By Erik T. Long

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So far By Erik T. Long has created 45 blog entries.

Taking Profits.

By |December 3rd, 2017|

It is time to cash in on a few trades. If you have been following my short term trade picks in November, you have been cashing in on some good trades. December 1 saw the exit of both Cocoa and Platinum. Cocoa was a tricky trade with several reversals, but we managed to manage risk and make out well over all on Friday. See below for the exact profits based on open price exits. Commissions are not included.The original entries and updated market exits are:1) Soybean Oil - Enter Short - Exited -

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Price Updates.

By |November 27th, 2017|

Time Horizons Extended from Last Week. We had some time horizon changes with the predictors. See below for the new exit dates from last week's trading picks. Most of the trades are already in substantial profits. I list a couple that I think can be exited now, but no later than the revised date. If you liquidate all trades today, you have made a substantial profit on these trades. Maybe something to think about.The original entries and updated market exits are:1) Soybean Oil - Enter Short -

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Price Updates.

By |November 21st, 2017|

Time Horizons Extended from Last Week. We had some time horizon changes with the predictors. See below for the new exit dates from last week's trading picks.The original entries and updated market exits are:1) Soybean Oil - Enter Short - Exited - $600 Profit2) Corn - Enter Long - Exit on December 153) Cocoa - Enter Short - Exit now, Reverse, go long and exit on December 84) Copper - Enter Long - Exit December 155) Lean Hogs - Enter Short - Exited - $1600 Profit. Risk takers can hold until

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So Far, So Good. Cashing in Today.

By |November 17th, 2017|

100% Profits. If you exited the Hogs, you are batting 100% so far. Today our Soybean Oil trade should be exited. If you exit your contract now, you are up about $600 dollars per contract.The original entries from November 8 and updated market exits are:1) Soybean Oil - Enter Short - Exit TODAY - $600 Profit2) Corn - Enter Long - Exit on December 13) Cocoa - Enter Short - Exit now, Reverse, go long and exit on November 214) Copper - Enter Long - Exit December 15) Lean Hogs - Enter Short - Exit

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Hog Heaven.

By |November 16th, 2017|

Lean Hogs Trade is Strong.Our Lean Hogs trade from November 8 is up about $1,600 per contract. We may not want to be a pig on this one and take profits. I will have updated forecasts this weekend, but it looks good to me for an 8 day trade.Not a member...

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Price Updates.

By |November 13th, 2017|

These are recent updates to the trade forecasts from last week. Lean Hogs are looking good.We had some time horizon changes with the predictors. See below for the new exit dates from last week's trading picks. Lean Hogs have gone straight down since our bearish short call. You can take profits now, or try for more based on the new predictions.The original entries and updated market exits are:1) Soybean Oil - Enter Short - Exit on November 172) Corn - Enter Long - Exit on December 13) Cocoa -

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The Word of the Day?

By |November 8th, 2017|

"Contrarian!"This is the word I would use to describe my trading picks this week. Many of our subscribers asked if I can look for some short term commodity trades. After a careful analysis of the AI algo report, these are the markets I discovered. The TradeView prediction algorithm was used to find an exit horizon before we enter, so here you go!Today's market picks are:1) Soybean Oil - Enter Short - Exit in two weeks2) Corn - Enter Long - Exit in three weeks3) Cocoa - Enter Short - Exit in two

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Back to the Rabbit Hole.

By |October 10th, 2017|

Cashing in on Harvey.While it pains me that Hurricane Harvey caused so much damage to our friends and loved ones, we still can't forget our hedge.I feel it is time to cash-in on the on the WTI calls that I recommended. If you don't recall, these were a hedge for the Crude Puts in the Long Shot Report. As it turns out, those options are trading for $480 dollars today, giving us a profit of $220 dollars gross. The predictors point slightly down to flat in the coming weeks for WTI and we

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Taking Profits.

By |October 9th, 2017|

The Algos forecast lower prices in Natural Gas. Although I agree with the prediction, our option trade is running out of time. Due to time restraints, I recommend taking profits in Natural Gas. Currently the options are priced at $140 dollars giving us a small profit. We have new lows today, so you may want to hold until the end of the week if you want to take a chance on squeezing out a few more bucks.I am also recommending that we take profits on the Soybean Meal trade. Currently the options

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Market Peaks.

By |October 1st, 2017|

A New Vista. I just returned from a fantastic trip to Peru. While I was there, I visited Machu Picchu and climbed the nearby mountain called Waynapicchu. The view was incredible and while looking down on Machu Picchu, I couldn't help notice how close Macchu Picchu appeared after climbing for all of those hours. Granted, the people still looked like little ants, but it really didn't look hours away. Oddly enough I started thinking about trading and ultimately option trades. After a climb down of

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