Monday, September 2, 2019

03 September 2019 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 on daily basis. Click link below to access:-
https://www.facebook.com/Futurescoin-1564520737153902/

If you like what we are doing, kindly like and share our page at FB. Follow us at FB for more updates.

 CHINESE VERSION of our blog: 

Please visit the link below:-

Click here to contact us : https://goo.gl/B6Dccf 





FKLI 

FKLI finally sustained above the support levels at 1600's on the last trading day of August and settled at 1610 for the August contract. However, the market is still said to be bearish for the big picture, regardless of FKLI or the global markets. Hence, buyers are advised to grab their profit if there is any change of the market direction to avoid unnecessary losses.

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


Plan A : Attempt selling if market fails to breach above 1609.5
Plan B : Cut above 1614
Plan C : Consider buying only if market stays firm above 1592 and rebounds
Plan D : Cut below 1587


FCPO

FCPO opened higher this morning but the buying spree could not sustain, prices reversed back 2210's for the first session.  Dalian and soybean oil are mixed while Ringgit stays weak against the greenback at RM4.22.

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

Afternoon Plan 

Plan A : Sell if market rebounded but resisted around 2236. Targets are 2222 and 2208.
Plan B : Buy only if market supported firm above 2236. Targets are 2248 and 2256.
Plan C : Above 2241, no fresh position.
Plan D : Below 2231, no fresh position. 



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.

No comments:

Post a Comment

29 April 2024 Foreign

                WTI Crude, Gold, HSI, Dow,  S&P 500 and Nasdaq If you like what we are doing, kindly like and share our page on FB. Foll...