Futures trading based on COT report W03-2021 InsiderWeek 24.01.2021 Weekly Results Hello Insiders, Today is Sunday, January, 24th and we traditionally summarize the last trading week. At the end of the week we came with a long position in the US dollar index. US DOLLAR – open position Signal to buy for Dollar index was published in the weekly trading plan W02. The position was opened on January 14, but there was no upward movement. The positions are opened in PRO account and small account. We still believe that the current short-term upward movement on which the position was opened is not a reversal of the global trend, but a temporary correction. If it was a reversal, then there would be a rapid impulse growth. On Thursday, we decided to exit the position at the breakeven level, but so far we have not succeeded. We hope that there will still be a slight upward price movement and we will close the position without losses. In general, a trend reversal and a possible upward movement of the dollar index show both cycles and a seasonal factor, but if the situation develops similarly to the current scenario, the dollar will strengthen uncertain without interesting trend movement. INDEX CRB Below you can see the seasonal pattern of the CRB index. In this chart, the CRB index is close to a height. We see that a correction is possible in a near future. This correction happens almost every year. We have a lot of short signals fro commodities and now the main thing isn’t to rush and choose the right time to enter to deal. Most of the markets are in flat moments at the moment. That’s all about our trading in this week. Next, we are moving to planning forthcoming trading week 03. These detailed trading plans are published for members in our Insider Week community. Join us now! Trade smart, Insider Week team Our Trading Performance HERE Our COT-Trading Service https://insider-week.com/en/iw-cot-trading/
