04/14/2016 – Natural Gas
- April 14, 2016
- Natural Gas
May natural gas:
1. In yesterday’s (Thursday, April 14) Williams edge live meeting it was noted that any 2 hour or especially daily close below $199 in May Natural Gas could be sold short for a quick decline to $191/$90 into Friday, April 15.
2. Subsequently, May natural gas closed below $199 on the 2 hour chart (at $197) and today (Friday, April 15) declined to the $191/$90 downside profit target. This successfully completes the forecast/trade. Will message any further entry or indication in May natural gas.
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.