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04/16/2015 – Euro

  • Euro

Issued: 04/15/2015

June euro:

1. In today’s (Wed., April 15) Williams edge futures meeting it was noted that the June euro (then trading at approximately $106.08) was an immediate aggressive ‘Buy’ for further advance and test/attempt at $107.70/$80 expected into late this week/early next (week of April 20).

2. The June euro has since advanced sharply. Aggressive longs should exit a portion of their position at current prices (current price $106.94). Remaining long positions should be held for completion of the final target at $107.70/$80.

3. Our protective sell stop is at $106.07. This stop will continue to be moved higher as the market continues to confirm. Will update.

David Williams

Issued: 04/15/2015

June euro:

1. Any ordinary (as opposed to aggressive) long position for the forecast continued advance in the June euro will be messaged in tomorrow’s (Thurs., April 16) session if the market further confirms. Any such entry might be based upon an important pullback or subsequent breakout. Will update.

David Williams

Issued: 04/16/2015

June euro:

1. In yesterday’s Wed., April 15 Williams edge futures meeting it was noted that the June euro (then trading at approximately $106.08) was an immediate aggressive ‘Buy’ for further advance and test/attempt at $107.70/$.80 expected into late this week/early next (week of April 20).

2. The June euro has since advanced sharply. Aggressive longs exited a portion of their position yesterday (Wed., April 15) at $106.94). Today’s June euro completed the forecast final profit target at $107.70/$80, prompting final long position exit (today’s session high, $107.77, so far). This resulted in a successful trade. Will message any further entry or indication in the June euro.

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.