Where Futures Lies

Daily Futures Trading Strategy 1 July 2022 (Local Market)

Futurescoin
Publish date: Fri, 01 Jul 2022, 03:05 PM
Futurescoin
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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.

 LOCAL MARKET

 
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FKLI
 
FKLI ended lower as selling pressure picked up the pace while key Asian markets also closed lower.
 

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Plan A : Consider short if the market stays below 1446. Targets are 1429 and 1419.
 
Plan B : Attempt long if the market stays above 1450. Targets are 1457 and 1474
 

 
 FCPO
 
FCPO plummeted down during the first and second section. Dalian closed -612 at 8934 while soybean oil traded -1.58 at 62.88. Ringgit remained at 4.40 against the greenback.
 

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Plan A : Short only if market failed to support above 4656. Targets are 4634 and 4598. 
 
Plan B : Long if market supported firm above 4656. Targets are 4697 and 4721.
 
 
 
 
 
 
 
 
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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