Where Futures Lies
Daily Futures Trading Strategy 21 November 2022 (Local Market)
Futurescoin
Publish date: Mon, 21 Nov 2022, 03:47 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 supported by last-minute buying, as some investors took position ahead of the 15th general election (GE15) on Saturday.
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Plan A : Consider short if the market stays below 1449. Targets are 1430 and 1410.
Plan B : Attempt long if the market stays above 1449. Targets are 1454 and 1459
FCPO
FCPO dived below 3800-mark this morning slowly recover from lost ground following the rebound from the Dalian market over the lunch session. Dalian closed -12 at 7884 while soybean oil traded +0.24 at 72.98. Ringgit stays at RM4.56 against the greenback.
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Plan A : Long if market supported firm above 3878. Targets are 3900 and 3921.
Plan B : Short if market failed to support above 3878. Targets are 3855 and 3832.
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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