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Daily Futures Trading Strategy 6 October 2022 (Local Market)

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Publish date: Thu, 06 Oct 2022, 04:43 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.
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  LOCAL MARKET

 

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FKLI
 
FKLI ended higher in line with regional peers amid improving sentiment after a rally on Wall Street overnight.
 

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Plan A : Consider long if the market stays above 1415. Targets are 1427 and 1433.
 
Plan B : Attempt short if the market stays below 1412. Targets are 1407 and 1401
 
 

 
FCPO
 
FCPO returns to move within consolidation range after opening high in the first section. Dalian closed for the week while soybean oil traded -0.5 at 65.04.
Ringgit remains at RM4.63 against the greenback.
 

To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your Sep subscription.

Plan A : Long if market retraced and supported firm above 3720. Targets are 3758 and 3793.
 
Plan B : Short if market failed to support above 3720. Targets are 3701 and 3674.
 
 
 
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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