09/27/2016 – Swiss Franc
December Swiss franc:
1. In yesterday’s (Monday, September 26) Williams edge live meeting it was noted that hourly closes below $103.95 in the December Swiss franc could be shorted (by aggressive only) for a quick decline to $103.35 into Tuesday, September 27 (+/-1 day).
2. Subsequently, the December Swiss franc closed hourly below $103.95 (at $103.83) indicating new short entry. Today (Tuesday, September 27) the December Swiss franc completed the $103.35 downside target, with today’s session low at $103.27, so far). This successfully completes the forecast/trade. Will message any further entry or indication in the December Swiss franc.
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.