03/03/2016 – Soybeans
- March 3, 2016
- Soybeans
May soybeans:
1. On Wednesday, March 2/Thursday, March 3 in our Williams edge live meetings it was noted that any daily close above $8.62 in May soybeans could be bought for a quick advance to $8.68, then $8.74/$75.
2. Subsequently, on Thursday, May 3 May soybeans closed at $863.6 indicating new long entry. Today (Friday, March 4) May soybeans advance powerfully and completed the $8.74/$75 final profit target (today’s session high, $8.74, so far). This successfully completes the forecasts/trade. Will message any further entry or indication in May soybeans.
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.