06/16/2015 – Soybeans
Issued: 06/15/2015
July soybeans:
1. In today’s (Mon., June 15) Williams edge live meeting it was noted that a daily close above $9.31 in July soybeans (which occurred today) was the stronger position and indicated a multi-day advance of $.30 ($1500 per contract) or more.
2. Aggressive can go long soybeans at current prices (current price, $9.38). All others wait until tomorrow (Tues., June 16) for a less aggressive entry.
3. An initial protective sell stop should be placed at $9.29. This stop will be moved higher as the market continues to confirm. Will update.
David Williams
Issued: 06/16/2015
July soybeans:
1. In yesterday’s (Mon., June 15) Williams edge live meeting it was noted that a daily close above $9.31 in July soybeans (which occurred today) was the stronger position and indicated a multi-day advance of $.30 ($1500 per contract) or more.
2. Aggressive are long soybeans at from approximately $9.38. All others are awaiting new entry in today’s (Tues., June 16) session.
3. Aggressive long should take partial long position exit at current prices (current price, $9.43).
4. An initial protective sell stop has been moved to $9.33. This stop will be moved higher as the market continues to confirm. Will update.
David Williams
Issued: 06/16/2015
July soybeans:
1. Further long position exit should be taken at current prices in July soybeans (current price, $9.52).
2. Our protective sell stop has been raised and $9.43. Will update.
David Williams
Issued: 06/16/2015
July soybeans:
1. Today’s session completed the forecast $.30 advance noted in Monday’s July soybean report and live meeting. This resulted in a successful trade. Today’s session high has been $9.59, so far. Will message any further entry or indication in July soybeans.
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.