02/24/2015 – US Dollar
- February 24, 2015
- US Dollar
March US dollar index:
1. In Monday’s (Feb. 23) Williams edge live meeting it was noted that the March US dollar index (then trading at approximately $94.60) was in a ‘Sell’ position upon any test of $94.80/$93 for an expected decline to $94.30 (or lower) into Tues., Feb. 24 (+/- 1 day).
2. Today’s (Wed., Feb. 25) March US dollar index declined and completed the $94.30 downside target (today’s session low, $94.16, so far). 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.