09/12/2014 – Soybeans

Nov. soybeans:

1. On Fri. Sept. 5 in our Williams edge live meeting it was noted that any daily close at or below $10.20 in Nov. soybeans would indicate new short entry for a decline to $9.85 (or lower).

2. Yesterday’s (Thurs., Sept. 11) Nov. soybeans session completed the $9.85 downside target (and lower) completing the forecast.

3. You may recall that we traded this forecast, shorting at/near $10.20, taking initial profit at $10.05 and were later stopped out of our remaining position at $10.18 (approx. breakeven) prior to the completion of the $9.85 downside target. Will message any further entry or indication as the market confirms.

David Williams

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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.