03/26/2014 – Canadian Dollar
Issued: 03/26/2014
June Canadian dollar, latest update:
1. Although not a forecast for further advance, any further advance, test and failure at/near $90.22 in the June Canadian dollar (touch and hourly or especially daily close below $90.22) will indicate a tradable multi-day decline to at/near $89.50 (or lower) into Wed. April 2 (+/-1 day).
2. Will message new entry as noted above (possibly at a lower price) if the market confirms.
David Williams
Issued: 03/27/2014
June Canadian dollar, previous update:
1. Although not a forecast for further advance, any further advance, test and failure at/near $90.22 in the June Canadian dollar (touch and hourly or especially daily close below $90.22) will indicate a tradable multi-day decline to at/near $89.50 (or lower) into Wed. April 2 (+/-1 day).
2. Will message new entry as noted above (possibly at a lower price) if the market confirms.
Latest update:
1. The June Canadian dollar continued to advance beyond the earlier noted $90.22 level, negating the previous trade set up. Will message any further entry or indication as the market confirms.
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.