This is the Weekly Summary Email of the Trade Spotlight advisory service for the week ending on Friday, October 30, 2020.
Open Positions
Short the December 2020 Kansas City Wheat contract from 558’6 (10/23/20). Market settled at 541’2. Marked-to-market profit of $875.
Sold the December 2020 Canadian Dollar contract at .75600 (10/28/20). Market settled at .75095. Marked-to-market gain of $505.
Working Orders
Buy stop for the Kansas City Wheat contract on 551’0, above Friday’s session high, GTC. (Profit: $387.50, plus including commission and fees)
Buy limit for the Kansas City Wheat contract on 500’0, near the 50% Fibonacci Retracement, GTC. (Reward: $2,937.50, minus commission and fees)