Where Futures Lies

Daily Futures Trading Strategy 24 August 2022 (Local Market)

Futurescoin
Publish date: Wed, 24 Aug 2022, 03:02 PM
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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 slightly lower as index pared most of its earlier losses on some buying activity emerged for oil and gas and telecommunications stocks during the final hour of trading.
 

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Plan A : Consider short if the market stays below 1489. Targets are 1483 and 1478.
 
Plan B : Attempt long if the market stays above 1483. Targets are 1489 and 1494
 
 
 
 
FCPO
 
FCPO surged up during the first and second section. Dalian closed +214 at 8724 while soybean oil traded +0.51 at 67.43. Ringgit remained at 4.48 against the greenback.
 

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Plan A : Long if market supported firm above 4336. Targets are 4357 and 4384.
 
Plan B : Short if market failed to support above 4336. Targets are 4308 and 4272.
 
 
 
 
 
 
 
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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