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09/18/2016 – Soybeans

November soybeans:

1. On Thursday, September 15 in our Williams edge meeting it was noted that a daily close above $9.44 in November soybeans would indicate a tradable advanced to $9.65 (initial profit target) then $9.70 or higher into Monday, September 19.

2. Subsequently, November soybeans closed at $9.50 (above $9.44) and have completed both the $9.65 and $9.70 upside target’s, with the $9.70 final target completed today, Monday, September 19, as forecast. This successfully completes the forecast/trade. 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.