10/24/2017 – Natural Gas
December natural gas:
1. In Fridays (10/20) Williams edge live meeting it was noted that any hourly or daily closes above $312 in December natural gas could be bought for a tradable advance to $318/$19.
2. Subsequently, neither the hourly nor daily closed above $312 but December natural gas gap opened the following day and very quickly completed the $318/$19 upside target (swing high, $319.80). Therefore, no trade likely occurred. Will message any further entry or indication in December natural gas.
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.