10/16/2015 – Japanese Yen
- October 16, 2015
- Japanese Yen
December Japanese Yen:
1. Beginning back on Monday, October 6 in our Williams edge live meetings we noted that the Japanese yen (then trading at approximately $83.10/$.20 was expected to advance and test $83.90/$.95 (or higher).
2. While the December Japanese Yen took somewhat longer than expected to complete the $83.90/$.95 upside target, the target was completed on Wednesday, October 14 completing the forecast. Will message any further entry or indication in the Japanese yen.
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.