Where Futures Lies

Daily Futures Trading Strategy 3 October 2022 (Local Market)

Futurescoin
Publish date: Mon, 03 Oct 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 with the index ended the last trading day of the third quarter of the year on a slight dip, after roller-coaster trading all day long.
 

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Plan A : Consider short if the market stays below 1400. Targets are 1391 and 1381.
 
Plan B : Attempt long if the market stays above 1405. Targets are 1404 and 1418
 
 

 
FCPO
 
FCPO still moves within the consolidation range for both section. Dalian closed for the week while soybean oil traded +0.53 at 62.09.
Ringgit weakened to RM4.64 against the greenback.
 

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Plan A : Long if market supported firm above 3404. Targets are 3449 and 3473.
 
Plan B : Short if market failed to support above 3404. Targets are 3366 and 3348.
 
 
 
 
 
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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