Two And Only Two Trades. Part XI

Jerry Welch, Commodity Insite!
Call me at 406 -682 -5010
Ennis, Montana 59729

Two And Only Two Trades; Part XI

The, two and only two trades I have touted on a regular basis here on Inside Futures is doing, on balance, quite well. I have stated time and again, the long side has the potential to rally and show profits of $4,000 to $6,000 per contract while the short side should do the same. But now, I am changing my forecast just a bit.


For those that are long that one contract I have been touting should stay long. On breaks, buy more. However, for those that are short that one contract, should exit those positions now. This morning, the short side had profits of more than $4.000 per contract from the first time I suggested that particular trade. Exit those shorts and be patient with new sales.


I continue to favor the long side of that trade. It is the only market I can see anywhere that has a high probability of moving north. And on the upside, there should be a move of $4,000 to $6,000 per contract still to come. Those long should sit tight and add to the position on weakness.



Glancing across the Big Four: stocks, bonds, currencies and commodities one thing is crystal clear. There is not much strength with stocks, bonds or commodities per se. And one reason for that is the US dollar, the ol greenback remains stubbornly strong. But my work hints loudly the dollar is poised to head much lower and if that scenario unfolds, there will be even more markets to trade on the long side of the ledger in the period ahead.


But for now, hold tight to the long position I have been touting since October and be quick here this morning to exit the short position I favor. Again. Be patient with new sales on the short side.


Please take time to check out Haunted By Markets, my new book. It is about 750 points long and is a history of the Big Four: stocks, bonds, currencies and commodities in the years 1990 to 2015. There has never been a book like it. It can be found at www.commodityinsite.com



And for those curious about the, two and only two trades I have been touting can call me at 406 682 5010. Or drop me a line at commodityinsite1@gmail.com


The time is 10:31 a.m. Chicago





























This material has been prepared by a sales or trading employee or agent of Midwest Market Solutions and is, or is in the nature of, a solicitation. This material is not a research report prepared by Midwest Market Solutions Research Department. By accepting this communication, you agree that you are an experienced user of the futures markets, capable of making independent trading decisions, and agree that you are not, and will not, rely solely on this communication in making trading decisions.


DISTRIBUTION IN SOME JURISDICTIONS MAY BE PROHIBITED OR RESTRICTED BY LAW. PERSONS IN POSSESSION OF THIS COMMUNICATION INDIRECTLY SHOULD INFORM THEMSELVES ABOUT AND OBSERVE ANY SUCH PROHIBITION OR RESTRICTIONS. TO THE EXTENT THAT YOU HAVE RECEIVED THIS COMMUNICATION INDIRECTLY AND SOLICITATIONS ARE PROHIBITED IN YOUR JURISDICTION WITHOUT REGISTRATION, THE MARKET COMMENTARY IN THIS COMMUNICATION SHOULD NOT BE CONSIDERED A SOLICITATION.


The risk of loss in trading futures and/or options is substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance, whether actual or indicated by simulated historical tests of strategies, is not indicative of future results. Trading advice is based on information taken from trades and statistical services and other sources that Midwest Market Solutions believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice.There is no guarantee that the advice we give will result in profitable trades.