09/03/2015 – Soybeans

Issued: 09/03/2015

November soybeans:

1. Aggressive can buy November soybeans at current prices (current price $8.79) for further advance and test/attempt at $8.92/$93 into Friday, September 4 (+/-1 trading day).

2. The possibility exists for a ‘wildcard’ advance continuation move into mid next week (week of September 7) up to $9.12/$15. Therefore, any remaining position should be held for such a move.

3. A protective stop should be placed at $8.72. This stop will be moved higher as the market continues to confirm.

David Williams

Issued: 09/03/2015

November soybeans:

1. Our earlier November soybean report indicated new long entry for aggressive traders at approximately $8.79) for further advance and test/attempt at $8.92/$93 into Friday, September 4 (+/-1 trading day).

2. However, our protective sell stop was hit at $8.72, resulting in a small loss on the entire position. Will message any further entry or indication in November soybeans.

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.