Where Futures Lies
Daily Futures Trading Strategy 4 November 2022 (Local Market)
Futurescoin
Publish date: Fri, 04 Nov 2022, 03:26 PM
Futurescoin
0 3,350
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 selling pressure seen across the board, amid weak regional market sentiments.
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Plan A : Consider short if the market stays below 1440. Targets are 1412 and 1398.
Plan B : Attempt long if the market stays above 1440. Targets are 1445 and 1476.
FCPO
FCPO attempted another round of rebound to 4473 the second session, later pressurized by the market bringing the price back to 4410's. Dalian closed +62 at 8594 while soybean oil traded +0.91 at 76.20.
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Plan A : Long if market supported firm above 4405. Targets are 4428 and 4452.
Plan B : Short if market failed to support above 4405. Targets are 4382 and 4359.
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 trade.
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