07/08/2015 – Euro
Issued: 07/08/2015
September euro:
1. Any hourly or daily close above $110.60 in the September euro will indicate a quick tradable advance to $111.00 (or higher) into Thursday, July 9 (+/-1 day).
2. Once long, a protective sell stop should be placed at $110.35. The stop will be moved higher as the market continues to confirm. Will update.
David Williams
Issued: 07/08/2015
September euro:
1. Our earlier September euro report (today Wednesday, July 8) noted that any hourly or daily close above $110.60 in the September euro would indicate a quick tradable advance to $111.00 (or higher) into Thursday, July 9 (+/-1 day).
2. Subsequently the September euro confirmed above $110.60 and completed the $111.00 upside target (today’s swing high, $111.04, so far). This completes the trade. 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.