01/19/2015 – Coffee
- January 19, 2015
- Coffee
March coffee:
1. During our Wed., Jan. 7 Williams live meeting it was noted that March coffee (then trading at approximately $180) was likely to begin a decline back to $168 (or lower).
2. The above forecast was not intended as a trade but merely an indication to further bolster our trading in coffee.
3. Although March coffee took its time, today’s session completed the $168 downside target. This represents a $4500/contract move. Will message any further entry or indication in March coffee.
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.