This is the Weekly Summary Email of the Trade Spotlight advisory service for the week ending on July 30, 2021.
Open Positions
Long the September 2021 Japanese Yen on .90880 (7/09/21). Market settled at .91135. Marked-to-market gain of $318.50.
Short the October 2021 Lean Hogs at 89.500 (7/29/21). Market settled at 88.025. Marked-to-market gain of $590.
Working Orders
Sell stop for the Japanese Yen contract at .90610, below Tuesday’s low and the 20-day Moving , GTC. (Remaining Risk: $562.50, 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)
Buy stop for the Lean Hogs contract on 92.400, above yesterday’s session high, GTC. (Initial Risk: $1,160, plus commission and fees)
Buy limit for the Lean Hogs contract on 80.900, the number two point, GTC. (Reward: $3,440, minus commission and fees)
