This is the Weekly Summary Email of the Trade Spotlight advisory service for the week ending on January 21, 2022.
Short the March 2022 British Pound contract from 1.3600 (1/19/22). Market settled at 1.3551. Marked-to-market gain of $306.25.
Buy stop for the British Pound contract on 1.3660, above Thursday’s session high, GTC. (Remaining Risk: $375, plus commission and fees)
Buy limit for the British Pound contract on 1.3400, near the 61.8% Fibonacci Retracement, GTC. (Reward: $1,562.50, minus commission and fees)
Sell the April 2022 Live Cattle contract at 141.950 using a stop order, GTC.
Place buy stop on 143.850, above the left shoulder, GTC. (Initial Risk: $760, plus commission and fees)
Place buy limit on 139.950, near the 89-Day Moving Average, GTC. (Reward: $800, minus commission and fees)
Step into the “Spotlight”
Send questions specific to current or past trade recommendations, or any commodity related questions to email@example.com.
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