicron variant restrictions while selling pressure in heavyweight glove makers Top Glove and Hartalega.
 

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Plan A: Attempt long if the market trades firmly above 1488. Targets are 1495 and 1501.
 
 
Plan B: Consider short if the market fails to stay above 1501. Targets are 1495 and 1489.
 
 
 
FCPO
 
FCPO surged up on the second section and continue to move up north. Dalian closed -102 at 7986 while soybean oil traded +0.06 at 53.75. Ringgit strengthen to RM4.21 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.


Afternoon Plan
Plan A : Long if market retraced and supported firm above 4784. Targets are 4816 and 4830.
 
Plan B : Short only if market failed to support above 4784. Targets are 4769 and 4744.


 
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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