Futures Kuala Lumpur Index (FKLI)

This is a discussion on Futures Kuala Lumpur Index (FKLI) within the Futures & Options forums, part of the Markets category; 22 January 2018 (Monday) FKLI FKLI presented a complete U-turn on last Friday: opened high but closed at day's low ...

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Old Jan 22, 2018, 1:46am   #33
Joined Nov 2017
Camilly started this thread 22 January 2018 (Monday)

FKLI

FKLI presented a complete U-turn on last Friday: opened high but closed at day's low on Thursday, on the other hand, opened at day's low but closed at almost day's high on Friday. With these two-days total opposite market trend, we can see that the market has no direction at this moment, it has been traded within range, despite the big picture is still a bull; but anyhow, the market is already overbought, hence there is struggle between the traders.

Today's planning:
Plan A: Consider selling if market surges but fails to break above 1839, cut above 1842.
Plan B: Attempt buying if market supported will above 1828, cut below 1825.


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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Old Jan 23, 2018, 1:37am   #34
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Camilly started this thread 23 January 2018 (Tuesday)
FKLI

FKLI did not move much in the morning session yesterday, but climbed rapidly in the afternoon session followed with the cash market, peaked at two-week's high at 1839.5 before closing at 1837.5. Today, night indices market are all rising, where Dow continue to create record high. Despite our market is already overbought, but with the rising night indices market, we shall see more room for it to go higher.

Today's planning:
Plan A: Consider selling if ONLY market surges but fails to break above 1845.5, cut above 1848.
Plan B: Attempt buying if market supported will above 1832, cut below 1830.


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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Old Jan 24, 2018, 1:43am   #35
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Camilly started this thread 24 January 2018 (Wednesday)

FKLI

FKLI continues to rise yesterday for third day consecutively, rebounded for more than 1% from two-weeks' low at 1819.5 to 1840.5 yesterday. Today, mixed signal on Regional indices night market, while Dow closed flat. We shall see if the market would break record new high of 1845.5, despite the market is already overbought; else it might face a risk of retracement.

Today's planning:
Plan A: Consider selling if ONLY market surges but fails to break above 1845.5, cut above 1848.
Plan B: Attempt buying if market supported will above 1836, cut below 1834.


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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Old Jan 25, 2018, 1:39am   #36
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Camilly started this thread 25 January 2018 (Thursday)
FKLI

FKLI closed higher yesterday, rebounded from day's low at 1836.5 and then climb steadily to 1843.5 before closing at 1841.5. However, market is still under overbought, hence buyers are advised to be cautious when to enter the market, as the risk of retracement still exists in the market.
*Bank Negara Malaysia will have an announcement today in the afternoon whether to raise interest rates.

Today's planning:
Plan A: Consider selling if ONLY market surges but fails to break above 1845.5, cut above 1848.
Plan B: Attempt buying if market supported will above 1832, cut below 1830.

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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Old Jan 29, 2018, 1:37am   #37
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Camilly started this thread 29 January 2018 (Monday)
FKLI

FKLI finally break above 1850's by recording a new high at 1857.52 on last Friday, before it settled at 1855, this hike is resulted partially of the strengthened Ringgit and regionals. Today, overnight Dow rose more than 200 points, we shall see a higher opening in our market as well; but however, buyers are advised to be cautious as the market is still overbought.


Today's planning:
Plan A: Consider selling ONLY if market fails to break above 1858.5, cut above 1860.
Plan B: Attempt buying if market supported well above 1844, cut below 1842.


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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Old Jan 30, 2018, 1:33am   #38
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Camilly started this thread 30 January 2018 (Tuesday)
FKLI

FKLI continues to record new high at 1871.5 yesterday before it closed at 1870, with the contribution from regionals and strong cash market. Sellers has no strengthen to press the market down as the buyers are so strong to boost into the market. However, buyers are advised to be cautious as the market is still overbought, and thus the risk of retracement is still there for the market.

Today's planning:
Plan A: Consider selling ONLY if market fails to break above 1873.5, cut above 1875.
Plan B: Attempt buying if market supported well above 1857, cut below 1855.

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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Old Feb 2, 2018, 3:25am   #39
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Camilly started this thread 02 February 2018 (Friday)
FKLI

FKLI ended the consecutive climbs by closing lower on last Tuesday. The market declined upon opening by dipping down to day's low at 1861 and then rebounded to peak of these recent 3.5 years at 1872.5 before closing at 1869. Today, regional and night indices market majorly declining, but our market is still a bull, despite it is overbought. Hence, fresh buyers are advised to be cautious before entering to the market as the risk for retracement is slightly bigger than previous.

Today's planning:
Plan A: Consider selling ONLY if market fails to break above 1870, cut above 1873.
Plan B: Attempt buying if market supported well above 1861, cut below 1859.

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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Old Feb 6, 2018, 3:09am   #40
Joined Nov 2017
Camilly started this thread 06 February 2018 (Tuesday)

FKLI

FKLI continues to plunge yesterday for more than 1% to 1842.5, and rebounded to close at 1848, followed the dive in Dow. Today, main indices continues to dive with Down plunges for 4.6%, we shall see a further drop in our market as well.

Today's planning:
Plan A: Consider selling if market always trading below 1848, cut above 1852.
Plan B: Attempt buying if market supported well above 1827, cut below 1825.

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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Futures make us rich
Camilly is offline Trading Strategy Services   Reply With Quote
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