Our Futures Trading Results. Week 48 2021

Summary:

  • Our week in the markets using COT Strategy: +$0
  • Our week in the markets using Champion COT Strategy: +$48,567

 

 

+$48,567 profits. That’s the trading result from our commodity and futures trading according to COT data in week number 48. 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 one open position, namely Soybeans. Here we had six long contracts. At the end of this week we have an additional position in our portfolio, namely Live Cattle with 17 long contracts. Let’s have a look at our trades individually.

First market: Live Cattle. We traded this market for a couple of weeks and you know that market by now and we received a buy signal a couple of weeks ago. On the daily chart you can see that we traded this market two times and now we entered this market again. We expect price to increase and we wait for our target price to be reached. Next market: Soybeans. In Soybeans we received a buy signal a couple of weeks ago we decided for a trade in harmony with the seasonal trend. On the daily chart you can see that we basically traded against the daily trend. Because of that we decided to put in a large stop loss range. You can see that after we’ve been triggered the price corrected and so we could hold through the correction and now the price increased again and we are slightly in the win. Also in Soybeans we wait for our target price to be reached.

Now let’s have a look at our second COT strategy – the so-called champion strategy. As you can see we started into the week with a portfolio that consisted of one open position, namely Coffee, one long contract. At the end of this week we have another Coffee trade with three long contracts and we have a Wheat position with 10 long contracts. In the champions strategy we made a total gain of +$48,567 profits. Let’s have a look at the trades that produced those profits. Wheat is the trade where we were stopped out very quickly. We re-entered this market this week and now we are waiting for our target price to be reached. Our trade in Lumber is surely the trade of the year as you can see we were triggered with a very very small stop-loss range and according to the plan price increased in an impulse wave. This trade brought a lot of profits and that’s why it is a success. In the Coffee market the price turned around in the beginning of the last week so we decided to close this position at breakeven. After we’ve seen that price actually halted and then turned around to the upside in the direction of the daily trend again we entered this trade again with a long trade where we have three long contracts.

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

 

 

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

Max Schulz and
the InsiderWeek team