07/21/2017 – Natural Gas
August natural gas:
1. In Wednesdays (July 19) Williams edge live meeting it was noted that a daily close below $3.08 would indicate new short entry in August natural gas for a quick decline to $3.03/$02.
2. Subsequently, August natural gas closed daily below $3.08 (at $306.70) and the following day (Thursday, July 20) completed the $3.03/$02 downside target (most recent swing low, $300.30, so far). This successfully completes the forecast/trade. Will message any further entry or indication in August natural gas.
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.