01/21/2018 – Euro
March euro:
1. In last Friday’s (01/12) Williams edgelive meeting it was noted that any hourly or daily close above $122.15 in the March euro would be a buy signal for advance to $122.90/$23.00.
2. Subsequently, the hourly (and daily) above $122.15 (at $122.33) for new long entry. The March euro advanced and completed the $122.90/$23 upside target (swing high, $123.42). This successfully completes the forecast/trade. Will message any further entry or indication in the March-year-old.
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.