Sunday, April 12, 2020

13 April 2020 BMD

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

LOCAL MARKET

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FKLI

FKLI stayed flatten for the whole session at 1350's on last Friday as most of the regional markets were closed for Good Friday. It was a quiet trading day for FKLI.

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

Plan A : Short if market falls below 1350. Targets are 1347, 1344 and 1341.
Plan B : Cut above 1353.
Plan C : Long if market declines but still supported above 1339. Targets are 1342, 1345 and 1349.
Plan D : Cut below 1336.



FCPO

FCPO once again failed to stand firm above 2300's and dived back to 2260's the mid-afternoon. Dalian closed -106 ended 4850 while soybean oil fell 0.12. Ringgit slightly strengthen against the greenback at RM4.31. 

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 if market supported firm above 2283. Targets are 2305 and 2332.
Plan B : Short if market rebounded but resisted around 2283. Targets are 2258 and 2232.





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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