08/10/2017 – Crude Oil
September crude oil:
1. In recent Williams edge live meetings it was noted that September crude oil was expected to decline to $48.70/$60 on August 9 (+1 day). Further, in today’s live trading room new short entries were indicated at $49.60 for this indicate a decline.
2. Subsequently, September crude oil continued to decline and today (Thursday, August 10) completed the forecast $48.70/$60 downside target (today’s session low, $48.50, so far). This successfully completes the forecast/trade. Will message any further entry or indication in September crude oil.
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.