03/24/2017 – Soybeans
Issued: 03/24/2017
May soybeans:
1. In our Thursday (March 23) Williams edge live meeting it was noted that any hourly or especially daily close below $9.98 in May soybeans should be sold short for a quick decline to $9.83/$82, or lower.
2. Subsequently, May soybeans closed both hourly and daily below $9.98 and today (Friday, March 24) completed the forecast decline to $9.83/$82 (today’s session low, $9.77, so far). This successfully completes the forecast/trade. Will message any further entry or indication in May soybeans.
David Williams
Issued: 03/24/2017
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.