09/20/2016 – Crude Oil
November crude oil:
1. In yesterday’s (Monday, September 19) Williams edge live meeting it was noted that November crude oil (then trading at approximately $44.00) was expected to trade at $45.05/$.10 into Tuesday, September 20.
2. Subsequently, November crude oil decline to $43.06 before recovering and today (Tuesday, September 20) completing the $45.05/$.10 profit target (today swing high, $45.14, so far). This successfully completes the forecast/trade. Will message any further entry or indication in November crude oil.
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.