Where Futures Lies

Daily Futures Trading Strategy 3 August 2023 (Local Market)

Futurescoin
Publish date: Thu, 03 Aug 2023, 03:18 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 dropped 6.68 points or 0.46% to 1444.56 points. Following the recent pullback, the FBM KLCI could take a breather and consolidate between the support of 1410 points and the resistance of 1460 points.
 

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

 

Plan A : Consider short if the market stays below 1449. Targets are 1441 and 1437.

Plan B : Attempt long if the market stays above 1449. Targets are 1454 and 1462

 
FCPO
 
FCPO plummeted down, testing the previous low around 3811. Dalian traded -162 at 7442 while soybean oil traded -0.56 at 60.14 for the day. Ringgit weaken to 4.55 against the greenback.
 

 

To subscribe to a real-time signal, email us at futures.coin@gmail.com for details. Sign up today for your Jul subscription.
 
 
 
Plan A : Short if market fail to support above 3860. Targets are 3825  and 3799.

 
Plan B : Long only if market supported above 3860. Targets are 3888 and 3912.
 
 
 
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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