This is the Weekly Summary Email of the Trade Spotlight advisory service for the week ending on Friday, January 29, 2021.
Sold the March 2021 Canadian Dollar contract at 77.990 today (1/28/21). Market settled at 78.295. Marked-to-market loss of $305.
Buy stop for the Canadian Dollar contract on 78.890, above recent session high, GTC. (Initial Risk: $900, plus including commission and fees)
Buy limit for the Canadian Dollar contract on 74.690, a potential support level, GTC. (Reward: $3,300, minus commission and fees)
Sell the March 2021 Euro FX contract at 1.20670 on a stop, GTC.
Place buy stop on 1.21830, above recent session highs, GTC. (Initial Risk: $1,450, plus including commission and fees)
Place buy limit on 1.1680, near the 200-day Moving Average, GTC. (Reward: $4,837.50, minus commission and fees)
Target triggered on the short March 2021 Orange Juice contract from 1.1975 (1/19/21) on 1.1500 (1/25/21) for a profit of $712.50.
Stopped out of the long March 2021 British Pound contract from 1.3727 (1/22/21) at 1.3627 (1/26/21) for a loss of $625.
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