Thursday, April 16, 2020

17 April 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 was so considered moving flat in the first session yesterday and had a jump upon second session where it peaked at 1395.5 for the first time after the huge fall since mid of March. However, the market failed to sustain above 1390's and then closed at 1382 at the end of the day.

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 surges but does not breach above 1415. Targets are 1410, 1406.5 and 1402.
Plan B : Cut above 1418.
Plan C : Long if market rebounds from 1397. Targets are 1401, 1405 and 1410.
Plan D : Cut below 1394.



FCPO

FCPO opened lower today, falling beyond 2200's but not long after, the prices crawled back up above 2200's, touched 2244 the second session. Dalian closed +38 ended 4920 while soybean oil +0.12. Ringgit remain at RM4.37 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 if market retraced but supported firm above 2223. Targets are 2241 and 2268.
Plan B : Short if market failed to support above 2223. Targets are 2205 and 2188.



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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