03/31/2015 – Corn
May corn:
1. In Mondays (Mar. 30) Williams edge live meeting it was noted that while not intended to be traded, May corn (then trading at approximately $3.93/$94 was expected to trade at $3.83 (or lower) by Tues., Mar. 31. If corn completed $3.83, this would indicate that corn could be added to our group of tradables.
2. Today’s (Tues., Mar. 31) may corn session declined sharply and completed the $3.83 downside target, making a session low, $3.75. This is an important development. Will message any further entry or tradable indication in May corn.
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.