Our Futures Trading Results. Week 19 2021

Summary:

  • Our week in the markets using COT Strategy: -$9,778
  • Our week in the markets using Champion COT Strategy: +$1,571

 

 

A loss of -$8,207. That’s the trading result from our commodity and futures trading according to COT data in week number 19. Hello and welcome to InsiderWeek. My name is Max Schulz and in this video I’m going to show to you the trades from the last week and the corresponding results.

We started into week 19 with a portfolio consisting of 1 open position which was sugar where we were long by 24 contracts. During the week we closed this position. We also had another trade in gasoline and at the end of week 19 we had 0 open positions.

First market gasoline: On the weekly chart you can see that we received a buy signal. On the daily chart you can see that in the past we’ve conducted a long trade that was pretty successful. Afterwards we’ve waited for a correction to buy the market again. We planned our trade for Monday and unfortunately we used market orders here. The market opened with a large gap. In this way our risk was doubled so we had to realize not -$5,000$ but -$10,000. In the future we will use stop limits. This is our learning and we’ve learned from this trade. Each mistake makes us more professional and a better trader. We are going to integrate our experience and our won knowledge into our trading. This is the way to handle it professionally and then move on.

Next market sugar: On the weekly chart you can see that we received a buy signal and we received it 5 weeks ago. On the daily chart you can see that we made a long trade in the past and made good profits here. Afterwards price moved into our direction and we were pleased to see that because it moved in the direction of our COT signal which is a good confirmation. We afterwards used the correction to go long. We were triggered according to the plan and afterwards price didn’t move in our direction anymore. Instead price remained at the same level. For us, we estimated the risk of staying in the market as too high. We closed the position at breakeven.

Now a few words on our second COT strategy the so-called champion strategy. Here we started into week 19 with 3 positions. We had 5 short contracts in dollar index, 2 long contracts in coffee, and 2 long contracts in wheat. At the end of the week we are left with the position in dollar index where we are well in the win with about +$3,000. During the week we closed the positions on coffee and wheat and furthermore we conducted one trade in sugar. On our website you can observe our last trades individually as you can see at wheat we made a loss of -$1,150 because a correction stopped us out. In sugar we also realized a loss of -$1,866. However the profits from our coffee trade were large enough to balance out the losses. So in total we could realize a total gain of $1,571 this week. 

In the end let’s have a few words on CRB index as usual. As you can see in the last couple of weeks price always increased. In the last week we faced a small correction bar which is completely normal. We will use this correction in commodity prices to look for long trade opportunities. We will show you in our trading group as always which markets we are going to select. 

 

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 all many successful trades for the next trading week and as always be aware of the risk because risk management is the key to success in trading!

 

Max Schulz and
the InsiderWeek team