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; 07 May 2018 (Monday) FKLI FKLI opened lower and continue to further declining on last Friday, once touched one-month's low ...

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Old May 7, 2018, 1:38am   #91
Joined Nov 2017
Camilly started this thread 07 May 2018 (Monday)
FKLI

FKLI opened lower and continue to further declining on last Friday, once touched one-month's low at 1831 before it climbed back to close at 1835, as the regionals were weak and also the fear of uncertainty from the approaching fourteenth General Election (GE14). Today, the main indices night markets basically closed higher, while Dow closed high for more than 1%, hence we shall expect our market to open higher as well; but traders are advised to be cautious as the level of uncertain is high in the market with the approaching GE14.

Today's planning:
Plan A: Consider selling if market rebounds but resisted before 1843, cut above 1845.
Plan B: Attempt buying market trades firmly above 1831, cut below 1828.

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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Last edited by Camilly; May 7, 2018 at 2:43am.
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Old May 7, 2018, 9:20am   #92
Joined Oct 2015
Quote:
Originally Posted by Camilly View Post
07 May 2018 (Monday)
FKLI

FKLI opened lower and continue to further declining on last Friday, once touched one-month's low at 1831 before it climbed back to close at 1835, as the regionals were weak and also the fear of uncertainty from the approaching fourteenth General Election (GE14). Today, the main indices night markets basically closed higher, while Dow closed high for more than 1%, hence we shall expect our market to open higher as well; but traders are advised to be cautious as the level of uncertain is high in the market with the approaching GE14.

Today's planning:
Plan A: Consider selling if market rebounds but resisted before 1843, cut above 1845.
Plan B: Attempt buying market trades firmly above 1831, cut below 1828.

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.
hi

would you say it traded firmly above 1831? what is firmly to you?
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Old May 7, 2018, 9:27am   #93
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Camilly started this thread Hi Kaeso,
this planning is made before the market opens, so it is basically cater for right before market opens.
If you are looking for real-time trading alert, we do provide it as well via whatsapp at a subscription fees.

Do PM me if you would like to know the details about the real-time trading alert or the market movement on FKLI.

Cheers,
Camilly
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Old May 7, 2018, 10:52am   #94
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Quote:
Originally Posted by Camilly View Post
Hi Kaeso,
this planning is made before the market opens, so it is basically cater for right before market opens.
If you are looking for real-time trading alert, we do provide it as well via whatsapp at a subscription fees.

Do PM me if you would like to know the details about the real-time trading alert or the market movement on FKLI.

Cheers,
Camilly
thanks, not looking for alerts mate! i just wondered what you meant by "trades firmly"
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Old May 7, 2018, 10:53am   #95
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Camilly started this thread haha.. but do you trade FKLI?
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Old May 7, 2018, 10:55am   #96
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Camilly started this thread trades firmly means it has to stay above 1831 and do not break below it.
in case if the price goes below this level, cut loss would be at 1828 as according to the planning.
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Old May 8, 2018, 1:33am   #97
Joined Nov 2017
Camilly started this thread 08 May 2018 (Tuesday)
FKLI

FKLI continued to decline yesterday, as the GE14 is going to be held tomorrow on the 9th May 2018. The level of uncertainty in the market is rocket high, most of the traders chose to observe the market rather than entering into the market. FKLI once dipped down for more than 20-points to 1813.5 yesterday, but then climbed back to closed at 1825, closed down for 10-points or about 0.5%.

Today, the main indices night markets basically closed higher, but we believe that our market will continue to be weak as traders are reluctant to enter the market on the eve of GE14.


Today's planning:
Plan A: Consider selling if market continues to trade below 1826, cut above 1830.
Plan B: Attempt buying market declines but fails to breach below 1813.5, cut below 1810.

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 May 14, 2018, 1:50am   #98
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Camilly started this thread 14 May 2018 (Monday)
FKLI

FKLI rebounded on last Tuesday from one-month's low, closed up 19-points at 1844, mainly resulted by profit taking activities as the market has been declined from the peak 1900 to yesterday's low at 1813.5, accumulated total declines for about 86.5 points or 4.5%, in just 11 trading days!

Today is the first trading day after post-GE14 long holidays. And, it is also the first time of reforming a new government since Malaysia had been independent since 1957. This is a total surprise to all the investors, and due to this uncertainties, we are expecting market to be pressured down. But however, the main indices markets basically increasing during the long holidays in Malaysia, Dow even recorded rising for seven sessions consecutively, total accumulated increment of 471-points or 1.9%.

*The fluctuation in Malaysia markets would be huge as compared to normal days, the first trading day after GE12 and GE13 was both fluctuated for more than 100-points. Hence, we advised low-risk traders to be extremely careful and possibly to enter the market after it stabilise.

Today's planning:
Plan A: Consider selling if market continues to trade below 1844, cut above 1856.
Plan B: Attempt buying market declines but fails to breach below 1738, cut below 1735.

