Our Futures Trading Results. Week 34 2021

Summary:

  • Our week in the markets using COT Strategy: +$0
  • Our week in the markets using Champion COT Strategy: +$0

 

 

Welcome to InsiderWeek. In this video I’m going to show to you the trading results for our commodity and futures trading according to COT data in week number 34. For week 34 in both our strategies we had a net result of $0. Nevertheless we opened two trades during the week that we are going to look at in this video. At the beginning of the week our portfolio consisted of one open position, namely four contracts in 30-year T-Bonds. Here we were almost $12,000 in the loss. At the end of this week we are still in this position and we are now $7,000 in the loss first. 

Let’s have a look at our trade in the 30-year T-Bonds. We discussed this trade in the last trading results video. First of all you can see that we received a sell signal on the weekly chart. We derive our buy and sell signals from COT data, seasonal trend, open interest, and other indicators as well. On the daily chart you can see that we were triggered according to our entry pattern. First of all the market moved against us into a correction. We expected that because if you can see as in this example a strong trend against our direction a trend reversal probably is accompanied by strong corrections as well. You can see that price moved up on Friday. However we know that usually bonds are strong on Fridays. So we expect this to be a correction and we expect the market to move into our direction to the downside. 

Next market Natural Gas: You can see that we received a buy signal on the weekly chart. We were unfortunately stopped out two times in this market. Our re-entry didn’t happen. However we can see that last week we had a strong up move. From this we conclude that our setup was very good. However our timing was not quite right. On the weekly chart we can see that the large speculators built up positions in the direction which is a bullish sign. In harmony with seasonal trend we expect higher prices and because of that we will look for new re-entry possibilities.

For our second strategy the so-called champion strategy we also had a net result $0 this week and nothing changed compared to last week. We are still in two open positions which are in the win but still not realized gains. Our total net profits in the champions strategy amounts to $125,000. This result represents a total performance of 250 percent in less than 12 months.

In the end let’s have a look at CRB index as usual. You can see that in the last weeks price moved in a range. In the last week there was a strong up move in the commodity prices. From this we expect to see higher commodity prices. 

It’s end of August and the American holiday period comes to an end. We always recommend to our coaching participants to take breaks during this phase because the markets tend to be less trendy in this period. We are going to see better and clearer moves in the fall. 

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

 

 

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Thank you for your attention and as always be aware of the risk because risk management is the key to success in trading.

Max Schulz and
the InsiderWeek team