Skip to content
PageTrader
  • Home
  • Products
    • Williams Edge Futures
    • Williams Edge S&P
    • Williams Edge Plus
    • Squares Principal
    • Reflected Wave
  • Customer Login
  • Past Performance
  • Trial
  • Testimonials
  • Calendar
  • Contact Us
  • Cart / $0.00
    0

06/04/2014 – Crude Oil

  • June 4, 2014
  • Crude Oil

Issued: 06/04/2014

July crude:

1. Our Tuesday, June 3 July crude update indicated new long entry at/near $102.60/$.50 based upon the forecast Monday, June 2 (+/-1 day) daily market bottom.

2. Today’s (Wed., June 3) session bottomed at $102.69, not quite close enough to trigger official new long entry.

3. However, self-directed longs based upon the above should have exited a portion of their position at $103.00, noted in the original Tuesday, June 3 update. A further portion should be exited at current prices (current price $103.40).

4. An initial protective sell stop should be placed at $102.60. This stop will be moved higher as the market continues to confirm.

David Williams

Issued: 06/04/2014

July crude oil:

1. Today’s July crude oil session hit our protective sell stop at $102.60 after completing two long profit exits at $103.00 and $103.40 noted in previous updates.

2. Continued daily closes above $102.60 are the stronger position and may prompt further long entry. Will update.

David Williams

Issued: 06/03/2014

July crude:

1. In recent Williams edge live meetings it was noted that Monday, June 2 (+/-1 day) was the next important daily market bottom iin July crude.

2. Today’s (Tuesday, June 3) session tested and closed the session above $102.30 which is the earliest confirmation of the bottom.

3. Therefore, $102.60/$102.50 is now buying territory in July crude, if touched.

4. At/near $103.00 is initial long position exit. Higher price targets will be messaged in the subsequent update once the market confirms the above.

5. Once long, place a protective sell stop at $102.05. This stop will be moved higher as the market continues to confirm.

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.

Members of

PageTrader, Ltd. is a BBB Accredited Business Consultant in Las Vegas, NV

Links

  • Trading Disclaimer
  • Privacy Policy
  • About Us
  • Cancellation and Refund Policy
  • Contact Us

 

  • Home
  • Market Forecasting Products
  • Customer Login
  • Webinar Calendar
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.
CLICK HERE TO READ OUR FULL TRADING DISCLAIMER
Copyright ©2000-2021 PageTrader, Ltd. All Rights Reserved.