12/26/2017 – Crude Oil
January crude oil:
1. In last Thursdays (12/14) Williams edge live meeting it was noted that an hourly or especially daily close above $56.00 in January crude oil would lead to a tradable advance to $57.10 or higher. It was also noted that January crude oil was expected to close the day above $56.00.
2. Subsequently, January crude oil closed hourly and daily above $56.00 and quickly completed the $57.10 upside target (swing high, $57.49). This successfully completes the forecast/trade. Will message any further entry or indication in January crude oil.
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.