08/04/2014 – Coffee
September coffee:
1. In Monday’s (Aug. 4) Williams edge live meeting it was noted that September coffee (then trading at $186.00) would advance and test $191.00 into Wed. Aug. 6 (+/-1 day).
2. Yesterday’s (Mon., Aug. 4) session advanced quickly and completed the $191.00 upside target, as did today’s (Tuesday, Aug. 5) session, completing the $191.00 upside target one trading day early (today’s session high, $192.10). Will message any further entry or indication as September coffee 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.