04/11/2016 – British Pound
- April 11, 2016
- British Pound
June British pound:
1. In Fridays (April 8) Williams edge live meeting it was noted that while not a tradable indication, the June British pound (then trading at approximately $141.10) was likely to advance and test $142.00 (or higher) into early this week.
2. Subsequently, the June British pound continue to advance and today (Monday, April 11) completed the $142.00 (and higher) upside target, completing the forecast. Will message any further entry or indication in the June British pound.
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.