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.
Read about potential trade opportunities for the week every Monday in the Beyond the “Spotlight” blog.
Follow the Trade Spotlight on Google+.
Step into the “Spotlight”
Send questions specific to current or past trade recommendations, or any commodity market related questions to firstname.lastname@example.org. For a limited time, if your question is selected you will receive a hard copy of the upcoming 2017 Daniels Trading pocket Calendar.
Contact your Daniels Trading broker by phone or email to place this trade.
Try Trade Spotlight: Futures – for 30 Days
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.
This material is conveyed as a solicitation for entering into a derivatives transaction.
This material has been prepared by a Daniels Trading broker who provides research market commentary and trade recommendations as part of his or her solicitation for accounts and solicitation for trades; however, Daniels Trading does not maintain a research department as defined in CFTC Rule 1.71. Daniels Trading, its principals, brokers and employees may trade in derivatives for their own accounts or for the accounts of others. Due to various factors (such as risk tolerance, margin requirements, trading objectives, short term vs. long term strategies, technical vs. fundamental market analysis, and other factors) such trading may result in the initiation or liquidation of positions that are different from or contrary to the opinions and recommendations contained therein.
Past performance is not necessarily indicative of future performance. The risk of loss in trading futures contracts or commodity options can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results.
Trade recommendations and profit/loss calculations may not include commissions and fees. Please consult your broker for details based on your trading arrangement and commission setup.
You should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources. You should read the "risk disclosure" webpage accessed at www.DanielsTrading.com at the bottom of the homepage. Daniels Trading is not affiliated with nor does it endorse any third-party trading system, newsletter or other similar service. Daniels Trading does not guarantee or verify any performance claims made by such systems or service.