04/23/2015 – US Dollar
- April 23, 2015
- US Dollar
Issued: 04/23/2015
June US dollar index:
1. In yesterday’s (Wed. April 22) June US dollar report it was noted that any hourly close above $98.30 in the June US dollar would place the market into a ‘Buy’ position for a quick advance to at/near $98.65 (or higher) into Thurs., April 23 (+/-1 day).
2. The June US dollar index closed hourly above $98.30, providing new long entry at approximately $98.39. Today’s (Thurs., April 23) June US dollar index quickly advanced and completed the $98.65 upside target (today’s session high, $9864.5, so far). This completes the trade. Will message any further entry or indication in the June US dollar index.
David Williams
Issued: 04/22/2015
June US dollar index:
1. Any hourly close above $98.30 in the June US dollar places the market into a ‘Buy’ position for a quick advance to at/near $98.65 (or higher) into Thurs., April 23 (+/-1 day).
2. Initial long position exit should be taken at/near $98.48, another exit at/near $98.65. Any remaining long position should be held for the possibility of higher prices to be noted in a subsequent update.
3. Once long, a protective sell stop should be placed at $98.00. This stop will be moved higher as the market continues to confirm.
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.