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01/27/2016 – Crude Oil

March crude oil:

1. In Wednesdays (January 27) Williams edge live meeting it was noted that any hourly or especially daily close above $32.30 in March crude oil could be bought for a quick advance to $33.70 into Thursday, January 28 (+1 day).

2. Subsequently, March crude oil closed hourly above $32.30 (2 reasonable entries were available, one upon the hourly close at $32.41, the other upon the subsequent hourly close at $32.74) after which the market completed the $33.70 upside target today, Thursday, January 28 (today’s session high, $34.82, so far). This successfully completes the forecast/trade. Will message any further entry or indication in March 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.