10/02/2015 – Japanese Yen
- October 2, 2015
- Japanese Yen
December Japanese Yen:
1. On Wednesday, September 30 in our Williams edge live meeting it was noted that any breakout above $83.70 in the December Japanese yen would indicate a fast advance to $84.25.
2. Subsequently, the December Japanese Yen broke out above $83.70 and completed the advance to $84.25 (today’s session high, $84.34) completing the forecast/trade. This completion further confirms our technical work is applicable to the Japanese yen and will likely result in further trade indications in this active market.
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.