Our Futures Trading Results. Week 14 2022

Our results of the week

Realized result

-$13,079

Pro Account

-$10,944

Champion Account

+$0

Weather Account

-$2,135

-$13,079. That’s the trading result from our commodity and futures trading according to COT data and our extreme weather analysis in week 14. Welcome to InsiderWeek. In this video I’m going to show to you our trades of this week and the corresponding results. We are applying three strategies. In our first COT strategy we use buy and sell signals that we derive from the analysis of the COT report which is published each and every week. This report is for free and here we get our signals from. In this first strategy we started into the week with one open position, namely 12 long contracts in Live Cattle. At the end of this week we are long seven contracts in Cotton and long five contracts in Coffee. Let’s have a look at the trades of this week. First market is Live Cattle. In Live Cattle we received a buy signal in the weekly trend direction. Although the seasonal trend is decreasing for the next period we decided to enter this market. On the daily chart you can see that the trend was indeed increasing. We used the correction that appeared to enter this market because we were convinced that the price is going to increase. However after we’ve been triggered you can see that the price has actually declined. On this chart you can see a potential reason. Maybe the price is developing a range market. You can see that the price bounced back from the support level and now we will see how the price is going to develop in the near future. For now we will stay on the sideline. We will be patient and observe this market and then we will see in what way price action will develop. Next market: Cotton. On Cotton the COT data delivered a buy signal to us. This buy signal didn’t receive confirmation from the seasonal trend which was declining. Nevertheless we decided to enter this market. On the daily chart you can see that the price was actually increasing. We used the correction to take a position in this market. However the trend continuation to the upside didn’t happen. Instead the price went to the downside and now it is extremely close to our stop-loss order which means that the probability to get stopped out in this market is very high for the next week. Next market is Sugar. In Sugar we received a buy signal in the weekly trend direction. As before seasonal trend was not on our side however we decided to take a trade. On the daily chart you can see that we were triggered in this market and the price developed as expected to the upside. The price continuation is what we wanted to see. On Friday we decided to exit the trade at the end of the trading day. In this way we could balance out the losses of this week. In this trade we made a total profit of +$12,936. Next market is the S&P500. Here we received a buy signal in the weekly trend direction which is a preferred setup for us. On the daily chart we made a mistake. We unfortunately misinterpreted a potential entry pattern which was actually not available. This was our fault and the market gave us a penalty shortly afterwards such that we were stopped out with a total loss of -$10,800. This is a mistake, however the S&P500 is still a very interesting market and we are observing this market to try to find a re-entry. The next market is Coffee where we received a buy signal in the weekly trend direction as well. On the daily chart we waited for the price to show a trend reversal first. After that impulse wave appeared we used the correction to enter this market. On friday we entered this market and the price went into our direction producing a bullish impulse bar. We are long five contracts in Coffee and we wait for our target price to be reached.

Now let’s have a look at our second COT strategy, the so-called champion strategy. The champion strategy offers more trading possibilities and trades are conducted in a quicker way. We started into the week with an empty portfolio and we used the week to build up positions. At the end of this week we currently have four open positions, namely in Cotton, in the S&P500 E-Mini, in Lean Hogs, and in Coffee. As we used the week to build up positions we didn’t realize any gains in this strategy such that our net profits are +$0. Let’s have a look at the individual trades. In Cotton the picture looks similar to the first cot strategy. We used the correction to enter this market and the price is currently close to our stop loss such that it is quite probable that we get stopped out on Monday. In the S&P500 E-Mini we took the correct entry pattern compared to the COT strategy. We are in the market and we expect the price to increase in the next week and follow the COT signal. In Lean Hogs we used the correction to enter the market with our long trade. As you can see the market showed us impulse waves to the upside and now it’s developing in our COT signal’s direction. The Coffee trade in the champion strategy is comparable to the Coffee trade in the COT strategy. We were patient and we waited for the trend reversal to take place and now we use the correction to participate in the trend continuation. The market showed us a great impulse bar to the upside and we expect the price to increase further more in the next week.

