03/16/2018 – Crude Oil
April crude oil:
1. In Thursday’s (03/15) Williams edge live meeting it was noted that April crude oil could be bought upon a daily close above $61.00 for a forecast advance to $62.10/$.20.
2. Subsequently, April crude oil closed above $61.00 (at $61.19) indicating new long entry. Today (Friday’s 03/16) April crude oil completed the $62.10/$20 profit target (session high, $62.54). This successfully completes the forecast/trade.
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.