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 May 15, 2018, 1:35am   #99
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Camilly started this thread 15 May 2018 (Tuesday)
FKLI

FKLI declined sharply before it rose drastically on the first trading day yesterday after a long break from GE14. It was recorded as the biggest fluctuations in the single day in these five years, day's range for 95.5-points.

This is the first time of transition of a new government in these 60-years for Malaysia, the uncertainly brought a huge impact to the markets by dragging down the FKLI to almost five-month's low at 1781 not long after market opening, declined for about 63-points or 3.4%; but then as the investors are positive to the newly formed cabinet members and the promises from the new government to the domestic economic conditions and all these brought the market to rebound and closed at 1864, closed up for 20-points or 1.09%, while the peak was at 1876.5.

Today, the main indices night market basically closed higher, Dow continued to close high for about 0.27%, recorded for the eighth session in a row! Hence, we shall expect that our market could be still continuing the trend to further going up!

Today's planning:
Plan A: Consider selling if market surges but resisted before 1876.5, cut above 1880.
Plan B: Attempt buying market declines but fails to breach below 1751, cut below 1747.

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 May 16, 2018, 1:36am   #100
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Camilly started this thread 16 May 2018 (Wednesday)
FKLI

FKLI failed to continue the up-trend from Monday, partially resulted by the profit taking activities from the traders, as the market rebounded quite much for about 83-points from lowest dip at 1781. The market actually flatten between 1850-60 for most of the day yesterday, and it seems like the market is trying to form some supports around this level.

Today, the main indices night market basically mixed, Dow ended the eighth consecutive rose by closing down 0.78%. Hence, we shall expect that our market might be open flat today.


Today's planning:
Plan A: Consider selling if market trades below 1860, cut above 1864.
Plan B: Attempt buying market consistently stays above 1850, cut below 1847.

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 May 17, 2018, 1:42am   #101
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Camilly started this thread 17 May 2018 (Thursday)
FKLI

FKLI made an U-turn yesterday as it dipped down to lowest at 1841 followed with weak regionals, but then rebounded followed the strong cash market and inching up to the peak at 1857 and closed above supports level. We shall see if the market able to sustain above the support level at 1850, and if it can, the market will continue to surge as the overnight main indices markets were basically closed higher.

Today's planning:
Plan A: Consider selling if surges but fails to break above 1860, cut above 1864.
Plan B: Attempt buying market supported well above above 1850, cut below 1847.

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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Last edited by Camilly; May 17, 2018 at 1:53am.
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Old May 18, 2018, 1:32am   #102
Joined Nov 2017
Camilly started this thread 18 May 2018 (Friday)
FKLI

FKLI hovering in tight range between 1850-1860 as both buyers and sellers were struggling to bring the market to their favour. Today, the overnight main indices markets basically closed higher, but Dow closed slightly lower for about 0.22%, hence we shall see if our market could strike out from 1850-1860, or still consolidated within the range.

Today's planning:
Plan A: Consider selling if trades below 1860, cut above 1864.
Plan B: Attempt buying market supported well above above 1850, cut below 1847.

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 May 21, 2018, 1:36am   #103
Joined Nov 2017
Camilly started this thread 21 May 2018 (Monday)
FKLI

FKLI was still hovering between 1850-1860 on last Friday, resulted the market still traded in consolidation stage whereby both buyers and sellers were reluctant to enter the market. Despite the market looks weak, FKLI still stood firm above 1849. Today, the overnight main indices markets basically closed higher, Dow even rose for almost 200-pts as U.S. and China decided to put a ceasefire on the trade war. Hence we shall see if our market could strike out from 1850-1860 today, or still consolidated within the range.

Today's planning:
Plan A: Consider selling if trades below 1860, cut above 1864.
Plan B: Attempt buying market supported well above above 1850, cut below 1847.

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 May 22, 2018, 2:26am   #104
Joined Nov 2017
Camilly started this thread 22 May 2018 (Tuesday)
FKLI

FKLI traded most of the time between 1850-1860 yesterday, as it peaked at 1861 followed with the strong regionals,but then declined as the traders took profit and market closed at 1852 (+2-pts). Today, the overnight main indices markets basically closed higher, while we shall see if the traders are willing to enter the market to make the market step out from the consolidation zone or, it may remain between the range.


Today's planning:
Plan A: Consider selling if surges but resisted before 1860, cut above 1864.
Plan B: Attempt buying market supported well above above 1850, cut below 1847.

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 May 23, 2018, 1:36am   #105
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Camilly started this thread 23 May 2018 (Wednesday)
FKLI

FKLI peaked at 1856.5 followed the strong Dow and regionals yesterday, but straightaway declined and broke below support level at 1850 as the cash market opened weak. Then the entrance of sellers further pressured the market down to lowest at 1843.5. Our market closed down 6-points at 1846 yesterday. Today, the overnight main indices markets basically closed higher, only Dow closed down 178-points or 0.72%. Hence, we shall expect a flat opening today in our market.

Today's planning:
Plan A: Consider selling if market resisted before 1851, cut above 1854.
Plan B: Attempt buying market supported well above above 1843.5, cut below 1840.

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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