Wednesday, March 25, 2020

26 March 2020 BMD

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

LOCAL MARKET

Our trade results are posted in our FB page. Click link below to access:-
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FKLI

FKLI rebounded to weekly's high at 1333 yesterday, followed with the great recovery in the Dow and regional markets. However there was a quick sink in the opening of second session due to the special announcement of extension of the Movement Control Order (MCO) by the Prime Minister of Malaysia.The market then gradually climbing back to close at 1329.5.

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Plan A : Attempt to short if market does not breach above 1355. Targets are 1351, 1348 and 1344.
Plan B : Cut above 1359.
Plan C : Long only if market rebounds firmly from 1334.5. Targets are 1338, 1341 and 1345.
Plan D : Cut below 1329.5.



FCPO

FCPO dived after failing to hold firm above 2400's. Dalian closed -80 ended the day at 4736 while soybean oil is slightly down. Ringgit stays at RM4.33 against the greenback.

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


Overnight Plan

Plan A : Long if market supported firm above 2355. Targets are 2386 and 2413.
Plan B : Short if market failed to support above 2355. Targets are 2320 and 2298.



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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