07/07/2017 – Euro
September euro:
1. In yesterday’s (Thursday, July 6) Williams edge live meeting it was noted that the September euro (then trading at approximately $114.49) was expected to continue to advance and test $114.75 into Friday, June 7.
2. Subsequently, the September euro advanced and today (Friday, July 7) completed the $114.75 upside target (today’s session high, $114.82, so far). The September euro completed this target in an unusual fashion (see chart below). However, this was not an indicated trade but only an indication for those interested. Will message any further entry or indication in the September euro.
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.