Our Futures Trading Results. Week 11 2021

Summary:

  • Our week in the markets using COT Strategy: +$117
  • Our week in the markets using Champion COT Strategy: +$1500

 

 

Hello and welcome to Insider Week. In this video we are going to discuss the weekly trading results from our Commodity and Futures trading according to COT data. Last week in the first strategy, the COT strategy we realized a gain of $117 and in our champion strategy we realized a gain of $1,500. Let’s have a look at the results in detail. Fist of all, our COT strategy at the beginning of the week, we started our portfolio with a short contract in gold in each account. The large and the small account we had one contract then. Furthermore we had one contract long in gasoline and at the end of the week we were left with one position which was 10 short contracts in cocoa. Let’s start with gasoline on the weekly chart. You can see that we received a buy signal on the weekly chart. We are basically analyzing COT data net positions, COT index open interest and trends to derive our buy or sell signal.

We’re using the daily chart to do our timing here. We can see that we had a correction for a couple of days. We used that to get long in the market. Regarding the target price, we wanted to stay in the market just for approximately two days. We’ve stuck to our plan. We exited the trade on Monday and realized a gain of $3,397. The mixed market is gold here. We received the buy signal but we were positioned short prior to that. We made a short trade in a weekly trend direction because as you can see the weekly trend reversed from increasing to decreasing. Thus we looked for short entry. We can see that in the past corrections were sold off very well. That’s why we’ve waited for correction to take our short position and, unfortunately, we were stopped out two days later and had a loss of $3,280. We’ve conducted the same trade on our small account with a micro contract. Micro gold contracts are liquid enough for us and thus very well tradable and is well suited for small accounts. Next market cocoa is explained the previous week’s video. We are observing a resistance level here and in harmony with the seasonal trend we found the possibility for short position. We used that possibility and our entry pattern was available. We went short 10 contracts in this market and in our regular trading plans we discuss how exactly we are managing the position.

Now let’s have a look at our champion strategy. We started the week with two positions: four contracts long in sugar, one contract short in soybeans. During the week we closed both positions and took three short contracts in cocoa.

Let’s have a look at our profit and loss table that you can see here. In sugar we had some loss, in coffee we also had some loss. However, the trade in the 30-year t-bond was large enough not only to balance out our losses but also to give us a total surplus this week. As a result, we made an all-time high in our champion strategy. We are pleased to see a total net profit of $53,025. As always let’s have a look at the commodity index. In the end we can see that price struggles to cross this resistance here thus there could be a correction. We are, however, well prepared on the short side. We have setups and if a trend reversal appears we are ready to go on with our short trades.

That’s it from our site this week. Thank you all for your attention and see you again for a regular trading results video next Sunday.

 

HERE you can find a summary of all individual trades and a comparison of the results of both strategies:

 

 

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We wish you a successful trading week! See you next time!

 

Max Schulz and
the InsiderWeek team