05/18/2016 – 30 YR Treasury Bond
June 30 year U.S. Treasury bond:
1. In recent Williams edge live meetings (and pro-trading room) it was noted that any failure at $166.00 in the June 30 year U.S. Treasury bond would indicate a tradable decline to $164.15, then $163.15 (and later $162.15).
2. Subsequently, June Bonds broke the $166.00 level and today completed both the $164.15 initial and $163.00 downside profit targets. This successfully completes the forecast/ trade (with $162.15 remaining an active final target). Will message any further entry or indication in June Bonds.
David Williams
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.