Tuesday, September 24, 2019

25 September 2019 BMD

We are expanding to global markets. See next article for the trade plan.

LOCAL MARKET

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FKLI



FKLI had a quick pulled-up in the second session to above 1590's but it was not able to sustain firmly and then closed right at the support level at 1590. The market is said to be on the border line where it is waiting for a breakout, but unsure of direction. 

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 more details. Sign up today for October subscription. 

Plan A : Continue to short if market does not breach above 1593
Plan B : Cut above 1598
Plan C : Attempt buying only if market does not fall below 1582
Plan D : Cut below 1578



FCPO

FCPO opened higher this morning and once again visited 2130's before it started to flat-out again. Dalian and soybean oil are weak while Ringgit stays weak at RM4.18 against the greenback.

To subscribe to the real time signal, email to us at futures.coin@gmail.com for more details. Sign up today for October subscription. 

Plan A : Buy if market supported firm above 2136. Targets are 2152 and 2165.
Plan B : Sell if market failed to support above 2136. Targets are 2120 and 2105.


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 and CNBC. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correctaysion, 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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