Our Futures Trading Results. Week 5 2023

Max Schulz

February 7, 2023

5 minutes read

Our results of the week

Realized result

+$24.031

Pro Account

+$13.150

Champion Account

+$11.195

Weather Account

+$0

Startup Account

-$314

COT-1 Strategy

W05 Portfolio

Started the trading week

Finished the trading week

We will not have COT data this week due to technical issues of CFTC.

CRB index is expected to hit the bottom next week in line with seasonality after which new growth is possible.

This checklist from week 5 will be still valid for this week as new COT report was not issued.

Initially we were planning a position in Crude oil , however, then we noticed active SELL signals in heating oil and gasoline on the next slide.

Two correlating markets are signalling strong bearish trend therefore we plan to exit all energy related deals.

We see that the market have broken the resistance level, COT signals are active and therefore strong bearish trend in ALL energy sector is expected.We will check this market next week.

There was a fresh BUY set up.

However, last week we warned that Mexican Peso is reaching the resistance level of commercial hedgers which is a very important level.

As we predicted earlier moving average could not break through the resistance level last week.

It was reported in our paid subscriptions Telegram channel. Typically, we post sell signal in our paid channel and then execute it in about 10-20 minutes to capture the market trend and exit the deal with profit.

We had an active BUY signal last week and traded it in line with trend. Then the signal reversed and after that turned to BUY again which is a very bullish sign. This is so called “counter COT signal”.

So we traded on so called Counter COT signal and closed positions in all currencies. Check more details in our market report that is issued every Monday. We are expecting that currencies will likely turn bearish after reaching major support levels and DXY in short term is expected to appreciate slightly.

We have active SELL set up

Moving average reached commercial hedgers resistance level last seen in 2018. If this level will be surpassed large impulse movement is likely to happen as we see here.

We chose a strategy of impluse moves rather than rolllbacks. It proves to be working well this time. We are in profit zone with this trade, watching the market closely this week. We have our stop loss identified here.

COT-2 Strategy

W05 Portfolio

We reached new high in our COT 2 strategy profit this week.

We had three deals this week on COT 2 strategy. Mexican Peso closed the deal with little loss. First week worked really well. The second week at zero.