08/27/2014 – Canadian Dollar
- August 27, 2014
- Canadian Dollar
September Canadian dollar:
1. Our previous (Thursday, Aug. 21) September Canadian dollar update indicated a daily bottom due on Thursday, Aug. 21 (+1 day) to be followed by a tradable multi-day advance and test/attempt at $9162/$63 (or higher).
2. Although the market showed tricky behavior prior to completion, today’s session finalized the $91.62/$63 upside target (today’s session high, $91.79, so far). Will message any further entry or indication.
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.