Short the February 2020 / Long the March 2020 Natural Gas spread at 0.120 points (9/23/19). Spread settled at 0.082. Marked-to-market profit of $380.
Short the December 2019 / Long the April 2020 Live Cattle spread at -9.100 points (10/01/19). Spread settled at -8.675. Marked-to-market loss of $170.
Stop loss for the Natural Gas spread on 0.105 points, above the recent session highs, GTC. (Profit: $150, plus commissions and fees)
Target order for the Natural Gas spread on 0.060 points, near the twelve-month contract low, GTC. (Target: $600, not including commissions and fees)
Stop loss for the Live Cattle spread on -7.750 points, above the pivot point high and 50-Day Moving Average. (Risk: $540, plus commissions and fees)
Target order for the Live Cattle spread on -12.200 points, the twelve-month contract low, GTC. (Target: $1,240 not including commissions and fees)
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Trade Spotlight Suite – Trial - The Trade Spotlight advisory service consists of three segments covering futures, futures spreads, and commodity options. At the end of each trading day the commodity markets are analyzed by applying our methodology and recommendations are delivered to you based on our trading philosophy. Our technique is to track specific chart patterns for breakouts and apply key technical indicators to confirm the trade setup.
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