This is the Weekly Summary Email of the Trade Spotlight advisory service for the week ending on Friday, February 5, 2021.
Open Positions
Short the March 2021 Canadian Dollar contract at 77.990 (1/28/21). Market settled at 78.325. Marked-to-market loss of $335.
Short the March 2021 Euro FX contract at 1.20670 (2/01/21). Market settled at 1.20525. Marked-to-market gain of $181.25.
Short the May 2021 Chicago Wheat at 646’6 (2/03/21). Market settled at 641’2. Marked-to-market gain of $275.
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)
Buy stop for the Euro FX contract on 1.2107, above recent session highs, GTC. (Remaining Risk: $500, plus including commission and fees)
Buy limit for the Euro FX contract on 1.1680, near the 200-day Moving Average, GTC. (Reward: $4,837.50, minus commission and fees)
Buy stop for the Chicago Wheat contract on 671’0, above recent session highs, GTC. (Initial Risk: $1,212.50, plus including commission and fees)
Buy limit for the Chicago Wheat contract on 571’0, near the 200-day Moving Average, GTC. (Reward: $3,787.50, minus commission and fees)
