This is the Weekly Summary Email of the Trade Spotlight advisory service for the week ending on July 16, 2021.
Open Positions
Long the September 2021 Japanese Yen on .90880 (7/09/21). Market settled at .90890. Marked-to-market gain of $12.50.
Working Orders
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)
Sell the October 2021 Lean Hogs 87.675 using a stop order, GTC.
If filled:
Place buy stop on 90.600, above the number three point and the 50-day Moving Average (90.350), GTC. (Initial Risk: $1,175, plus commission and fees)
Place buy limit on 73.500, a Wave Projection, GTC. (Reward: $5,670, minus commission and fees)
