06/17/2015 – Canadian Dollar

Issued: 06/17/2015

September Canadian dollar:

1. Tuesdays (June 16) September Canadian dollar update indicated a quick advance from approximately $81.10 to $81.76/$78 into Thurs., June 18 (+/- 1 day).

2. Today’s (Wednesday, June 17) fed interest rate announcement triggered the above-noted move, sending prices quickly through the $81.25 buying territory and up to the $81.76/$78 upside target (today’s session high, $81.71, so far).

3. This trade was nearly impossible to take under the conditions laid out due to the speed of the market’s response to the Fed interest rate announcement. Will message any further entry or indication in the September Canadian dollar.

David Williams

Issued: 06/16/2015

September Canadian dollar:

1. Continued hourly or especially a daily close above $81.25 in the September Canadian dollar will place the market into a buy position for an advance to $81.76/$78 (or higher) into Thurs., June 18 (+/-1 day).

2. Will message any new entry based upon the above in tomorrow’s (Wednesday, June 17) session.

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.