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05/04/2016 – Swiss Franc

Issued: 05/03/2016

June Swiss franc:

1. The following is not intended to be traded. However, should the following indication work out as expected it will help in future trade setups for the June Swiss franc.

2. Continue daily closes below $105.56 in the June Swiss franc will indicate a tradable decline and test/attempt at $104.65/$60 into Thursday, May 5. Will update as the market confirms.

David Williams

Issued: 05/04/2016

June Swiss franc:

1. Our previous June Swiss franc report indicated that daily closes below $105.56 in the June Swiss franc would indicate a tradable decline and test/attempt at $104.65/$60 into Thursday, May 5.

2. Today (Wednesday, May 4) the June Swiss franc declined and completed the $104.65/$.60 downside target. While not intended to be traded this decline helps further our understanding of this important market. Will message any further entry or indication in the June Swiss franc.

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.