Where Futures Lies

Daily Futures Trading Strategy 10 November 2022 (Local Market)

Futurescoin
Publish date: Thu, 10 Nov 2022, 03:29 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 higher with the key index gaining 0.33%, in sync with the mixed performance in regional markets.

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Plan A : Consider short if the market stays below 1446. Targets are 1441 and 1435.
Plan B : Attempt short if the market stays below 1446. Targets are 1452 and 1457.

FCPO
FCPO continue to walk down South in the morning, later recover from the lost ground during the second session. Dalian closed -70 at 8340 while soybean oil traded +0.17 at 75.71. Ringgit stays at RM4.70 against the greenback.

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Plan A : Long if market retraced slightly and supported firm above 4179. Targets are 4201 and 4226.
Plan B : Short if market failed to support above 4179. Targets are 4158 and 4136.



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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