08/01/2014 – Sugar
Oct. sugar:
1. In our Monday, July 28 Williams edge live meeting it was noted that a break below $16.85 in Oct. sugar would prompt a multi-day tradable decline to $16.32.
2. Sugar broke below $16.85 on Tuesday, July 29 and completed the $16.32 downside target in today’s (Friday, Aug. 1) session (today’s session low, $16.20, so far). This completes the trade. Will message any further entry are indication as the market confirms
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.