01/26/2015 – US Dollar
March US dollar index:
1. In yesterday’s (Mon., Jan. 26) Williams as live meeting it was noted that the March US dollar index was in a ‘Sell‘ position for continued decline from the then current price of $95.07 for decline and test/attempt at $94.70/$65 or lower into today, Tues., Jan. 27.
2. Today’s (Tues., Jan. 27) March US dollar index declined quickly and completed the $94.70/$65 downside target (and lower) completing the trade. Today’s session low has been $93.95, so far).
3. Those holding any remaining short position for the possibility of lower prices should exit the remainder of their position now at current prices (current price, $94.05). This completes the trade. Will message any further entry or indication in the March US dollar index.
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.