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08/18/2016 – Crude Oil

September crude oil:

1. In recent Williams edge live meetings and Square principal webinars it was noted that the current advance in September crude oil would continue higher and complete $47.70/$80. At that time September crude oil was trading at $46.50.

2. Subsequently, September crude oil advanced further and today (Thursday, August 18) completed the $47.70/$80 upside target (today’s session high, $47.75, 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.