04/23/2015 – Canadian Dollar
Issued: 04/23/2015
June Canadian dollar:
1. In yesterday’s (Wed., April 22) Williams edge live meeting it was noted that the June Canadian dollar would be in a ‘Buy’ position upon any hourly close above $81.75 for an advance to at/near $82.25.
2. Subsequently in today’s session the June Canadian dollar closed hourly above $81.75 (hourly close, $81.80) providing new long entry. For those long based upon the above, partial long position exit should be taken at current prices (current price $82.00). The remaining position should be held for further test/attempt at $82.25.
3. A protective sell stop should now be placed at $81.80. This stop will be moved higher as the market continues to confirm. Will update.
David Williams
Issued: 04/23/2015
June Canadian dollar:
1. Further long position exit should be taken at current prices (current price, $82.12).
David Williams
Issued: 04/23/2015
June Canadian dollar:
1. In yesterday’s (Wed., April 22) Williams edge live meeting it was noted that the June Canadian dollar would be in a ‘Buy’ position upon any hourly close above $81.75 for an advance to at/near $82.25.
2. Subsequently, the hourly closed above $81.75 (closing at $81.80), indicating new long entry.
3. Today’s June Canadian dollar completed the forecast $82.25 upside target, resulting in a successful trade. Will message any further entry or indication for the June Canadian dollar.
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.