Futures Trading based on COT Report W44-20

Hello Everyone,

Today is Sunday and we traditionally summarize the last trading week and prepare our plan for the forthcoming trading week.

This week has been rather boring in our trading. We closed only one trade and we have no open positions at the end of the week.

Let me remind that during the week we work only with those instruments that we chose on Sunday through a detailed analysis. This allows you to maintain focus and emotionally avoid entering those trades for which fundamental analysis has not been performed.

Now let’s take a look at last week’s deal.

As I mantioned above, we have no open positions at the moment.


Futures Trading based on COT Report W44-20 -01.11.2020-

COFFEE – closed position, profit $1,162

SetUp to sell for Coffee was published in the weekly trading plan W39. The trade was opened October, 19 and closed this week with a profit of $1,162. This is the third trade on this signal in coffee. Past trades were closed with a profit and the total profit from the setup is $7,818.

In general, the price of coffee continues to decline. The COT index didn’t return to the buying zone, so the chances of a decline remain.

In terms of indicators, the situation is twofold.
1. Seasonality is generally downward, but there are short-term upward ranges.
2. Accumulation is done by new lows.
3. However, there is a momentum divergence, which indicates a possible trend reversal.

Perhaps conflicting signals are coming due to the umcoming rollover to a new contract.

Today we will collect all the fundamental data together and will make decisions on the further strategy in coffee.

Futures Trading based on COT Report W44-20 -01.11.2020-


Futures Trading based on COT Report W44-20 -01.11.2020-


Futures Trading based on COT Report W44-20 -01.11.2020-

INDEX CRB

The uptrend is broken here. It can be assumed that a trend reversal is beginning and short COT signals to commodity markets will soon appear.
We think that in the near future we will see a downward movement in the CRB index and, accordingly, the commodity market.

Futures Trading based on COT Report W44-20 -01.11.2020-

That’s all about our trading in this week.
Next, we are moving to planning forthcoming trading week 45.

These detailed trading plans are published for members in our Insider Week community. Join us now!

Trade smart, Insider Week team

Find out everything about our trading based on COT data?

Come into the trading group COT-Trading

OUR OFFER