07/27/2015 – US Dollar

September US dollar index:

1. On Wednesday, July 22 it was noted that the September US dollar index (then trading at approximately $97.70) was expected to decline further and test $96.80.

2. There was some question about whether Thursday’s (July 23) session low of $96.95 was the above-noted completion with internal market strength keeping the market above $96.80.

3. Today’s (Monday, July 27) session answered that question by completing the natural level at $96.80 (today’s session low, $96.44) completing the forecast/trade. Will message any further entry or indication in the September US dollar index.

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.