06/22/2015 – Euro
Issued: 06/23/2015
September euro:
1. Our previous (Thursday, June 18) September euro report indicated that continued hourly or daily closes below $114.00 in the Fri., June 19 session would indicate a tradable decline and test/attempt at $112.97 (or lower) into Mon., June 22 (+/-1 day).
2. Subsequently, the September euro closed daily below $114.00 on Thursday, Friday and Monday, June 22 before declining sharply and completing the $112.97 (and lower) downside targets. Partial short position exits were taken at/near $112.97.
3. Any remaining short position should be exited at current prices (current price $111.74). Will message any further entry or indication in the September euro.
David Williams
Issued: 06/18/2015
September euro:
1. Continued hourly closes below $114.00 in tomorrow’s (Fri., June 19) session in the September euro will be initial confirmation for a tradable decline and test/attempt at $112.97 (or lower) into Mon., June 22 (+/-1 day). Will update as the market confirms in tomorrow’s 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.