Sunday, March 15, 2020

16 March 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 tumbled to a low of 1298.5 before crawling its way back to settle at 1331.5 last Friday. Market however, is expected to open gap down today as U.S. futures hit limit down early Monday. 

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

Plan A : Remain short as long as market stays below 1333. Targets are 1321, 1304 and 1295.
Plan B : Cut above 1341.
Plan C : Long only if market tested and rebounds from 1295. Targets are 1304, 1321 and 1333.
Plan D : Cut below 1288.



FCPO

FCPO dived back to 2215 once again after a rebound attempt last Friday. Dalian and soybean oil are weak while Ringgit further weakened against the greenback at RM4.30.

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

Plan A : Long if market supported firm above 2259. Targets are 2287 and 2327.
Plan B : Short if market rebounded but failed to support above 2259. Targets are 2230 and 2205.






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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