Where Futures Lies

Daily Futures Trading Strategy

Futurescoin
Publish date: Tue, 14 Jan 2014, 08:19 PM

15 January 2014

 

HSI Futures

U.S. stocks rose on Tuesday, erasing much of the previous session's steep drop, as a strong December retail sales reading eased concerns that economic growth might be slowing.

Chinese shares listed in Hong Kong slipped on Tuesday , hurt by a 12 percent tumble for Great Wall Motor after it announced a delay in the launch of its new Haval H8 sports utility vehicle model due to technical glitches. Traders said Hong Kong markets pared losses after some investors unwound short Hang Seng Index and long Nikkei bets. The Nikkei fell 3.1 percent in its biggest daily loss in five months, and as Shanghai shares had their first gain in five days.

Plan A : Above 23037, do nothing
Plan B : Below 22682, do nothing
Plan C : Consider taking a long if market moves up gradually and triggers a buy above 22816
Plan D : Cut below 22760
Plan E : Consider selling only if market rebounds another time but fails to break above 22875
Plan F : Cut above 22947

FKLI

Some buying interest came in on Monday for Malaysian market but gains could be capped for this holiday shorten trading week. Few crucial resistances would have to be taken off if market were to rally from here.

Plan A : Buy around 1830-1833 region
Plan B : Cut below 1823
Plan C : Consider selling only if market fails to break above 1842
Plan D : Cut above 1845


FCPO

Soybean oil has went down to its low have not seen any sign of recovery for long. CPO market has been running on a down trend since early of the year. Market has already pinched down 183 points and yet awaiting for recovery.

Plan A : Wait for market to stabilize before reacting. Still looking at a buy taking 2486 as the support. Place stop of 10 to 15 points. Target profit looking at 2547.
Plan B : Seller may want to stay out at this time unless you are a overnight seller. Take profit if market stabilizes around 2500.
Plan C : Range bound player may try around 2480 to 2520. Place stop if market overshot.
 


*Disclaimer: This information is intended to assist professional investors. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, 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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