Where Futures Lies

Daily Futures Trading Strategy 13 July 2023 (Local Market)

Futurescoin
Publish date: Thu, 13 Jul 2023, 05:11 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
 
FBM KLCI gained 6.60 points or 0.47% to 1398.06 points to extend its winning streak. Following the recent rebound, the FBM KLCI could take a breather and consolidate below the resistance of 1437 points.

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Plan A : Consider long if the market stays above 1393. Targets are 1406 and 1410.

Plan B : Attempt short if the market stays above 1393. Targets are 1388 and 1377

 
 
FCPO
 
FCPO came down following Dalian's declined breaking the support area around 3860, challenging the next support around 3820'. Dalian traded -100 at 7426 while soybean oil traded +0.69 at 60.05 for the day. Ringgit strengthen to 4.59 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 3860. Targets are 3847  and 3827.

 
Plan B : Long only if market supported above 3860. Targets are 3906 and 3945.

 
 
 
 
 
 
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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