Yesterday I opened new position of NGG18-NGF18 with 4cts at price -0.008 and init SL = -0.023.
I refreshed my watch list with new strategy.
I prefer defensive trading approach that’s why last couple of weeks there were not a lot of setups to watch. But …
Buy SBH18-SBV17: long March 2018 Sugar and short October 2017 Sugar.
April 4: bought 3 contracts when 1-2-3 pattern occurred. This signal was fake, the price went back and created channel for several weeks.Read More »
List of calendar commodity spreads I consider to trade in May.
List of calendar commodity spreads I consider to trade in April.
Date of analysis: March 11, 2017
Every two or three weeks I search for commodity spreads with high probability of potential profit. First I apply filter with around 20 criteria on thousands of combinations of trading setups. And then I do detail analysis on every filtered spread. The goal of detail analysis is to filter out less stable spreads and keep the best ones. Usually I find two or three favorite candidates and some less preferred.
In this post I am going to publish high probability trading setups as the result of my analysis which I consider to trade in March.
Monthly P/L: 6%
Commissions: -0.2 %
Monthly P/L inc. commissions: 5.8 %
YTD P/L inc. commissions: 5.8%
Since inception inc. commissions: 23.7%
Overall performance statistics.
Buy ZWH17 – ZWZ17: long March 2017 Wheat and short December 2017 Wheat.
January 26: bought 1 ct at price -59 based on the breaking the resistance and 1-2-3 pattern. The seasonality just started. Risk per trade 1,5 %. Initial SL = -65, PT = -51.