08/11/2015 – Euro
Issued: 08/11/2015
September euro:
1. Today’s September euro continued on the recent advance off the forecast August 5 daily bottom.
2. Although today’s completion of $110.65 – $111.00 on the upside is important, any hourly or especially a daily close above either of those levels (especially $111.00) will signal further advance and a test/attempt at $111.80 (or higher).
3. Will message any new entry based upon the above in tomorrow’s (Wednesday, August 12) session if the market confirms as noted above.
David Williams
Issued: 08/12/2015
September euro:
1. Our previous (Tuesday, August 11) September euro report indicated that although Tuesday’s completion of $110.65 – $111.00 on the upside was important, any hourly or especially a daily close above either of those levels would indicate new long entry for further advance and a test/attempt at $111.80 (or higher).
2. Today’s (Wednesday, August 12) September euro session closed hourly above both $110.65 and later above $111.00, indicating new long entry for the $111.80 upside target noted above.
3. Today’s September euro then advanced powerfully and completed the forecast $111.80 upside target, completing the forecast/trade (today’s session high, $111.83, so far). Will message any further entry or indication in the September euro.
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.