09/01/2015 – Euro
September euro:
1. In yesterday’s (Monday, August 31) Williams edge live meeting it was noted that while the September euro had not yet completed a daily bottom on our platform (with regards to Reflected Wave) it had bottomed on other platforms and was therefore at a critical juncture on the downside.
2. Aggressive traders were informed that the September euro was expected to advance from the then current price of approximately $112.10 to $113.30/$.40.
3. Today (Tuesday, September 1) the September euro advanced powerfully and completed the $113.30/$.40 upside target, completing the forecast/trade (today’s session high, $130.35). 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.