Where Futures Lies

Daily Futures Trading Strategy 10 January 2023 (Local Market)

Futurescoin
Publish date: Tue, 10 Jan 2023, 03:10 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 sustained buying interest seen in selected heavyweight counters led by transportation and logistics stocks.
 

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Plan A : Consider short if the market stays below 1493. Targets are 1485 and 1477.
 
Plan B : Attempt long if the market stays above 1493. Targets are 1498 and 1501
 
 
 
 
FCPO
 
FCPO plummeted when market opened and continue fall during the second session. Dalian closed -246 at 7786 while soybean oil traded -0.56 at 62.76. Ringgit remained at RM4.37 against the greenback.
 

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Plan A : Short if market failed to support above 3983. Targets are 3947 and 3912.
 
Plan B : Long if market supported firm above 3983. Targets are 4023 and 4053.
 
 
 
 
 
 
 
 
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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