Where Futures Lies

Daily Futures Trading Strategy 7 December 2022 (Local Market)

Futurescoin
Publish date: Wed, 07 Dec 2022, 03:14 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 mixed on the back of a lacklustre market, in line with the weakness in most key regional markets.

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Plan A : Consider short if the market stays below 1475. Targets are 1465 and 1456.
Plan B : Attempt long if the market stays above 1475. Targets are 1480 and 1487.


FCPO
FCPO erased half of the gain from yesterday, struggled to climb back to 4000-mark. Dalian closed -56 at 8028 while soybean oil traded +0.24 at 61.86. Ringgit stays at RM4.41 against the greenback.

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Plan A : Short if market rebounded but failed to support above 4032. Targets are 4011 and 3990.
Plan B : Long if market supported firm above 4032. Targets are 4055 and 4078.




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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