{"id":35,"date":"2012-10-27T12:13:08","date_gmt":"2012-10-27T19:13:08","guid":{"rendered":"https:\/\/blogs.ubc.ca\/spledger\/?p=35"},"modified":"2012-10-27T12:13:08","modified_gmt":"2012-10-27T19:13:08","slug":"plans-for-next-week","status":"publish","type":"post","link":"https:\/\/blogs.ubc.ca\/spledger\/2012\/10\/27\/plans-for-next-week\/","title":{"rendered":"Plans for Next Week"},"content":{"rendered":"<p>My main focus this week will be exiting the soy market. I\u2019ve been betting mostly on longer term trends and now that corn and soy appear to have found equilibrium ranges (at least temporarily) I\u2019ve decided now is the time to get out of any long term positions. I\u2019m currently short 2 March contracts in at 1520.75 and 4 January contracts in at 1560. My expectations are that January could drop back down to the 1530 range, but if I can make 10 to 20 cents a bushel I\u2019ll happily offset. Similarly with March contracts I expect we\u2019ll see prices around 1500 again before too long at which point I\u2019ll happily take a 20 cent gain. \u00a0Once I\u2019m totally clear of all these markets I\u2019ll look to play around with some price triggers and make some quicker money off of daily volatility, but I\u2019ll cross that bridge when I come to it.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>My main focus this week will be exiting the soy market. I\u2019ve been betting mostly on longer term trends and now that corn and soy appear to have found equilibrium ranges (at least temporarily) I\u2019ve decided now is the time to get out of any long term positions. I\u2019m currently short 2 March contracts in [&hellip;]<\/p>\n","protected":false},"author":14669,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-35","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blogs.ubc.ca\/spledger\/wp-json\/wp\/v2\/posts\/35","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.ubc.ca\/spledger\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.ubc.ca\/spledger\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/spledger\/wp-json\/wp\/v2\/users\/14669"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/spledger\/wp-json\/wp\/v2\/comments?post=35"}],"version-history":[{"count":1,"href":"https:\/\/blogs.ubc.ca\/spledger\/wp-json\/wp\/v2\/posts\/35\/revisions"}],"predecessor-version":[{"id":36,"href":"https:\/\/blogs.ubc.ca\/spledger\/wp-json\/wp\/v2\/posts\/35\/revisions\/36"}],"wp:attachment":[{"href":"https:\/\/blogs.ubc.ca\/spledger\/wp-json\/wp\/v2\/media?parent=35"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/spledger\/wp-json\/wp\/v2\/categories?post=35"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/spledger\/wp-json\/wp\/v2\/tags?post=35"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}