Futures Trading based on COT Report W15-20

by Michael Chechnev | Apr 12, 2020 | Trading week results

Hello Traders,

Today is Sunday and we traditionally summarize the last trading week and prepare our plan for the next trading week.
This week we didn’t close a position, so the summarize will be short.

By the end of the week we came up with a short position in soybeans.

Selling 9 contracts was on Monday. We entered the deal for our new setup from the 15th week.


This is our map of COT-Setups for week 15th. We worked on this map this week.


SOYBEANS (open position)

Soybeans is now in a downtrend. Also an argument for the fall is the indicator of supply and demand, which makes new lows. Based on it, we can see new low on Monday or Tuesday. However, it should be noted that expiration of the futures is coming soon, and this indicator may not work correctly. Of course, this must be taken into account.




Seasonality is also noteworthy. Seasonality, which we see above the daily chart below (green line), currently correlates well with 5, 10 and 15 year seasonality. This strong seasonal bulishl factor could push the price up.


Most likely, we’ll close part of the position tomorrow and roll over to a new contract. We’ll make the decision during the formation of the weekly plan.

Also pay attention to how confidently the price of soybean meal went down. Soybean Meal ignores the seasonal factor. If you remember, when entering the position, we compared the soy sector and at that time the soybean meal was stronger than soybeans. In fact, we see a different picture.



So, according to the open position of soybeans, we will make a decision tonight.


There is weekly rising candle and a chance that there will be growth next week. It is important that the height of week 12 be rewritten. We believe that growth will continue.


That’s all about our trading in this week.
Next, we are moving to planning trading week 16.

These detailed trading plans are published for members in our Insider Week community. Join us now!

Trade smart, Insider Week team

30 day FREE Trial

Our Trading Performance  HERE

Our COT-Trading Service https://insider-week.com/iw-cot-trading/

Risk Disclosure: Trading in futures, forex and CFD's involves a high degree of risk and is not suitable for every investor. An investor may possibly lose more than the capital deposited. Only risk capital should be used for trading, or parts of risk capital. Risk capital is money, the loss of which does not change the financial situation or does not affect life. Performance achieved in the past is not a guarantee of future profits.

Hypothetical Performance Disclosure: Hypothetical performance results have many inherent limitations, some of which are described below. The account results presented may vary significantly in gains and losses. One of the limitations of hypothetical results is that they are generated by known historical data. In addition, hypothetical trading does not involve financial risk - no hypothetical track record can represent the financial risks of actual trading. For example, there is a possibility that trading will be suspended or cancelled if losses are incurred, this can greatly change the actual results. Furthermore, there are numerous other factors that cannot be fully accounted for in hypothetical performance when implementing a trading program, and thus can affect actual results.

Testimonials appearing on this website are not representative of other clients and are not a guarantee of future performance or success.