Our Futures Trading Results. Week 43 2021

Summary:

  • Our week in the markets using COT Strategy: -$6,540
  • Our week in the markets using Champion COT Strategy: +$13,230

 

 

+$6,690 profits. That’s the trading result from our commodity and futures trading according to COT data in week number 43. Welcome to InsiderWeek. In this video I’m going to show to you the trades of this week and the corresponding results. We started into the week with a portfolio that consisted of zero positions. At the end of this week we are left with a portfolio that consists of one open position, namely 19 long contracts in Wheat. During the week we had another trade in Soybean Oil that we will talk about in a moment. Let’s have a look at the trades individually.

First market: Soybean Oil. For Soybean Oil we received a buy signal in the weekly trend direction. On the daily chart you can see that we had two trades in this market that were very successful. We decided to trade this market a third time. However this time we weren’t successful. We were stopped out with a loss of $6,540. Nevertheless the bullish setup in this market is still active and because of that we expect to enter this market with a long trade in the future again. 

Next market: Wheat. In Wheat we received a buy signal in the weekly trend direction. On the daily chart you can see that we waited for the right timing, our entry pattern appeared, and we took the chance to take this trade long. We are currently in the market with 19 contracts and we are well in the win. 

Now let’s have a look at our second strategy – the so called champion strategy. We started into the week with a portfolio that consisted of one open position, namely 12 long contracts in Wheat. During the week we closed this position and at the end of this week we are left with a portfolio that consists of two open positions, namely 13 long contracts in Bitcoin and eight short contracts in the 10-Year T-Notes. Let’s have a look at the reasoning behind these trades. Firstly, in Wheat we had two successful trades in the past. Because the uptrend is still active we decided to enter this market again and as you can see the decision to take this trade was a good decision and we made good profit with it. The Bitcoin market is in an uptrend at the moment and we use the correction that appeared on the daily chart to enter this market on the long side. We are currently in this market with 13 contracts. In the 10-Year T-Notes we made two short trades in the past which were very successful. Although we’ve seen very strong price moves in the 30-Year T-Bonds we decided to enter this market short again. At the moment we face an accounting profit of around $0. In the next week we will see how this market develops and then potentially take action. In the champion strategy we made a total gain of $13,230. As a reminder we started to trade the second strategy in November 2020. We started with a starting capital of $50,000 and now we made a total net profit of $207,600 within one year. That’s an astonishing accomplishment and we are especially proud of our coaching participants that learn from us and that are able to take part in this great success story. If you as a future trader or a beginner want to take the next step and want an approach that is replicable you can find the link to our website below our youtube videos and you can fill in your information such that we can contact you in order to answer all your remaining questions.

As always let’s have a look at the CRB index as usual and as you can see nothing really changed. We are still expecting to see higher commodity prices and in harmony with this observation we will focus further more on the long side of the markets.

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

 

 

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Do not miss out on future videos and see you all at the next trading report.

Max Schulz and
the InsiderWeek team