Today is “Back to the Future” Day, as was documented in the famous 1985 movie and rather than talk about fictitious movie scenes, we want to talk about profits – from Futures of course.
Most traders know that Futures trades often have big, trending moves and thus timing is the key to success in these markets. Too often though, traders will miss the onset of a big move because they’re relying on lagging indicators that fail to give them advance warning of a trend change.
A few weeks ago we demonstrated how traders can get into the Futures market with low margin. If you followed our forecasts back then you would have gotten into some incredible positions that led to lucrative profits as captured below.
- Natural Gas – 22-day position that resulted in $1890 profit per contract.
- US Dollar – 11-day position that resulted in $1427 profit per contract.
- Cocoa – 13-day position that resulted in $2170 profit per contract, followed by a 6-day position in the opposite direction that resulted in $1030 profit per contract. Total profit = $3200 over 19 days.
- Orange Juice – 20-day position that resulted in $2404 profit per contract followed by a 10-day position in the opposite direction that resulted in $3972 profit per contract. Total profit = $6376 over 30 days.
- Live Cattle – 17-day position that resulted in $6599 profit per contract followed by a 10-day position in the opposite direction that resulted in $5447 profit per contract. Total profit = $12,046 over 27 days.
