Traders-
We have put on 4 spreads since the launch of this new subscription based (RBOB,Corn, Nat Gas and Crude Oil) and we are happy to announce that we remain in all 4 spreads and they are performing well thus far. We wanted to keep you in tune with how they are performing so in addition to the text below, tune in to this short video update and check them out. Great job to all those participating, well done!
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Check out this video: https://videos.danielstrading.com/watch/z7WYR7mmG1Zqkr5CdW22Jn?
(All profits and losses discussed below are BEFORE fees)
#1) September / October RBOB spread
- Short September
- Long October
Entry date: July 10th
Entry price: 0.1596
Last price: 0.1563
P/L: +$138.20
Seasonal CHART
(click image to enlarge)
#2) December / May CORN spread
- Short December
- Long May
Entry date: July 18th
Entry price: -11 ½ cents
Last price: -17 cents
P/L: +$275.00
Seasonal CHART
(click image to enlarge)
#3) October / March NATURAL GAS spread
- Short October
- Long March
Entry date: July 22nd
Entry price #1: -0.26 cents
Entry price #2: -0.30 cents
Last price: -0.34 cents
P/L #1 entry price: +$800.00
P/L #2 entry price: +$400.00
Seasonal CHART
(click image to enlarge)
#4) January / March CRUDE OIL spread
- Short January
- Long March
Entry date: July 30th
Entry price #1: 0.45 cents
Entry price #2: 0.55 cents
Last price: 0.43 cents
P/L #1 entry price: +$20.00
P/L #2 entry price: +$120.00
Seasonal CHART
(click image to enlarge)
Happy Trading,
Andrew Pawielski & Brian Cullen
Creators of Seasonal Spread Trader
Subscribe to Seasonal Spread Trader
Seasonal Spread Trader - Seasonal Spread Trader is an advisory product for hybrid traders that pinpoints the unique seasonality price patterns in the commodity futures markets. The advisory leverages the extended market experience of the author in combination with a process that overlays proprietary analytics and chart pattern recognition to identify high-probability trading opportunities. The spread trading approach offers the benefits of reduced margins and volatility as compared to trading flat price futures contracts.
Risk Disclosure
This material is conveyed as a solicitation for entering into a derivatives transaction.
This material has been prepared by a Daniels Trading broker who provides research market commentary and trade recommendations as part of his or her solicitation for accounts and solicitation for trades; however, Daniels Trading does not maintain a research department as defined in CFTC Rule 1.71. Daniels Trading, its principals, brokers and employees may trade in derivatives for their own accounts or for the accounts of others. Due to various factors (such as risk tolerance, margin requirements, trading objectives, short term vs. long term strategies, technical vs. fundamental market analysis, and other factors) such trading may result in the initiation or liquidation of positions that are different from or contrary to the opinions and recommendations contained therein.
Past performance is not necessarily indicative of future performance. The risk of loss in trading futures contracts or commodity options can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results.
Trade recommendations and profit/loss calculations may not include commissions and fees. Please consult your broker for details based on your trading arrangement and commission setup.
You should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources. You should read the "risk disclosure" webpage accessed at www.DanielsTrading.com at the bottom of the homepage. Daniels Trading is not affiliated with nor does it endorse any third-party trading system, newsletter or other similar service. Daniels Trading does not guarantee or verify any performance claims made by such systems or service.
