Where Futures Lies
Daily Futures Trading Strategy 19 August 2022 (Local Market)
Futurescoin
Publish date: Fri, 19 Aug 2022, 04:05 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 lower on persistent profit-taking, mostly seen in transportation and logistics, as well as utilities companies, amid the weaker performance on the regional markets.
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Plan A : Consider long if the market stays above 1524. Targets are 1528 and 1535.
Plan B : Attempt short if the market stays below 1520. Targets are 1516 and 1513
FCPO
FCPO retraced to 4000 overnight later rebounded today, pricing back above 4100's. Dalian closed -72 at 8430 while soybean oil traded +0.41 at 64.68. Ringgit stays at RM4.47 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 if market supported firm above 4141. Targets are 4163 and 4185.
Plan B : Short if market failed to support above 4141. Targets are 4120 and 4098.
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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