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Daily Futures Trading Strategy 10 May 2023 (Local Market)

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Publish date: Wed, 10 May 2023, 03:05 PM
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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.
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 LOCAL MARKET

 

 

 

 

 
 
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FKLI
 
FKLI ended lower due to profit-taking, particularly for banking and plantation stocks.
 

To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your May subscription.

 

Plan A : Consider short if the market stays below 1435. Targets are 1424 and 1420.

Plan B : Attempt long if the market stays above 1435. Targets are 1438 and 1443



FCPO
 
FCPO continues to trade below 3800' after surging up for a few days, trying to break the resistance at 3800'. Dalian trade -96 at 7090 while soybean oil traded -0.25 at 52.79. Ringgit weakened to 4.45 against the greenback.
 

 

To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your Apr subscription.
 
 
 
Plan A : Short if market fail to support above 3740. Targets are 3713  and 3680.

 
Plan B : Long only if market supported above 3740. Targets are 3781 and 3806.
 
 
 
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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