03/30/2015 – US Dollar
- March 30, 2015
- US Dollar
Issued: 03/30/2015
June dollar index:
1. In Fri., Mar. 27 Williams edge futures meeting it was noted that a daily close below $98.03 in the June US dollar index (then trading at approximately $97.50) was expected to decline and test $96.77/$.75 into Mon., Mar. 30 (+1 day). Friday’s session closed at $97.60.
2. Partial short position exit were instructed to be taken at/near $97.25) which occurred.
3. However, today the June US dollar index hit our protective buy stop at $98.25. This resulted in a loss on the position. Will message any further entry or indication for the June US dollar index.
David Williams
Issued: 03/27/2015
June the US dollar index:
1. In today’s (Fri., Mar. 27) Williams edge futures meeting it was noted that a daily close below $98.03 in the June US dollar index (then trading at approximately $97.50) was expected to decline and test $96.77/$.75 into Mon., Mar. 30 (+1 day).
2. If already short based upon today’s live meeting instructions, partial short position exit should be taken at current prices (current price $97.37).
3. If not already short, partial short position exit should be taken at/near $97.25. Final exit should be taken at/near $96.80 and any final position held for the possibility of a trend following exit target to be messaged in a subsequent update.
4. A protective buy stop should be placed at $98.25. This stop will be moved lower as the market continues to confirm.
David Williams
Issued: 03/27/2015
June the US dollar index (Correction):
1. In today’s (Fri., Mar. 27) Williams edge futures meeting it was noted that a daily close below $98.03 in the June US dollar index (then trading at approximately $97.50) was expected to decline and test $96.77/$.75 into Mon., Mar. 30 (+1 day).
2. If already short based upon today’s live meeting instructions, partial short position exit should be taken at current prices (current price $97.37).
3. (This paragraph was corrected) Any new short position based upon the above should take partial exit at/near $97.25. Final exit should be taken at/near $96.80 and any final position held for the possibility of a trend following exit target to be messaged in a subsequent update.
4. A protective buy stop should be placed at $98.25. This stop will be moved lower as the market continues to confirm.
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.