Where Futures Lies

Daily Futures Trading Strategy 8 July 2022 (Local Market)

Futurescoin
Publish date: Fri, 08 Jul 2022, 03:31 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 ended slightly higher amidst the prevailing cautious sentiment in the market.

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Plan A : Consider long if the market stays above 1422. Targets are 1428 and 1433.
Plan B : Attempt short if the market stays below 1420. Targets are 1416 and 1412

 
FCPO
FCPO opened higher this morning but couldn't sustain and finally dropped back to 4160. Dalian closed +300 at 8238 while soybean oil +0.45 at 60.04. Ringgit stays weak at RM4.42 against the greenback.

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Plan A : Long if the market stays firm above 4237. Targets are 4258 and 4280.
Plan B : Attempt short if the market stays below 4237. Targets are 4215 and 4190.



 
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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