Now let’s have a look at our weather trading account. We were stopped out in one of our positions and that’s why we have a net result of -$2,135 this week. Here you can see that we were stopped out in Lean Hogs. This trade produced the loss of this week. On this chart you can see that we used the next period’s contract to take a re-entry in Lean Hogs. We are convinced of this market and as you can see the daily uptrend is intact. We also took a trade in Coffee in the weather trading account. As a result we have a Coffee position in all three of our accounts. Our year-long experience has shown that these strategies that we are using are complementing each other such that the diversification effects make our equity curve as smooth as we want it to be. As a result we adjusted our Coffee positions in each strategy and we took only one contract in each strategy such that we avoid to have cluster risk in all of our portfolios. In our fundamental analysis of the Coffee market one news stood out and that is that Brazil gets its final wave of crucial Russian fertilizers. Afterwards the supply from Russia is expected to be stopped. As Brazil is a key supplier of the world coffee market these news confirm our long trades.

Finally as always let’s have a look at the CRB index which is the commodity price index. You can see that the commodity price index is currently in a range and that’s what we see in the individual markets of this week. Markets are either correcting or in a sideways market. So in the aggregated commodity price index we have no trend continuation to the upside yet.

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

Our track record from 2014 to present

Thank you for your attention and we wish you successful trades for the next trading week.

Max Schulz and
the InsiderWeek team

About the author

Max Schulz is a professional futures and commodities trader. He is the founder and head of InsiderWeek. For many years he has been helping people achieve their financial goals by training them in futures trading.

Das könnte dich auch interessieren

Bulletin
Commodities Markets Report. Week 45 2022

Sugar is bearish on the back of larger sugar production from India and Brazil, Thailand...

Read more >>
Trading results
Our Futures Trading Results. Week 46 2022

-$1.948 — that’s the trading result from our commodity and futures trading according to COT data and our...

Read more >>
Bulletin
Commodities Markets Report. Week 44 2022

This year La Niña returns for the third consecutive winter, driving warmer-than-average temperatures for the Southwest...

Read more >>
Trading results
Our Futures Trading Results. Week 45 2022

-$3.016 — that’s the trading result from our commodity and futures trading according to COT data and our...

Read more >>
Bulletin
Commodities Markets Report. Week 43 2022

Below-average sea surface temperatures (SSTs) continued across the central and eastern equatorial Pacific Ocean during September...

Read more >>
Trading results
Our Futures Trading Results. Week 44 2022

+$16.871 — that’s the trading result from our commodity and futures trading according to COT data and our...

Read more >>
Bulletin
Commodities Markets Report. Week 42 2022

La Niña continues in the tropical Pacific, and is likely to persist into early 2023. Both atmospheric...

Read more >>
Trading results
Our Futures Trading Results. Week 40 2022

-$84 — that’s the trading result from our commodity and futures trading according to COT data and our...

Read more >>
Trading results
Our Futures Trading Results. Week 39 2022

+$9,946 profits. That’s the trading result from our commodity and futures trading according...

Read more >>
Trading results
Our Futures Trading Results. Week 38 2022

+$3,772 profits. That’s the trading result from our commodity and futures trading according...

Read more >>
Trading Strategy
3 Swing trading strategies for professionals and very busy people

You want to trade the world's financial markets success...

Read more >>
Trading Strategy
Learn swing trading: how to start swing trading step-by-step

You want to start learning how to trade, but you have no idea what exactly and where...

Read more >>
COT Report Trading Strategy

This is one of our major strategies that allowed us to increase our trading capital from $ 14.000 to over $ 550.000 within just 6 years...

Learn more >>

Sign up for our newsletter

We will notify you of upcoming webinars. We promise to only send the most useful information and not to spam.