This is the Weekly Summary Email of the Trade Spotlight advisory service for the week ending on July 9, 2021.
Short the October 2021 Sugar contract from .1791 (6/07/21). Marked settled at .1728. Marked-to-market gain of $705.60.
Long the September 2021 Japanese Yen on .90880 (7/09/21). Market settled at .90825. Marked-to-market loss of $68.75.
Buy stop for the Sugar contract on .1784, above Thursday’s high, GTC. (Profit: $78.40, plus commission and fees)
Buy limit for the Sugar contract on .1631, above a potential support level, GTC. (Reward: $1,792, minus commission and fees)
Sell stop for the Japanese Yen contract at .90240, below a lower support level, GTC. (Initial Risk: $800, plus commission and fees)
Sell limit for the Japanese Yen contract at .92440, a potential resistance level, GTC. (Reward: $1,950, minus commission and fees)
Step into the “Spotlight”
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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