10/03/2016 – Soybeans

November soybeans:

1. On Tuesday, September 27 in our Williams edge live meeting it was noted that a daily close above $9.44/$42 could be bought in November soybeans for further advance to $9.63/$64, expected into Friday, September 30 (+/-1 day).

2. Subsequently, November soybeans spent several days continuing to test and close above the $9.42 support before advancing today (Monday, October 3) and completing the $9.63/$64 upside target (today’s session high, $9.74, so far). This successfully completes the forecast/trade. Will message any further entry or indication in November soybeans.

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.