09/15/2014 – Canadian Dollar
Dec. Canadian dollar:
1. In yesterday’s (Mon., Sept. 15) Williams edge live meeting it was noted that the Canadian dollar (then trading at approximately $90.23) was expected to advance to $90.50 (or higher) into today (Tues., Sept. 16)..
2. Today’s Canadian dollar completed the $90.50 upside target (session high, $90.65, so far). Any self-directed longs based upon the above exited the majority of their position at/near $90.50. Any remaining long position should be held for a trend following exit. Will message any further entry or indication for the Dec. Canadian dollar.
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.