Our Futures Trading Results. Week 39 2021

Summary:

  • Our week in the markets using COT Strategy: +$7,896
  • Our week in the markets using Champion COT Strategy: +$16,180

 

 

A gain of +$24,076. That’s the trading profits from our commodity and futures trading according to COT data in week number 39. Welcome to InsiderWeek, my name is Max Schulz and in this video I’m going to show to you the trades and the corresponding results of this week. We started into the week with a portfolio that consisted of one open position namely two long contracts in Heating Oil. At the end of this week our portfolio consists of two open positions namely two long contracts and Coffee and 10 long contracts in Wheat. Let’s have a look at our trades one by one.

First market: Heating Oil. Here you can see that we didn’t receive a COT signal. In this case we use a technique that we also teach our students in our coaching program. On the daily chart you can see that we were triggered and that price quickly moved in our direction. Our target price has been reached after a couple of days and we realized a total gain of +$7,896. 

Next market: Wheat. Here we received a buy signal. We derive our decisions from the weekly chart from COT data, from seasonal trend, open interest, and other indicators as well. You can find the indicators and the weekly chart on our website. In general you can access our tools in german or in english. As mentioned before we received a buy signal in Wheat and on the daily chart we waited for the right timing. The price moved into our direction and at the moment we are long 10 contracts and in the win with +$15,000.

Next market: Coffee. In this market we also didn’t receive a COT signal. Nevertheless we have a specific technique to enter markets in such situations that our coaching participants also learn from us. On the daily chart you can see that we basically waited for some impulse waves in our direction and then we entered this market. We were triggered according to the plan and at the moment we are long in this market with two contracts.

Now let’s have a look at our second strategy the so-called champion strategy. As you can see we started into the week with a portfolio that consisted of three positions, namely two long contracts in Coffee, seven long contracts in Live Cattle, and four long contracts in Wheat. At the end of this week we are left with two open positions, namely in Sugar and in Wheat. Our accounting profit amounts to almost +$17,000.

First of all, in Gold we were stopped out very quickly after entering. We had a very close stop and that protected us from large losses. 

In Live Cattle we were triggered, however the price didn’t move into our direction. As the meats markets behave differently than other markets it is important to apply a careful risk management in these markets. As the price doesn’t move into our direction Live Cattle isn’t interesting to us anymore. 

Because we were stopped out in a couple of markets we decided to realize gains in Heating Oil. That worked perfectly. We realized gains twice which shows that our strategy works very well. 

Let’s have a look at the coffee trade. At the first time we didn’t have the right timing however the setup was still active and the fundamentals were very favorable for this market. Thus we waited for the right timing and at the second time it worked very well and we were rewarded with a great gain. As a result our coffee trade was very successful. 

On our website you have the chance to analyze our trades individually. As you can see from our Heating Oil trade we realized a total gain of +$5,700 and in Coffee we realized a gain of $14,080. In total our COT 2 strategy has a new all-time high as you can see from our equity curve here. As you know we began to trade this strategy in November 2020 and in almost a year we have gained a total of +$142,631. That’s an absolutely fantastic result and we are very satisfied with the strategy. However we are not surprised because we use the strategy also in the world trading championship where we realized the return of over 100 percent two times and 80 percent per year last year.

Now let’s have a look at our open position in Wheat. Here we were triggered two times with the right timing. The setup worked perfectly and we entered into this market with a very low risk. We could even adjust our stop loss such that parts of our accounting profit is protected. We plan to exit this market very soon because in the past we could see that such impulse bars were rare. We want to exit this market and if a new trading opportunity appears afterwards we would like to trade this market again.

Now let’s have a few words on CRB index as usual. Since last year the picture hasn’t changed and for one year we tell you that commodity prices are increasing and it’s wiser to stay on the long side of the market than on the short side, at least when it comes to commodity prices. This week our assumption was confirmed again. We were short in gold and we were stopped out. The long trades however performed wonderfully. As a result it is important to be aware that being on the long side of the market at the moment is more profitable in expectations.

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 always be aware of the risk because risk management is the key to success in trading.

Max Schulz and
the InsiderWeek team