This is the Weekly Summary Email of the Trade Spotlight advisory service for the week ending on Friday, June 19, 2020.
Buy the August 2020 Live Cattle on 98.400 using a stop order, GTC.
Place sell stop at 95.500, below the lower trend line, GTC. (Initial Risk: $1,160 plus including commission and fees).
Place sell limit at 108.000, a potential resistance level, GTC. (Reward: $3,840 minus including commission and fees)
Sell the September 2020 British Pound at 1.2375 using a limit order, GTC.
Risk: Place buy stop on 1.2515, above the 20-day Moving Average, GTC. (Initial Risk: $875 plus including commission and fees).
Target: Place buy limit on 1.2100, a potential support level, GTC. (Reward: $1,718.75 minus including commission and fees)
Step into the “Spotlight”
Send questions specific to current or past trade recommendations, or any commodity related questions to email@example.com.
Beyond the Spotlight
Watch your inbox Monday mornings for the Beyond the Spotlight video that will “spotlight” two to three markets that may setup as trading opportunities for the week ahead. You may also view the videos here: https://www.youtube.com/user/dtDeBartolo