08/21/2015 – US Dollar
- August 21, 2015
- US Dollar
Issued: 08/21/2015
September US dollar index:
1. Yesterday’s (Thursday, August 20) September US dollar report indicated that aggressive traders should short the September US dollar at current prices (the then current price of $95.92) for further decline and test/attempt at $95.55 or lower.
2. Today’s (Friday, August 21) September US dollar declined and completed the forecast $95.55 downside target, completing the trade (today’s session low, $95.27, so far).
3. Aggressive traders holding any remaining short position for the possibility of lower prices should exit any remaining portion at current prices (current price, $95.37). Will message any further entry or indication in the September US dollar index.
David Williams
Issued: 08/20/2015
September US dollar index:
1. Aggressive can short the September US dollar at current prices (current price $95.92) for further decline and test/attempt at $95.55 or lower.
2. A protective buy stop should be placed above $96.40 and will be lowered as the market continues to confirm.
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.