Where Futures Lies
Daily Futures Trading Strategy 5 August 2022
Futurescoin
Publish date: Fri, 05 Aug 2022, 03:30 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 higher on strong buying interest, mainly driven by technology, telecommunications and healthcare counters.
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Plan A : Consider long if the market stays above 1501. Targets are 1511 and 1517.
Plan B : Attempt short if the market stays below 1498. Targets are 1495 and 1484
FCPO
FCPO flattened after a gap-up in the morning. The prices busy running up and down within the 3900's border 'till present. Dalian closed +208 at 8132 while soybean oil traded +0.83 at 62.25. Ringgit stays at RM4.45 against the greenback.
To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your Aug subscription.
Plan A : Long only if market supported firm above 3942. Targets are 3963 and 3982.
Plan B : Short if market rebounded but failed to support above 3942. Targets are 3920 and 3899.
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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