09/24/2015 – US Dollar
Issued: 09/24/2015
December US dollar index:
1. In Wednesday, September 23 Williams edge live meeting it was noted that a daily close below $96.55 to $96.66 would be the earliest indication for a multi-day decline and test/attempt at $95.40/$35 into late this week/early next (week of September 20). Yesterday session closed at $96.38, indicating new short entry. Aggressive were instructed to short the market at $96.26.
2. Today session declined sharply and reached $95.75, so far. It is assumed that partial short position exits were taken below the $96.00 level. Under normal conditions, lower prices remain indicated including a test/attempt at $95.40/$35 noted in the original update.
3. However, our protective buy stop has been lowered to $96.27. This stop will be moved lower as the market continues to confirm. Will update.
David Williams
Issued: 09/25/2015
December US dollar index:
1. In Wednesday, September 23 Williams edge live meeting it was noted that a daily close below $96.55 to $96.66 would be the earliest indication for a multi-day decline and test/attempt at $95.40/$35 into late this week/early next (week of September 20). Wednesdays session closed at $96.38, indicating new short entry. Aggressive were instructed to short the market at $96.26.
2. Thursdays (September 24) session declined sharply and reached $95.57 against the forecast $95.40/$35 downside target. Partial short position exits were taken below the $96.00 level.
3. However, today (Friday, September 25) our protective breakeven buy stop was hit at $96.27. This resulted in a successful trade. Will message any further entry or indication in the December US dollar index.
David Williams
Issued: 09/23/2015
December US dollar index:
1. In today’s (Wednesday, September 23) Williams edge live meeting it was noted that a daily close below $96.55 to $96.66 would be the earliest indication for a multi-day decline and test/attempt at $95.40/$35 into late this week/early next (week of September 20).
2. Aggressive can short the market at current prices (current price, $96.26).
3. Our protective buy stop is at $96.75. The stop will be moved lower as the market continues to confirm. Will update.
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.