04/12/2017 – Japanese Yen
June Japanese yen:
1. In Mondays (April 10) Williams edge live meeting it was noted that a daily close above $90.00 would indicate new long entry for a quick advance to $90.90/$$91 into Tuesday, April 11.
2. Subsequently, Mondays session closed at $90.40 (well above $90) indicating new long entry. The market then advanced into Tuesday, April 11 and completed the $90.90/$91 upside target and higher (Tuesdays swing high, $91.48). This successfully completes the forecast/trade. Will message any further entry or indication in the June Japanese yen.
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.