This is the Weekly Summary Email of the Trade Spotlight advisory service for the week ending on November 12, 2021.
Long the January 2022 Orange Juice on 123.00 (11/10/21). Market settled at 129.85. Marked-to-mark gain of $1,027.50.
Sell stop for the Orange Juice contract at 126.75, below Friday’s session low, GTC. (Profit: $562.50, plus commission and fees)
Sell limit for the Orange Juice contract at 133.00, near the 50% Fibonacci Retracement Level, GTC. (Reward: $1,500, minus commission and fees)
Stopped out of the short December 2021 Canadian Dollar futures contract from 80.970 (10/22/21) on 80.470 (11/10/21) for a profit of $500.
Stopped out of the short March 2022 Corn futures contract from 571’0 (11/04/21) at 568’0 (11/09/21) for a profit of $150.
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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
Contact your Daniels Trading broker by phone or email to place this trade.
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