Where Futures Lies

Daily Futures Trading Strategy 30 August 2022 (Local Market)

Futurescoin
Publish date: Tue, 30 Aug 2022, 03:06 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 higher as buying interspersed with selling in heavyweights.
 

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Plan A : Consider long if the market stays above 1500. Targets are 1510 and 1515.
 
Plan B : Attempt short if the market stays below 1496. Targets are 1481 and 1476
 
 
 
 
FCPO
 
FCPO still stays within consolidation range within the first and second section. Dalian closed -108 at 8446 while soybean oil traded -0.73 at 65.71. Ringgit remained at 4.48 against the greenback.
 

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Plan A : Short if market failed to support above 4159. Targets are 4132 and 4117.
 
Plan B : Long if market supported firm above 4159. Targets are 4177 and 4193.
 
 
 
 
 
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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