Yesterday was the exit of the Australian dollar futures seasonal trade which I discussed in my premium content. It incurred a loss of $920 per contract, despite a 12-year winning streak previously. This may be the peril of a trade that is not based on any fundamental rationale that I know of, as well as an in-sample bias that I alluded to in my previous article. I will keep it on my watchlist for another year.
By the way, due to a technical glitch, my previous article on seasonality in commodities futures was not sent to many subscribers, so here is the link.