09/12/2014 – Sugar
Oct. sugar:
1. On Friday, Sept. 5 in our Williams edge live meeting it was noted that Oct. sugar would be in the weakest possible position upon a daily close below $15.00 which would indicate a multi-day tradable decline to both $14.65 initial target, then $14.27 (or lower).
2. Today’s Oct. sugar market completed the forecast $14.27 downside target (and lower) completing the forecast/trade.
3. Any new entry based upon the original call exited a portion of their short position at/near $14.65, and a further exit at/near $14.27. This completes the trade. Will message any further entry or indication in Oct. sugar.
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.