05/09/2017 – US Dollar
- May 9, 2017
- US Dollar
June US dollar index:
1. In yesterday’s (Monday, May 8) Williams edge live meeting it was noted that a daily close above $98.65 in the June US dollar index was expected and if occurred would be buying territory for an advance to $99.25/$.30 into later this week.
2. Subsequently, the June US dollar index closed above $98.65 (at $99.04) and today (Tuesday, May 9) completed the forecast advance to $99.25/$.30 (today’s session high, $99.50, so far). This successfully completes the forecast/trade. Will message any further entry or indication in the June US dollar index.
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.