This is a sample entry from Don DeBartolo’s email newsletter, Trade Spotlight: Futures, published on Friday, July 14, 2017.
Short the August 2017 Lean Hogs futures contract from 81.325 (7/14/17). Market settled at 79.900. Marked-to-market profit of $570.
Long the September 2017 Ten Year Note futures contract from 125’08 (7/12/17). Market settled at 125’19.0. Marked-to-market gain of $171.875.
Buy stop for the August 2017 Lean Hogs on 82.750, above Friday’s trading session high. GTC ($570)
Buy limit for the August 2017 Lean Hogs on 77.675, the 38.2% Fibonacci Retracement level of the last rally and recent contract lows, GTC. ($1,660)
Sell stop for the September 2017 Ten Year Notes at 124’18, below the recent contract lows, GTC ($687.50)
Sell limit for the September 2017 at 126’28, a potential resistance level, GTC. ($1,625)
Stopped out of the short August 2017 Lean Hogs futures contract from 82.175 (7/11/17) at 83.925 (7/13/17) for a loss of $690.
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Trade Spotlight: Futures – Trial - Trade Spotlight Futures is an email advisory that provides futures contract trade setups accompanied by definitive trade management. Trade setups are developed by applying the GBE trading methodology of chart formation breakouts confirmed through key technical indicators.
STOP ORDERS DO NOT NECESSARILY LIMIT YOUR LOSS TO THE STOP PRICE BECAUSE STOP ORDERS, IF THE PRICE IS HIT, BECOME MARKET ORDERS AND, DEPENDING ON MARKET CONDITIONS, THE ACTUAL FILL PRICE CAN BE DIFFERENT FROM THE STOP PRICE. IF A MARKET REACHED ITS DAILY PRICE FLUCTUATION LIMIT, A "LIMIT MOVE", IT MAY BE IMPOSSIBLE TO EXECUTE A STOP LOSS ORDER.
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