03/07/2016 – Natural Gas
- March 7, 2016
- Natural Gas
April natural gas:
1. In Fridays (March 4) Williams edge futures meeting it was noted that April natural gas (then trading at approximately $167) could be bought for a likely test/attempt at $173/$74 expected on Monday, March 7.
2. Subsequently, April natural gas declined to $161 and then quickly reversed itself higher and today (Monday, March 7) completed the forecast advance to $173/$74 (today’s session high, $174). This successfully completes the forecast/trade. Will message any further entry or indication in April natural gas.
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.