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ARE YOU LISTENING? METALS HIGHER & USD LOWER!


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Hello All:

I always welcome comments from other futures traders about their thoughts on the markets, whether they are congruent with mine or not. So keep them coming as I am sure the last quarter of 2017 will be very telling whether my strategy is correct or not. So far I have been proven right since metals and currencies made the right turn in my favor. However, let's limit the contact unless you actually have a futures trading account and have been trading and need some professional advice like mine, otherwise the outreach seems rather plebeian and non-standard. We are all professionals let's act that way please!

A standard trader trying to make a go of it (who normally doesn't make any money trading) when patterns shift and they don't know what to do with it, THAT is why they engage an expert like myself on this issue. I appreciate all the comments about how "WRONG" I was about my comments on the USD and precious metals' rally being over, etc. etc. I got many interesting comments, but the thing that I always understand is that most traders have short-term memories. Thank you also for the various supportive comments tell me that my thinking was right on! Good luck to you all!

GOOD ARTICLE ON CURRENCY TRADING!

The truth of the matter is the long-term strategy that I believe will be a winner is:

1) SHORT EQUITIES (2375 ES TARGET) FOR NEXT 30-45 DAYS!

2) SHORT USD/ LONG EURO & GDP (85-86 LEVEL ON DXZ17)

3) LONG GOLD & SILVER (1525 AND 21 DOLLARS respectively) AND T-BONDS!

4) LONG CONSUMPTIVE COMMODITIES LIKE COFFEE, COCOA AND SOYBEANS

This morning started very simply although the Aussie and UK economic data said their economies look bullish, while the U.S. economy looked good too because of their inflation data (more data to come tomorrow morning). But at the end of the day, North Korea had a different project and put a wrench into the works and broke the USD to the point that the correction become only a trend confirmation! And still I have ABSOLUTELY NO FAITH Congress will pass any tax reforms or anything benefitting the American People. They should be fired immediately but we will see.

So we all know when the USD is breaking down, what is the trade? maybe be long beans or Crude Oil or something boring like another analyst will say. At the end of the day, if North Korea is threatening war with the U.S., why wouldn't you be long Gold & Silver, when they have breached major resistance levels we haven't seen in a long time. As a trader, the decision is your own, but me as a trader of my own money, I would be Long Gold & Silver and today I went long Cocoa, after taking profits on Soybeans and Coffee yesterday and Live Cattle Spreads.

When you saw the WASDE report this week, did you say to yourself for sure, Soybeans AND grains are going higher? Did anybody? I did through my blog post here. So if you want less B.S. and more thoughtful analysis, please feel free to call me. If you don't, no big deal plus please go on your Merry way!

If you have any questions or comments, please do not hesitate to contact me!

Best Regards

Edgard Cabanillas

Alpine Trading LLC

Tel: + 1 949 357 4948

email:edgard@alpine-trading.net

www.alpine-trading.net

** DISCLAIMER: PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. TRADING FUTURES AND OPTIONSIS SPECULATIVE, INVOLVES RISK OF LOSS, AND IS NOT SUITABLE FOR ALL INVESTORS.


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About the author


Edgard Cabanillas

Edgard Cabanillas brings 22 years of commodities trading experience to his everyday work in the futures and cash businesses that he develops.

Starting in 1994, he began his trading career with a major grain exporting company until 2001. Subsequently, he started brokering cash grain and other ag markets in the U.S.and overseas. At the time, he focused on cash grain trading in wheat, corn, and soybean complex and futures spread trading. Since his start as a Series 3 broker in January 2010, Mr. Cabanillas has incorporated his passion for spread trading in the grain and ag markets into other futures markets such as the energies complex and soft commodities markets. With a view to risk and diversification, he offers his clients overall risk and portfolio management that can help guide their investment interests.

You can reach him via phone at 949-357-4948 or via email at edgard@alpine-trading.net.

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