Tuesday, September 3, 2019

04 September 2019 BMD

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

LOCAL MARKET

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FKLI 

FKLI opened below 1600's on the first trading day of September and gradually inching down as the global markets were all affected by the increased tensions of trade war. 

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Plan A : Continue to sell if market stays below 1588
Plan B : Cut above 1592
Plan C : Consider buying only if market does not break below 1573 and rebounds
Plan D : Cut below 1568



FCPO

FCPO opened higher this morning after a price depression below 2200 on Tuesday. Dalian and soybean oil are lying at negative territories while Ringgit stays weak against the greenback at RM4.21.

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


Plan A : Buy if market supported firm above 2180. Targets are 2204 and 2222.
Plan B : Sell if market doesn't rebound much and failed to support above 2180. Targets are 2162 and 2150.
Plan C : Sell if market rebounded and resisted 2204. Targets are 2186 and 2165.



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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