03/01/2019 – 30 YR Treasury Bond
March 30 year U.S. Treasury bond:
1. In last Monday’s (02/25) Williams edge session it was noted to buy March bonds upon a daily close above $145.25 for a tradable advance to $146.20 initial target, then $146.30 final target.
2. Subsequently,March bonds closed above $145.25 at $146.08 for new long entry. The following day the market completed the majority of the advance and the day after made it’s best attempt at the $146.30 final target, with the session high of $146.29. This successfully completes the forecast/trade.
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.