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04/18/2016 – live cattle

June live cattle:

1. In Fridays (April 15) Williams edge live meeting it was noted that any confirmed break of $121.50 in June live cattle should be shorted for a fast decline expected on Monday, April 18.

2. Subsequently, on Monday, April 18 June live cattle broke the $121.50 level and declined limit down prompting our final profit taking (today’s session low, $119.17, so far). This successfully completes the forecast/trade. Will message any further entry or indication in June live cattle.

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.