09/23/2015 – Crude Oil
Issued: 09/21/2015
November crude oil:
1. In today’s (Monday, September 21) Williams edge live meeting it was noted that November crude oil (then trading at approximately $46.50) was expected to close above $45.35 and advance to $48.10/$.20 (or higher) into Tuesday, September 22 (+1 day).
2. Traders long from at/near the $46.50 level noted in the meeting should exit partial long position exits at current prices (current price $46.90).
3. A protective sell stop should be placed at $45.00. This stop will be moved higher as the market continues to confirm.
David Williams
Issued: 09/22/2015
November crude oil:
1. We remain long November crude oil based upon Monday’s, September 21 Williams edge forecast for November crude oil (then trading at approximately $46.50) to close daily above $45.35 and advance to $48.10/$.20 (or higher) into Tuesday, September 22 (+1 day).
2. Partial long position exits were taken at $46.90.
3. Our protective sell stop should be moved to $45.10. This stop will be moved higher as the market continues to confirm.
David Williams
Issued: 09/23/2015
November crude oil:
1. Our protective sell stop has been moved to $45.64. This stop will be moved higher as the December crude oil continues to confirm.
David Williams
Issued: 09/23/2015
November crude oil:
1. In Monday’s, September 21 Williams edge live meeting it was noted that November crude oil (then trading at approximately $46.50) was expected to advance to $48.10/$.20 (or higher) into Tuesday, September 22 (+1 day).
2. Traders long from at/near the indicated $46.50 level were instructed to exit partial long positions at/near $46.90.
3. Our recently adjusted protective sell stop at $46.64 was hit today (Wednesday, September 23), resulting in a small gain on the entire position. 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.