This is the Weekly Summary Email of the Trade Spotlight advisory service for the week ending on Friday, March 19, 2021.
Long the June 2021 British Pound contract from 1.3946 (3/11/21). Market last at 1.3889. Marked-to-market loss of $356.25.
Sell stop for the British Pound contract at1.3783, below recent lows and the lower trend line, GTC. (Initial Risk: $1,018.75, plus including commission and fees)
Sell limit for the British Pound contract at 1.4183, near the twelve-month contract high, GTC. (Reward: $1,481.25, minus commission and fees)