05/13/2016 – Swiss Franc
- May 13, 2016
- Swiss Franc
June Swiss franc:
1. In yesterday’s (Thursday, May 12) Williams edge live meeting it was noted that while not intended to be traded, the June Swiss franc (then trading at approximately $103.15) should trade at $102.30 into today, Friday, May 13.
2. Subsequently, the June Swiss franc declined sharply and completed the $102.30 downside target (today’s session low, $102.30, so far). This successfully completes the forecast. 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.