Thursday, April 9, 2020

10 April 2020 BMD

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

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FKLI

FKLI continued to trade within tight range between 1357 to 1364.5 yesterday and the market was still unable to break above 1368. The market may go sideways if it still fails to break above 1368 today.

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Plan A : Short if market does not breach above 1368. Targets are 1364.5, 1361 and 1358.
Plan B : Cut above 1371.
Plan C : Long if market supported above 1357.5. Targets are 1361, 1364 and 1367.5.
Plan D : Cut below 1354.



FCPO

FCPO opened higher this morning, tipped at 2335 for the first session before it plummeted below 2300's. Dalian closed -120 the early session while Ringgit stays at RM4.30 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. 

Plan A : Long only if market supported firm above 2327. Targets are 2352 and 2375.
Plan B : Short if market failed to support above 2327. Targets are 2302 and 2279.



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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