03/23/2016 – US Dollar
- March 23, 2016
- US Dollar
June US dollar index:
1. Since Friday, March 18 we forecast that continued daily closes above $94.50 would indicate a fast advance to $96.20 in the June US dollar index. An additional (less aggressive) long entry was given above $95.70.
2. Subsequently, the June US dollar index closed above $94.50 on Friday, March 18 (at $95.07) indicating new long entry. And today (Wednesday, March 23) the June US dollar index completed the forecast $96.20 single profit target (today’s session high, $96.24). This successfully completes the forecast/trade. Will message any further entry or indication in the June 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.