Where Futures Lies

Daily Futures Trading Strategy 23 August 2022 (Local Market)

Futurescoin
Publish date: Tue, 23 Aug 2022, 03:08 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 investors continued to take profit amid mixed performance in regional bourses, with the sentiment remaining cautious due to regional and global uncertainties.
 

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Plan A : Consider short if the market stays below 1491. Targets are 1480 and 1475.
 
Plan B : Attempt long if the market stays above 1488. Targets are 1492 and 1496
 
 
 
 
 
FCPO
 
FCPO opened high but retraced during the day. Dalian closed +0 at 8410 while soybean oil traded -0.45 at 65.90. Ringgit weakened to 4.48 against the greenback.
 

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Plan A : Long if market supported firm above 4167. Targets are 4183 and 4212.
 
Plan B : Short if market failed to support above 4167. Targets are 4148 and 4114.
 
 
 
 
 
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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