Our Futures Trading Results. Week 41 2021

Summary:

  • Our week in the markets using COT Strategy: +$9,276
  • Our week in the markets using Champion COT Strategy: +$16,380

 

 

+$25,656 profits. That’s a trading result of our commodity and futures trading according to COT data in week number 41. Welcome to InsiderWeek. In this video I’m going to show to you our trades of this week and the corresponding results. Before we start with our trading results let me announce to you that we have a free webinar on October 20. You are all very welcome to join. In the webinar Max Schulz shows to you how to build a great trading strategy using several simple trading rules. He will answer all your remaining questions and show you the path that he took. Additionally in the webinar he will announce a discount on the coaching program that you could benefit from. You can find the link to the webinar on October 20th on our webpage. You can click on register and then fill in your information such that you can join our webinar. This is your chance to ask all your questions directly to Max Schulz. At the beginning of the week we had two open positions in our portfolio, namely one long contract and Coffee and 11 long contracts in Soybean Oil. At the end of this week our portfolio consists of two open positions. Now we have 13 long contracts in Soybean Oil and 41 short contracts in the 10-Year T-Notes. In both positions we are very well in the win. Let’s have a look at each trade individually. 

First market: Soybean Oil. We had several buy signals in this market and we saw a strong support level around 55. On the daily chart you can see that on Monday in the last week we closed our open position because we saw that there was a correction to the downside. We closed the position to save our profits. Thus we realized a total profit of +$7,524. At the end of this week the trend continued to the upside and thus we re-entered using our entry techniques again.

Next market: Coffee. For the Coffee trade we can see that we didn’t receive a buy signal, however we expanded our COT strategy and entered this market long. In our coaching program we teach our students how to conduct such trades. On the daily chart we adjusted the stop loss on Thursday and we were stopped out on Friday. By this we protected our accounting profit and realized a total gain of +$1,752. 

Next market: 10-Year T-Notes. We have this market on our watchlist for a while now. On the daily chart you can see that we traded this market before and the bearish setup is still active. Because of that we took favor of the correction that we saw and entered this market again. 

Now a few words on our second COT strategy – the so-called champion strategy. At the beginning of the week we had positions in Australian Dollar and Soybean Oil, and at the end of this week we are left with position in Soybean Oil and the 10-Year T-Notes. In the last week in the champions strategy we made a total profit of +$16,380. In palladium there was basically no trend continuation and as this is an expensive market and our stop loss was very tight we made a loss in this market. Another loss appeared in Soybean Oil that was a wrong entry. We were stopped out at the correction and afterwards we re-entered this market. On the other hand side we made a trade in Australian Dollar which was very successful. We realized good profits in this market. A trade that we are very proud of is the trade in Bitcoin. We use our strategy on the cryptocurrency market and as Bitcoin has a future it also underlies COT data and we used our setup and made good money with it. Our last trade was made in the 10-Year T-Note. We had this market on the watchlist for a while. We traded it before and as we saw that the trend continued to the downside we used the correction to take our short trade.

Now a few words on CRB index as usual. For a very long time we preach that commodity prices are increasing and as we can see on this chart of the CRB index it is indeed wise to take trades on the long side of the markets. We expect commodity prices to increase further.

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

 

 

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

Max Schulz and
the InsiderWeek team