Issued: 08/17/2015
September US dollar index:
1. In Friday’s (August 14) Williams edge live meeting it was noted that the September US dollar index could be bought upon an hourly or daily close above $96.35/$.40 for a continued multi-day advance and test/attempt at $97.65/$70 later this week (week of August 17).
2. Subsequently, the September US dollar index closed hourly and daily above $96.35/$.40, indicating new long entry. Today’s session high has been $96.96, so far. Initial long position exit was indicated during today’s live meeting at/near $96.80. Further long position exit will be indicated as the market continues to confirm.
3. A protective sell stop should be placed at $96.52. This stop will be moved higher as the market continues to confirm. Will update.
David Williams
Issued: 08/18/2015
September dollar index:
1. We remain long the September US dollar index from an hourly or daily close above $96.35/$.40.
2. Our protective sell stop has been raised to $96.82. This stop will be moved higher as the market continues to confirm.
David Williams
Issued: 08/19/2015
September US dollar index:
1. In Friday’s (August 14) Williams edge live meeting it was noted that the September US dollar index could be bought upon an hourly or daily close above $96.35/$.40 for a continued multi-day advance and test/attempt at $97.65/$70 later this week (week of August 17).
2. Subsequently, the September US dollar index closed hourly and daily above $96.35/$.40, indicating new long entry. Initial long position exit was taken at/near $96.80.
3. Today (Wednesday, August 19) our protective sell stop was hit at $96.82, resulting in a successful trade. Will message any further entry or indication in the September US dollar index.
David Williams