05/03/2015 – US Dollar
- May 3, 2015
- US Dollar
Issued: 05/04/2015
June US dollar index:
1. Our previous June US dollar index report was in error and does not reflect any new position in the June US dollar index. Please disregard the report. Will update with a new report along with the most current forecast as the market confirms.
David Williams
Issued: 04/30/2015
June US dollar index:
1. In yesterday’s (Wednesday, April 29) Williams edge meeting it was noted that aggressive traders should buy the June US dollar index at the market (then current price approx., $59.00). The main upside target was $60.40. Ordinary traders were instructed to wait for a daily close above $58.90 prior to new long entry.
2. Aggressive traders should exit a portion of their long position at current prices (current price $59.41).
3. A protective sell stop should be placed at $58.28. This stop will be moved higher as the market continues to confirm. Will update.
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.