05/12/2017 – Crude Oil
- May 12, 2017
- Crude Oil
June crude oil:
1. In Thursdays (May 11) Williams edge Pro room it was noted that June crude oil could be sold short at $48.10 for a decline to $47.35 expected into Friday, May 12.
2. Subsequently, June crude oil made a swing high of $48.22 triggering our short entry. And today (Friday, May 12) June crude oil completed the $47.35 downside profit target (today’s session low, $47.35, so far). This successfully completes the forecast/trade. Will message any further entry or indication in June crude oil.
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.