10/11/2016 – US Dollar
- October 11, 2016
- US Dollar
December US dollar index
1. In yesterday’s (Monday, October 10) Williams edge live meeting it was noted that the December US dollar index (then trading at approximately $96.75) was likely to continue to advance to $97.50 (or higher) into Wednesday, December 11.
2. Subsequently, the December US dollar index advanced sharply and today (Wednesday, October 11) completed the forecast $97.50 upside target (today’s session high, $97.71, so far). This successfully completes the forecast/trade. Will message any further entry or indication in the December US dollar index.
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.