Sunday, November 10, 2019

11 November 2019 BMD

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

LOCAL MARKET

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FKLI

FKLI continued to surge to 1616.5 before it then closed at 1611 at day end. The market is now stamping its feet firm above 1600's as the buyers are confident over the market with the positive vibes in the global markets.

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Plan A : Continue to hold long as long as market supported firm above 1613. Cut below 1609.
Plan B : Targets are 1618, 1621 and 1624.5.
Plan C : Sell if market surge but does not breach above 1625. Cut above 1629.
Plan D : Targets are 1621.5, 1619 and 1614.5.


FCPO

FCPO reached up to a new recent high at 2657 after Dalian market boosted the price to the daily limit, along with soybean oil. Prices of FCPO has moved almost 100 points for the day and this is recorded the greatest daily gain for the year. 

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

Plan A : Short if market failed to support above 2635. Targets are 2618 and 2598.
Plan B : Long only if market retraced but supported firm above 2598. Targets are 2615 and 2630.   



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 prospectivinvestor 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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